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$4,700,000
22 Days Online

Address Withheld

For Sale|Commercial|Active
0
Beds
0
Full Baths
0
Partial Baths
17,417
SqFt
$270
/SqFt
1990
Built
County:
Palm Beach
Call Now: 954-720-0099
Is this the home for you? We can help make it yours.
954-720-0099
Address WithheldAddress WithheldAddress WithheldAddress Withheld
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Mortgage Calculator

Monthly Payment (Est.)

$21,443
Calculator powered by Showcase IDX. Copyright ©2024 Information is deemed reliable but not guaranteed.

This functional small bay industrial/flex property in Riviera Beach, FL, has been fully occupied by national and regional tenants for over 15 years. The current leases are nearing their ends, with 2 and 3 years remaining. With a current NOI of $264,393, which is below market rent, there's potential for increased revenue in 2027 and 2028 based on the actual market value of $25 per square foot (NNN). The property features a versatile layout with 9 grade-level doors, office and showroom frontage on a prominent road, and easy access to I-95 via major boulevards. All NNN leases enable investors to transfer future operating cost increases to tenants. With its prime location and functionality, this property is an excellent investment opportunity for both owner-users and investors.

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Listing Snapshot
Price 
$4,700,000
Days Online 
22 Days
Bedrooms 
N/A
Inside Area (SqFt) 
17,417 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
1.2 Acres
Year Built 
1990
MLS® Number 
A11624171
Status 
Active
Property Tax 
$36,548
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
2 weeks agoListing updated with changes from the MLS®
3 weeks agoListing first seen online
General Features
Number Of Stories 
1
Acreage 
1.3148
Number of Stories 
1
Zoning 
IL
Property Sub Type 
Commercial
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Exterior Features
Waterfront 
No
Waterfront Property 
No
Community Features
MLS Area 
4340
Listing courtesy of Douglas Elliman

The data relating to real estate for sale on this web site comes in part from the Miami Association of Realtors, Realtor Association of Greater Ft. Lauderdale, and the South Broward Board of Realtors. Information is deemed reliable but not guaranteed. Copyright © 2024, Miami Association of Realtors, Realtor Association of Greater Ft. Lauderdale, and the South Broward Board of Realtors. All rights reserved. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The use of search facilities of data on the site, other than a consumer looking to purchase real estate, is prohibited.

Neighborhood & Commute
Source: Walkscore
Community information and market data Powered by ATTOM Data Solutions. Copyright ©2019 ATTOM Data Solutions. Information is deemed reliable but not guaranteed.
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