234 NE 6th Ave - Warehouse FOR SALE


Boynton Beach, FL 33435- Outer Boynton Beach
$2,950,000 USD
772-631-9168
234 NE 6th Ave, Boynton Beach, FL for Sale
$2,950,000 USD
Warehouse - FOR SALE
1/34
null | 6.63% Cap Rate

234 NE 6th Ave
Boynton Beach, FL 33435
Outer Boynton Beach


OVERVIEW

Nearly 4,000 square foot office/warehouse with strong tenant in place offering significant net operating income under a NNN rate for the remainder of lease and option terms. Warehouse includes multiple office spaces, a large full kitchen with break area, 2 private restrooms, and a large warehouse area with 4 warehouse doors. Current lease expires on July 31, 2028, but it includes three (3) options to renew the lease for an additional five (5) years. Sale includes neighboring parcels to the South at 315 NE 5th Ave. (08-43-45-21-18-000-0680) and 5th Ave. (08-43-45-21-18-000-0690) offering access from NE 5th Ave. and NE 6th Ave. These parcels currently have 2 duplexes located on them.

FOR SALE DETAILS

PRICE

$2,950,000 USD

PRICE/SF

$768 USD /SF

CAP RATE

6.63%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

ADD'L SUBTYPES

Distribution, Service, Light Distribution

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1981

UTILITIES

-

CLEAR CEILING HT

18 Ft

DOCKS

-

DRIVE INS

4

PARKING SPACES

20

LAND DETAILS

LAND ACRES

0.42

LAND SF

18,295

ZONING

C-4

APN/PARCEL ID

08-43-45-21-18-000-0730

ASK ABOUT THIS PROPERTY

John ChapmanChapman Commercial Real EstateMore Info
772-631-9168

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John ChapmanChapman Commercial Real EstateMore Info
772-631-9168

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