1973 10th Ave N
7,200 SF Industrial Condo Unit Offered at $2,200,000 in Lake Worth Beach, FL 33461
Investment Highlights
- 2 combined units, Very clean
- close proximity to I 95
- 23 ft. hi ceilings, 1 Front entrance and 2 Rear Bay Door Entrances
- close proximity to PBI airport
Executive Summary
Great opportunity to own 2 combined commercial warehouses industrial/flex combined into one. This property 1973 & 1975 10th Ave N in Lake Worth Beach, Fl, offers 7200 sq ft functional warehouse space, and an air conditioned storefront. Property has 2 bay doors, a bathroom, and estimated 23 ft ceiling height. There is currently a long standing national automotive wholesaler occupying the building. The lease ends in Nov of 2026. The class A property is in excellent condition and location as it's near I 95 and major PBI airport. This is a great opportunity for an owner/user or investment or 1031 exchange. Value add opportunity as well as MOTIVATED SELLER Driving Directions: I 95 exit 10th Ave North, head west property will be a short distance on the south side. Broker Confidential: Please schedule online to show. This listing is for 2 warehouses combined into one. 1973 and 1975 unit numbers. All sizes are approximate including ceiling height. Buyer to confirm.
Property Facts
1 Unit Available
Unit 1973-1975
Unit Size | 7,200 SF |
Price | $2,200,000 |
Price Per SF | $305.56 |
Condo Use | Industrial |
Sale Type | Investment |
Cap Rate | 6.50% |
NOI | $143,000 |
No. Parking Spaces | 2 |
Sale Conditions | 1031 Exchange |
APN/Parcel ID | 38-43-44-21-43-000-0150 |
Description
Great opportunity to own 2 commercial warehouses combined into one. This property 1973 & 1975 10th Ave N in Lake Worth Beach, Fl,offers 7200 sq ft functional warehouse space, and an air conditioned storefront. Property has 2 bay doors, a bathroom, and estimated 23 ft ceiling height. There is currently a long standing national automotive wholesaler occupying the building. The lease ends in Nov of 2026. Tenant would lie to renew, but it will be at new owners discretion. The class A property is in excellent condition and location as it's near I 95 and major airports. This is a great opportunity for an owner 1 user or investment, or 1031 exchange.
Driving Directions: I 95 off 10th Ave. North, head west for a short distance, property is on south side. Bays are in middle of strip center.
Broker Confidential: Please schedule online to show. This listing is for 2 warehouses combined into one. 1973 and 1975 unit numbers. All sizes are approximate including ceiling height. Buyer to confirm.
Sale Notes
Call Now to schedule Active Showings,Great class A warehouse with 23 ft. Hi ceilings, two bay doors, bathroom, Front Entry door, small office, Excellent location , minutes off I 95 and minutes to PBI Airport, Great for Owner/ User or landlord. MOTIVATED SELLER. (Seller adding dollars to the monthly rent)
Major Tenant Information
TENANT | SF OCCUPIED | LEASE END DATE |
---|---|---|
TPH HOLDINGS LLC | 7,200 SF | October 2026 |
Amenities
- Yard
- Reception
- Fluorescent Lighting
- Air Conditioning
Utilities
- Lighting
- Water
- Sewer
- Heating
zoning
Zoning Code | MU-W (MU-W-,IXED USE WEST (38-LAKE WORTH BEACH)) |