2200 Lake Ida Rd | Delray Beach, FL 33445
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2200 Lake Ida Rd
Delray Beach, FL 33445
North Delray Plaza · Retail Property For Sale
Investment Highlights
- 100% Occupied Plaza, Occupied by Service-Oriented Tenants
- Roof Replaced in 2017 w/ In-Place Warranty
- Dedicated Curb Cut Along Lake Ida Rd and Multiple Ingress/Egress Points Allow for Ease of Access to All Directions of Traffic
- NNN Leases with Annual Rent Escalations Tied to the Consumer Price Index Shielding an Investor from Rapidly Rising Operating Expenses and Inflation
- Located in Delray Beach, One of the Hottest Markets in the Country
- Minimal Competing Shopping Plazas in the Area
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
18,416 SF
Building Class
B
Year Built/Renovated
1975/1990
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.23
Lot Size
1.85 AC
Zoning
SAD, Delray Beach
Parking
72 Spaces (3.91 Spaces per 1,000 SF Leased)
Frontage
425 FT on Lake Ida
Amenities
- Pylon Sign
- Signage
PROPERTY TAXES
| Parcel Number | 12-43-46-07-36-001-0000 | Improvements Assessment | $2,347,688 |
| Land Assessment | $806,820 | Total Assessment | $3,061,485 |
PROPERTY TAXES
Parcel Number
12-43-46-07-36-001-0000
Land Assessment
$806,820
Improvements Assessment
$2,347,688
Total Assessment
$3,061,485
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