12575 Us Highway 1 - Office FOR SALE


Juno Beach, FL 33408- Outer Palm Beach Gardens/Jupiter
$10,000,000 USD
561-346-4705
12575 Us Highway 1, Juno Beach, FL for Sale
$10,000,000 USD
Office - FOR SALE
1/8
null | Request Cap Rate

12575 Us Highway 1
Juno Beach, FL 33408
Outer Palm Beach Gardens/Jupiter


OVERVIEW

On behalf of ownership and as exclusive agent, Colliers is pleased to offer for sale, 12575 US Highway 1 (the “Property” or “Building”). This well-maintained, four-story, 25,281 square foot office building is situated on the northwest corner of Universe Boulevard and US-1, a major arterial thoroughfare in Juno Beach, Florida. Purchased and occupied by Document Storage Solutions, Inc. (DSS, Inc.) in 2003, DSS, Inc. will now be relocating its headquarters to its newest location in North Palm Beach. This provides a rare opportunity for an owner/user to acquire this asset. Once the three upper floors are vacated by DSS, Inc., there will be 21,316 SF available now or the entire 25,281 SF in June 2023. The building will remain occupied by Power One Financial Credit Union ("Tenant"), which occupies 3,965 SF of the entire ground floor (with drive-through service). The Tenant has expressed interest in extending this lease, which is set to expire on June 30, 2023. The Tenant monthly rent of $10,447.79 provides additional income to offset any operating costs for the property.

FOR SALE DETAILS

PRICE

$10,000,000 USD

PRICE/SF

$352 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY NAME

FLP Credit Union

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

4

BUILDING CLASS

B

YEAR BUILT

1989

SPRINKLERS

-

PARKING SPACES

80

LAND DETAILS

LAND ACRES

0.98 AC

LAND SF

42,689 SF

ZONING

CO, Juno Beach

APN/PARCEL ID

28-43-41-33-18-000-0000

ASK ABOUT THIS PROPERTY

Thomas BurstColliersMore Info
561-346-4705

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Thomas BurstColliersMore Info
561-346-4705

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