3141 S Military Trl Lake Worth, FL 33463
For Lease
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This exceptional investment opportunity presents a well-maintained, two-story Class B office complex located at 3141 S Military Trail in Lake Worth, Florida. The property, built in 1983 and renovated in 2000, encompasses 8,830 square feet across one building and offers 23 individual office suites. Currently, 22 of the 23 units are occupied, demonstrating strong tenant demand and a high occupancy rate. The property features ample parking with 27 spaces available for tenants and guests. The lease structure is a gross lease, simplifying management and providing predictable income streams. The building is situated on a lot with no recorded square footage. The asking price for this turnkey investment is $1,900,000. Annual rent bumps are set at 4%, ensuring consistent growth in rental income. This property presents a rare opportunity to acquire a stable, high-occupancy office complex in a desirable location within Palm Beach County, Florida, with a zip code of 33463. The property's strong performance and potential for future appreciation make it an attractive addition to any investment portfolio. The property is classified as Special Purpose.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
UI · Lake Worth, FLLake Worth. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.