1516 Cypress Dr - Flex FOR SALE


$2,720,000 USD
561-789-7726
1516 Cypress Dr, Jupiter, FL for Sale
$2,720,000 USD
Flex - FOR SALE
1/14
null | Request Cap Rate

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HIGHLIGHTS

  • Prime Investment Opportunity in Jupiter, FL for an investor or owner user.
  • This versatile property boasts a combined 6,800 sq. ft. encompassing a combination of Retail, Office and Warehouse spaces.
  • Zoning: The purpose and intent of the Commercial, Restricted District (C-4) is to permit the location of certain types of retail stores & commercial

OVERVIEW

Prime Investment Opportunity in Jupiter, FL for an investor or owner user. Welcome to 1516 S. Cypress Drive, Jupiter. FL an exceptional commercial real estate offering in the heart of Jupiter, Florida. This versatile property boasts a combined 6,800 sq. ft. encompassing a combination of Retail, Office and Warehouse spaces, plus a fenced in yard, providing a lucrative investment opportunity or a owner user. Diverse Spaces: This property offers a mix of retail, warehouse, and office spaces, catering to a variety of business needs. The 9 top-quality tenants currently in place with short term existing leases ensure a stable and consistent income stream, or the opportunity to occupy the building when the lease expire. Strategic Location: Situated near the intracoastal waterway and the Atlantic Ocean, the property enjoys a prime location in a highly sought-after area. This proximity enhances its attractiveness to businesses and tenants alike, providing a unique selling point. Strong Income Stream: High Demand Area: Jupiter, FL, is known for its vibrant business environment and scenic surroundings. The demand for commercial properties in this area is consistently high, making this investment an attractive proposition for savvy investors. Investment Highlights: Secure Tenancy: The property boasts top-quality tenants with existing leases, ensuring a reliable and secure income stream for the discerning investor. Potential for Growth: Positioned in a thriving area with a mix of businesses and commercial activities, there is ample potential for future growth and increased property value. Versatile Spaces: The combination of a strip center, warehouse, and office plaza provides a versatile set of spaces suitable for a wide range of businesses, contributing to the property's appeal and long-term viability. LOCATION DESCRIPTION Strategic Location: Situated near the intracoastal waterway and the Atlantic Ocean, the property enjoys a prime location in a highly sought-after area. This proximity enhances its attractiveness to businesses and tenants alike, providing a unique selling point. Zoning: The purpose and intent of the Commercial, Restricted District (C-4) is to permit the location of certain types of retail stores, commercial and business uses in a limited area that adjoins a residential district, and to impose controls and regulations in such district limiting noise, vibration, smoke, odors, glare, traffic or other objectionable influences, and to the reasonable extent possible confine all such emissions to the interior of the buildings therein, whereby the uses within each district will be completely compatible, harmonious and convenient to each other, and which will promote and foster the protection and improvement of the public safety, health, morals and general welfare of the town. The property was built in 1972.

FOR SALE DETAILS

PRICE

$2,720,000 USD

PRICE/SF

$400 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Flex

ADD'L SUBTYPES

undefined, Warehouse, Light Distribution

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1972

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.49

LAND SF

21,344

ZONING

C4

APN/PARCEL ID

30-43-40-31-11-000-0120

ASK ABOUT THIS PROPERTY

David JosephThe Keyes CompanyMore Info
561-789-7726

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David JosephThe Keyes CompanyMore Info
561-789-7726

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