Palm Beach, US
7.02 CAP, CURRENTLY 100% OCCUPIED HOWEVER, DUE TO COVID TENANTS ARE PAYING LOWER RENTS FOR A SHORT TIME AND ARE NOT PAYING PER LEASE AGREEMENT WHICH ALLOWS FOR MULTIPLE OPPORTUNITIES FOR OWNER-USER OR INVESTMENT. BRING ALL CASH OFFERS. 27, 500 SF (16,500 SF) Leased to Rock Fitness Gym (GYM HAS LEGAL RENT STIPULATION AND IF NOT FOLLOWED WILL BE REMOVED VIA COURT ORDER WITHOUT ANY FURTHER HEARINGS) and (11,000 SF) Leased to Furniture Direct (5 locations in S. FL) Both tenants have new 10+ year leases with options. The Retail property was completely renovated between 2017 - 2018 including a new roof.
Courtesy Of: H. Alan Welles Real Est, LLC
Feature Highlights
- Pets Allowed
- Multiple Ofrs Acptd
Interior Features
- SqFt - Living:
- 27266.00
- Total Floors/Stories:
- 100.00
Exterior Features and Amenities
- Total Units in Bldg:
- 3
- Carport Spaces:
- 3.00
Financial
- Taxes:
- $50,034.00
- Tax Year:
- 2017
- Application Fee:
- $21.00
- List Price/SqFt:
- $286.07
Other Features
- Area:
- 5410
- Zoning:
- Store , GC
- Parcel ID:
- 74434319110000030
- Legal Desc:
- PALM BEACH COMMERCIAL PL 3 LTS 3 & 4
- Geo Area:
- PB23
- Built Desc:
- Resale
- SqFt Source:
- Tax Rolls
- Pets Allowed:
- Yes
- Dock #:
- 2018.00
- Unit Floor #:
- 36.00
Directions
The subject property is located near the intersection of Palm Beach Lakes Blvd. and Village Blvd. Next to Red Lobster and PA BBQ across the street from Twin Peaks. It is seconds away from I-95.
