10064 W Indiantown Rd - Storefront FOR SALE


Jupiter, FL 33478- Jupiter Farms
$3,115,613 USD
201-919-6148
10064 W Indiantown Rd, Jupiter, FL for Sale
$3,115,613 USD
Storefront - FOR SALE
1/4
null | 7.75% Cap Rate

10064 W Indiantown Rd
Jupiter, FL 33478
Jupiter Farms


HIGHLIGHTS

  • Absolute NNN Lease with Annual Increases
  • Miami MSA
  • Outparcel to Publix Anchored Center
  • Affluent Demographics
  • Best-in-Class Tenant

OVERVIEW

Northmarq is pleased to offer for sale to qualified investors the opportunity to purchase a fee simple interest in the Sanctuary Dispensary property located in Jupiter, Florida (the “Property”). Sanctuary is operating under an absolute NNN lease with zero landlord responsibilities whatsoever, offering a truly passive investment asset. The lease also features 2.33% annual rent escalations throughout the base and option terms, providing investors with a boost to overall cash flows and a significant hedge against inflation. See Lease Abstract for full details.

FOR SALE DETAILS

PRICE

$3,115,613 USD

PRICE/SF

$974 USD /SF

CAP RATE

7.75%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Sanctuary Dispensary

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1998

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.51 AC

LAND SF

22,216 SF

ZONING

LO

APN/PARCEL ID

00-41-41-01-05-001-0200

ASK ABOUT THIS PROPERTY

Christian TremblayNorthmarqMore Info
201-919-6148

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Christian TremblayNorthmarqMore Info
201-919-6148

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.