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Single-Tenant Industrial

Value add Single tenant industrial

1210 W 13th St, West Palm Beach, FL 33404

Listing Price: $3,890,000

Cap Rate
5.73%
Gross SF
25,624
Price/Gross SF
$151.81
Lot Size
2.60 acres
Year Built
1974
Rentable SF
25,624

Investment Overview

Marcus & Millichap is pleased to exclusively offer for sale this single tenant value add industrial opportunity in Palm Beach County Florida. Located at 1210 West 13th Street, Riviera beach, the property sits on a large signalized corner lot with direct rail road access.This USDA and FDA approved facility is home to “Smart for Life”, a premiere and innovative healthy gourmet food bar manufacturer in South Florida. What a great opportunity to acquire a fee simple cash flow positive industrial asset in the Hot South Florida market with excess land to build additional rail-sided warehouse space for even higher returns. Furthermore, the property is located in an opportunity zone which make adds to the upside potential for the right buyer

Investment Highlights

  • FDA-Approved Facility
  • Excess land available for new development and or future expansion
  • Located in an Opportunity Zone
  • Four dock heigh doors with rail access
  • Recent $1.6M in capital improvements

Exclusively Listed By

Financing By

Single-Tenant Industrial

Value add Single tenant industrial

Listing Price: $3,890,000

Cap Rate
5.73%
Gross SF
25,624
Price/Gross SF
$151.81
Lot Size
2.60 acres
Year Built
1974
Rentable SF
25,624

Investment Highlights

  • FDA-Approved Facility
  • Excess land available for new development and or future expansion
  • Located in an Opportunity Zone
  • Four dock heigh doors with rail access
  • Recent $1.6M in capital improvements

Investment Overview

Marcus & Millichap is pleased to exclusively offer for sale this single tenant value add industrial opportunity in Palm Beach County Florida. Located at 1210 West 13th Street, Riviera beach, the property sits on a large signalized corner lot with direct rail road access.This USDA and FDA approved facility is home to “Smart for Life”, a premiere and innovative healthy gourmet food bar manufacturer in South Florida. What a great opportunity to acquire a fee simple cash flow positive industrial asset in the Hot South Florida market with excess land to build additional rail-sided warehouse space for even higher returns. Furthermore, the property is located in an opportunity zone which make adds to the upside potential for the right buyer

Exclusively Listed By

Financing By

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