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Miscellaneous

10th Street Office - Lake Park

359 10th St, Lake Park, FL 33403

Listing Price: $1,500,000

Cap Rate
7.10%
Tenant Name
Master Lease / Vacant
Gross SF
6,624
Guarantor
No Guarantee
Rentable SF
6,624
Price/Gross SF
$226.45
Lease Type
Double Net
Rent Per Square Feet
$15.00

Investment Overview

Seller is willing to execute a one year maximum master lease at $15.00 NNN equating to close to 100K in Net Revenue. Details to be negotiated as part of the sale. This property is positioned to work for both Investors and Owner/Users looking for commercial real estate rent tenant or occupying the building and running a business. This building can be broken up into (2) separate addresses to accommodate multiple businesses as well. Depending on the buyer and terms of the deal seller financing is available and details can be discussed with the listing agent.

Investment Highlights

  • Seller willing to execute one year maximum master lease at $15.00 NNN equating to close to 100K in Net Revenue. Details to be negotiated as part of Sale
  • This Property is Positioned To Work for Both Investors and Owner/Users Looking for Commercial Real Estate in Palm Beach County with Income in Place Day One and the Ability to Add Further Value .
  • The Building Can Be Broken Up Into (2) Two Separate addresses to Accommodate Multiple Businesses as Well. Depending on The Buyer and Terms of the Deal Seller Financing is Available

Exclusively Listed By

Financing By

Miscellaneous

10th Street Office - Lake Park

Listing Price: $1,500,000

Cap Rate
7.10%
Tenant Name
Master Lease / Vacant
Gross SF
6,624
Guarantor
No Guarantee
Rentable SF
6,624
Price/Gross SF
$226.45
Lease Type
Double Net
Rent Per Square Feet
$15.00

Investment Highlights

  • Seller willing to execute one year maximum master lease at $15.00 NNN equating to close to 100K in Net Revenue. Details to be negotiated as part of Sale
  • This Property is Positioned To Work for Both Investors and Owner/Users Looking for Commercial Real Estate in Palm Beach County with Income in Place Day One and the Ability to Add Further Value .
  • The Building Can Be Broken Up Into (2) Two Separate addresses to Accommodate Multiple Businesses as Well. Depending on The Buyer and Terms of the Deal Seller Financing is Available

Investment Overview

Seller is willing to execute a one year maximum master lease at $15.00 NNN equating to close to 100K in Net Revenue. Details to be negotiated as part of the sale. This property is positioned to work for both Investors and Owner/Users looking for commercial real estate rent tenant or occupying the building and running a business. This building can be broken up into (2) separate addresses to accommodate multiple businesses as well. Depending on the buyer and terms of the deal seller financing is available and details can be discussed with the listing agent.

Exclusively Listed By

Financing By

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