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3600 S Congress AveBoynton Beach, FL 33426
3600 S Congress
Asset ClassIndustrial, Mixed Use, Office
47,626 SF, Single-Story Flex/Light Industrial Asset
overview of deal

Overview

The Capital Markets Group of Cushman & Wakefield has been retained as the exclusive advisor for the sale of 3600 South Congress, a highly functional ±47,626-square-foot multi-tenant light industrial asset situated on approximately ±3.3 acres with 475 feet of prominent frontage along South Congress Avenue in Boynton Beach.

 

The Property is currently 93% leased to 11 tenants at rental rates below current market levels. With market rents approximately 13.5% above in-place rents and a short weighted average lease term (WALT) of 1.65 years, the asset provides future ownership with the opportunity to implement a near-term mark-to-market strategy, creating a clear path for continued revenue growth.

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Investment Highlights

  • SIGNIFICANT UPSIDE & SECURITY OF INVESTMENT
  • ACCRETIVE ASSUMABLE DEBT
  • WELL MAINTAINED & LOCATED LIGHT INDUSTRIAL BUILDING
  • FAVORABLE MARKET DYNAMICS & HIGH BARRIERS TO ENTRY
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3600 S Congress AveBoynton Beach, FL 33426

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