Overview

Description

Current NOI is $312,808 annually.  The owner has everyone on month-to-month terms, but the tenants are all asking for long-term leases. This provides flexibility for a new owner to strategically arrange how much of the property would serve their needs. Or it could become a redevelopment play! The 10 fenced pens, with the lot to the south is where an additional building could be built. Estimated size of such a building would be approximately 7800 SF.

The portfolio is composed of 3 contiguous industrial parcels.

One of the most appealing characteristics of the property is that you have access from two roads. You can enter at 602 W industrial Way and exit onto 523 Industrial Ave. Total land area for the 3 industrial parcels is 41,884.

This is an irreplaceable location immediately off I-95 at the Boynton Beach Blvd exit!

Documents

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