Forest Hill Professional Plaza

Marcus & Millichap is pleased to present as exclusive advisor Forest Hill Professional Plaza (the Property), a +/-15,911 square foot, two (2) story, freestanding Class "B" Medical Office Property located in West Palm Beach, Florida. The building was constructed in 1976 and sits on approximately 1.29 Acres. 91.5% occupied and leased to nine tenants on monthly and yearly leases, many of the tenants have leased space at the Property for many years, with the average length of occupancy averaging 14 years.

The Property represents a very well maintained stabilized investment with future upside and is conveniently located just West of Interstate 95 (I-95) at the signalized intersection of Florida Mango Road with 308 feet of direct frontage on Forest Hill Boulevard, a prominent east/west commercial artery and 167 feet of direct frontage on Florida Mango Road, a major north/south artery. Further enhancing the Property's central location is an abundance of multifamily and single-family housing, as well as a critical mass concentration of banking, motels, restaurants and shopping centers in the surrounding vicinity, as well as the proximity of Palm Beach International Airport and the vibrant downtown's of both Lake Worth and West Palm Beach just a few minutes south and north of the Property respectively, all of which adds to the energy of this high visibility and well located asset.