4100 Building | 4100 N 10th Ave
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4100 Building 4100 N 10th Ave
7,230 SF 100% Leased Retail Building Lake Worth, FL 33461 $2,700,000 ($373/SF) 5.04% Cap Rate
Investment Highlights
- Heavy Traffic area with visible frontage
- Open Lot Plan for expansion opportunities
- Ample parking
- New Roof 3/2024, Additional capital improvements, Parking Lot, A/C's, Electrical
Executive Summary
12 x 600sq ft. units totaling over 7,230 sq ft. Fully leased long time tenants. Nearly a 3/4 acre lot. New roof Mar/2024, Recent Parking Lot, A/C and Electrical upgrades. We will not be providing financing and pre-qualification required. NO agent/broker solicitations. 1% cap on finder fee for pre-qualified buyers.
Financial Summary (Actual - 2024) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2024) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Investment or Owner User
Sale Condition
High Vacancy Property
Property Type
Retail
Property Subtype
Building Size
7,230 SF
Building Class
C
Year Built/Renovated
1980/2024
Price
$2,700,000
Price Per SF
$373
Cap Rate
5.04%
NOI
$136,000
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.21
Land Acres
0.79 AC
Zoning
CG - General Commercial
Parking
36 Spaces (4.98 Spaces per 1,000 SF Leased)
Frontage
173 FT on N 10th Ave
Amenities
- Pylon Sign
- Signage
PROPERTY TAXES
| Parcel Number | 00-42-44-24-01-000-0410 | Total Assessment | $1,092,798 (2023) |
| Land Assessment | $430,613 (2023) | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $690,504 (2023) | Tax Year | 2024 |
PROPERTY TAXES
Parcel Number
00-42-44-24-01-000-0410
Land Assessment
$430,613 (2023)
Improvements Assessment
$690,504 (2023)
Total Assessment
$1,092,798 (2023)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2024
-
George Sadej - Sadej J Enterprises
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4100 Building | 4100 N 10th Ave
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