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Mixed-Use

Dr. Hacker Medical / Mixed-Use

230 George Bush Blvd, Delray Beach, FL 33444

Listing Price: $22,500,000

Cap Rate
5.00%
Number of Units
2
Occupancy
100.0%
Price/Unit
$11,250,000

Investment Overview

This investment property allows an investor or an owner/user to secure a free-standing turn-key mixed-use property in Downtown Delray Beach, Florida. This asset is being positioned with the Seller renting back the Class A Medical Office Space and the 5-bedroom Luxury C-Suite, which is 3 floors with an elevator and rooftop terrace. It would be based on a (3) year NNN Lease. This is a one-of-a-kind new construction and high-visibility location in Delray Beach. The property has frontage on George Bush Blvd, which leads to the #1 beach in Florida based on USA Today from May of 2024 Reader’s Choice Award. Atlantic Avenue is also just eight blocks away and is the most robust retail corridor of Delray Beach, where most retail and restaurants are located downtown.

This property can be delivered in a few ways, including fully leased; the property can also be sold, and the Residence can be made vacant if a Buyer is looking to live there and collect rent from the Medical Office space. The Seller will also remain in the Residence if the Buyer wants to occupy this office space or has a tenant in hand to take it. It is important to also note that the Residence can be turned into a high-end office concept as well. Lastly, the property can be delivered 100% vacant if the Buyer is looking at this opportunity.

Please schedule any showings with the Listing Agent. The building is currently 100% occupied, and we do not want to disturb the business or residence with tours.

Investment Highlights

  • New Construction
  • Mixed-use Development with Medical Office and C-Suite Residence
  • Flexibility in Lease-back opportunity or can be delivered vacant

Exclusively Listed By

Financing By

Mixed-Use

Dr. Hacker Medical / Mixed-Use

Listing Price: $22,500,000

Cap Rate
5.00%
Number of Units
2
Occupancy
100.0%
Price/Unit
$11,250,000

Investment Highlights

  • New Construction
  • Mixed-use Development with Medical Office and C-Suite Residence
  • Flexibility in Lease-back opportunity or can be delivered vacant

Investment Overview

This investment property allows an investor or an owner/user to secure a free-standing turn-key mixed-use property in Downtown Delray Beach, Florida. This asset is being positioned with the Seller renting back the Class A Medical Office Space and the 5-bedroom Luxury C-Suite, which is 3 floors with an elevator and rooftop terrace. It would be based on a (3) year NNN Lease. This is a one-of-a-kind new construction and high-visibility location in Delray Beach. The property has frontage on George Bush Blvd, which leads to the #1 beach in Florida based on USA Today from May of 2024 Reader’s Choice Award. Atlantic Avenue is also just eight blocks away and is the most robust retail corridor of Delray Beach, where most retail and restaurants are located downtown. This property can be delivered in a few ways, including fully leased; the property can also be sold, and the Residence can be made vacant if a Buyer is looking to live there and collect rent from the Medical Office space. The Seller will also remain in the Residence if the Buyer wants to occupy this office space or has a tenant in hand to take it. It is important to also note that the Residence can be turned into a high-end office concept as well. Lastly, the property can be delivered 100% vacant if the Buyer is looking at this opportunity. Please schedule any showings with the Listing Agent. The building is currently 100% occupied, and we do not want to disturb the business or residence with tours.

Exclusively Listed By

Financing By

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