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Single-Tenant Industrial

Johnson Controls Building

1830 Park Ln S, Jupiter, FL 33458

Listing Price: $5,750,000

Cap Rate
5.71%
Gross SF
23,600
Price/Gross SF
$243.64
Lot Size
1.90 acres
Year Built
2004
Rentable SF
20,000

Investment Overview

Marcus & Millichap, as exclusive agent, is pleased to present for sale the Johnson Controls Building (the Property), a 20,000 square foot, single-tenant NNN leased, office/warehouse property located in the sought after high demographic sub-market of Jupiter, Florida, in the north end of Palm Beach County. The Property was constructed in 2004, renovated for the current tenant in 2008 and sits on approximately 1.89 Acres in the Jupiter Park of Commerce. The Property fronts I-95 just above the Indiantown Road exit and has great proximity to both I-95 and the Florida State Turnpike, also with an exit at Indiantown Road. Indiantown Road is a major commercial corridor and thoroughfare running east to west and connecting the mainland to the barrier islands and beaches. The Property also boasts valuable fenced and gated outside storage/parking as well as an attached 3,600 square foot open-air structural storage area constructed of concrete and steel with a standing seam metal roof and fully sprinklered.

Investment Highlights

  • Ideal 1031 Exchange with Long Time BBB+ Rated Tenant (Since 2008)
  • High Barrier to Entry Submarket and Property Type
  • Located Within Highly Sought After Jupiter Park of Commerce with Great Proximity to I-95 and the Florida State Turnpike
  • 60 Percent Office, 40 Percent Warehouse, 100 Percent Sprinklered. No Deferred Maintenance. All Expenses and Upkeep Paid by Tenant
  • Valuable and Rare Fenced and Gated Outside Storage/Parking with 3,600 SF Attached Structural Open-Air Storage Area Constructed of Concrete and Steel with Standing Seam Metal Roof and Fully Sprinklered

Exclusively Listed By

Financing By

Single-Tenant Industrial

Johnson Controls Building

Listing Price: $5,750,000

Cap Rate
5.71%
Gross SF
23,600
Price/Gross SF
$243.64
Lot Size
1.90 acres
Year Built
2004
Rentable SF
20,000

Investment Highlights

  • Ideal 1031 Exchange with Long Time BBB+ Rated Tenant (Since 2008)
  • High Barrier to Entry Submarket and Property Type
  • Located Within Highly Sought After Jupiter Park of Commerce with Great Proximity to I-95 and the Florida State Turnpike
  • 60 Percent Office, 40 Percent Warehouse, 100 Percent Sprinklered. No Deferred Maintenance. All Expenses and Upkeep Paid by Tenant
  • Valuable and Rare Fenced and Gated Outside Storage/Parking with 3,600 SF Attached Structural Open-Air Storage Area Constructed of Concrete and Steel with Standing Seam Metal Roof and Fully Sprinklered

Investment Overview

Marcus & Millichap, as exclusive agent, is pleased to present for sale the Johnson Controls Building (the Property), a 20,000 square foot, single-tenant NNN leased, office/warehouse property located in the sought after high demographic sub-market of Jupiter, Florida, in the north end of Palm Beach County. The Property was constructed in 2004, renovated for the current tenant in 2008 and sits on approximately 1.89 Acres in the Jupiter Park of Commerce. The Property fronts I-95 just above the Indiantown Road exit and has great proximity to both I-95 and the Florida State Turnpike, also with an exit at Indiantown Road. Indiantown Road is a major commercial corridor and thoroughfare running east to west and connecting the mainland to the barrier islands and beaches. The Property also boasts valuable fenced and gated outside storage/parking as well as an attached 3,600 square foot open-air structural storage area constructed of concrete and steel with a standing seam metal roof and fully sprinklered.

Exclusively Listed By

Financing By

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