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Listed by KW Reserve

$7,950,000

Est. payment - /mo

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10 Baths

33,000 SqFt

Active

7721 N Military TRL West Palm Beach, FL 33410

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Shannon Duval

shannon@theduvalcollective.com +1(954) 695-0227

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Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

Square Footage 33,000 sqft

Price per Sqft $240

MLS Listing ID RX-11059565

Construction Status Resale

Year Built 2004

Annual Tax Amount $57,795

Tax Year 2019

Lot Size 3.420 Acres

Property Sub-Type Retail

Property Description

Bring your 1031 buyers!! This unique retail/office park is currently 100% occupied with a diverse tenant mix paying BELOW MARKET RENTS, making it an attractive acquisition for local operators or those needing an up-leg from a sale. We recently finalized a renewal and expansion LOI at $20/ft NNN, highlighting a 30%+ mark-to-market upside on rollovers.

Location

State FL

County Palm Beach

Area 5290

Zoning CG

Interior

Heating Central

Cooling Central

Flooring Tile

Fireplaces Type Smoke Alarm, Sprinkler

Exterior

Utilities Available Electric

Roof Type Concrete Tile

Building

Story 100.00

Construction Status Resale

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash,Conventional

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Phone

+1(954) 695-0227

shannon@theduvalcollective.com

Address

2900 N University Dr, Springs, FL, 33065, USA

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