Advanced Dermatology- Boynton Beach, FL

Premier Medical Tenant: Leased to Advanced Dermatology & Cosmetic Surgery, one of the largest and most established dermatology groups in the U.S.
Prime Healthcare Location: Directly across from Baptist Health’s Bethesda Hospital East, ensuring strong patient traffic and long-term medical demand.
Tenant Renewal Secured: Tenant recently exercised their first renewal option, demonstrating their strong performance and commitment to the location.
Built-In Rent Growth: Lease includes 3% annual increases with two additional 3-year renewal options remaining.
Recent Capital Improvements: Property features a new roof and updated interior, minimizing near-term capital expenditures. There is also $70,000 in TIA to be deployed by the tenant.
High-Quality Medical Buildout: Efficient clinical layout suited for dermatology and other medical specialties.
Strong Submarket Fundamentals: Located in the growing Boynton Beach medical corridor, benefiting from rising population and healthcare utilization.
Low Vacancy Medical Submarket: Medical space near Bethesda Hospital East remains highly sought after, with limited supply of comparable clinics—enhancing long-term occupancy stability and future leasing demand.

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