$1,500,000 USD
Commercial for Sale, 3677 23rd S Avenue B107, Lake Worth Beach, Florida 33461
- MLS#R11133808
Listed By Christina Morrison PA
The Commercial Property for Sale located at 3677 23rd S Avenue B107, Lake Worth Beach, Florida 33461 is currently for sale. 3677 23rd S Avenue B107, Lake Worth Beach, Florida 33461 is listed for $1,500,000.
Property features
Lot/Land
- Land/Lot size:
16,187 m² (174,240 ft²) - Lot description: Landscaped
Construction
- Year built: 2007
- Roofing: Built-Up
Interior Features
- Floors: Concrete
Security
- Features: Sprinkler SystemFire AlarmSmoke DetectorGated Community
Heating and Cooling
- Cooling system: Electric
Utilities
- Other utilities: PublicPublic Sewer
Description
21st Century light industrial condo for investor who wants easy income. This property has all concrete exterior walls, impact resistant glass doors and windows, wind tested overhead doors and new roof systems all in place. Interior has offices and restrooms already built.
Tenant has a 5-year lease with two 5-year options with first year return of over 5% and rent increases annually.
PERFECT for investor since this is a sale-leaseback with a well-established pharma company. If you have a 1031 Buyer, please bring them here - easy income/ownership since Association takes care of everything outside and Tenant takes care of everything inside.
Property is in a park-like setting and is fenced and gated. New roof, newly sealed and painted buildings, and reserves in place.
Location
3677 23rd S Avenue B107, Lake Worth Beach, Florida 33461