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1901 South Congress Avenue

Updated Oct 29, 2026

VITAS Healthcare Corporation Of Florida Renews And Expands Lease At 1901 South Congress Avenue
LEASEDOffice

VITAS Healthcare Corporation Of Florida Renews And Expands Lease At 1901 South Congress Avenue

1901 South Congress Avenue

Building Size

27,879 SF

Asset Type

Office

Closing

Oct 25, 2026

About this deal

AI

The property involved in this transaction is an office space located at 1901 South Congress Avenue, Boynton Beach, FL. The asset measures 27,879 square feet and is leased in a deal that includes a renewal and expansion by VITAS Healthcare Corporation of Florida. The specific size of the lease is 25,334 square feet, with an additional 2,545 square feet being added as part of the agreement.

Summary of transaction details:

This lease agreement was negotiated for a term of six years, showcasing an expansion strategy for VITAS Healthcare Corporation of Florida at the Woolbright Corporate Center. The representation of the landlord was handled by Berger Commercial Realty, while the tenant was represented by Summit CRE Advisors.

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Players

Brian Batchelder

Berger Realty

Broker

$35M

vol

6 deals

Broker
VITAS Healthcare
VITAS HealthcareTenant
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Boynton Beach Office Market Snapshot

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.80%

Cash-on-Cash

-1.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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