12010 US Highway 1
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12010 US Highway 1
5,991 SF Office Building North Palm Beach, FL 33408 $4,300,000 ($718/SF) 9.29% Cap Rate
Investment Highlights
- Central Core of Palm Beach Gardens
- Solid construction and quality throughout
- Close to all support facilities
- Close to all Luxury Subdivisions
- Heavy Traffic corridor
- Shopping, Retail, Restaurants in close proximity
Executive Summary
Owner occupied property. Owner is negotiable on exit strategy. Incredible owner/user opportunity.
Property Facts
Sale Type
Investment or Owner User
Sale Condition
1031 Exchange
Property Type
Office
Property Subtype
Building Size
5,991 SF
Building Class
B
Year Built
2002
Price
$4,300,000
Price Per SF
$718
Cap Rate
9.29%
NOI
$399,600
Tenancy
Single
Building Height
2 Stories
Typical Floor Size
2,996 SF
Building FAR
0.35
Lot Size
0.39 AC
Zoning
CG - General Commercial, Palm beach county.
Parking
13 Spaces (2.17 Spaces per 1,000 SF Leased)
Amenities
- 24 Hour Access
- Bus Line
- Security System
- Signage
- Accent Lighting
- DDA Compliant
- High Ceilings
- Natural Light
- Open-Plan
- Air Conditioning
- Balcony
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PROPERTY TAXES
| Parcel Number | 00-43-41-33-00-000-7060 | Improvements Assessment | $1,034,535 |
| Land Assessment | $332,940 | Total Assessment | $1,330,809 |
PROPERTY TAXES
Parcel Number
00-43-41-33-00-000-7060
Land Assessment
$332,940
Improvements Assessment
$1,034,535
Total Assessment
$1,330,809
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12010 US Highway 1
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