Rehabilitation Center
2100 Cove Lane, North Palm Beach, FL 33408
For Sale
Contact for pricing
The multi-property offering combines a PHP/IOP office with residential treatment homes under absolute NNN leases.
Property SizeContact for details
Days on Market22
Property Features for 2100 Cove Lane
General Information
Standard status
Property subtype
Financials
Asking Price
Cap Rate
Gross Income
Additional Details
Tenant in Place
Property Use
Building Details
Year Built
Tenancy
Listing Agency:
The Wine Group
Listed By:
Brian Wine · License CA #01952225
Source:
Crexi
Added: Oct 19
Changed: Nov 8
Last Checked: Nov 8 at 4:32PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of The Wine Group
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This behavioral health portfolio includes a 6,156-square-foot PHP/IOP office and several residential treatment homes in Palm Beach Gardens and North Palm Beach, Florida. The homes were built between 1977 and 1998, and the properties include pools and outdoor recreation areas. Family First Adolescent Services occupies the portfolio under absolute NNN leases, with lease terms ending December 31, 2030; there are no tenant renewal options. The portfolio is offered at a 7.15% cap rate.
The mix of office and residential facilities supports the tenant’s treatment programs, which include residential care and PHP/IOP services. Site visits are arranged by appointment to protect patient privacy.
The mix of office and residential facilities supports the tenant’s treatment programs, which include residential care and PHP/IOP services. Site visits are arranged by appointment to protect patient privacy.
Key Highlights
- 6,156‑square‑foot PHP/IOP office and multiple residential treatment homes
- Absolute NNN leases run through December 31, 2030, with no tenant renewal options
- Residential homes built between 1977 and 1998
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,547
Businesses Nearby
Explore this area
Business Placement
Demographics for 33408, FL
18,965
Population
13,490
Households
1.4
Avg Household Size
58
Median Age
52%
College-Educated
96%
High-School Grad
6.8 sq mi
ZIP Area
2,789
Density / Sq Mi
$91,390
Median Household Income
$65,606
Median Earnings
$1,885
Median Rent
$502,900
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Rehabilitation center - The multi-property offering combines a PHP/IOP office with residential treatment homes under absolute NNN leases.
Where is this rehabilitation center located?
The property is located at 2100 Cove Lane North Palm Beach, FL.
What is the asking price?
The asking price for this property is $12,000,000.
What are key features of this property?
This property features: 6,156‑square‑foot PHP/IOP office and multiple residential treatment homes; Absolute NNN leases run through December 31, 2030, with no tenant renewal options; Residential homes built between 1977 and 1998
