2900-3002 Broadway - Freestanding FOR SALE


Riviera Beach, FL 33404
$14,500,000 USD
561-945-7772
2900-3002 Broadway, Riviera Beach, FL for Sale
$14,500,000 USD
Freestanding - FOR SALE
1/3
null | 6.54% Cap Rate

2900-3002 Broadway
Riviera Beach, FL 33404


HIGHLIGHTS

  • Heavy traffic counts in up and coming area. Federal Hwy 25,376, Broadway 23,000, and W. Blue Heron Blvd 18,300
  • 29,259 households within 3 miles with an average income of $52,598
  • Within 10 miles of Palm Beach International Airport.

OVERVIEW

*This prime location is directly on Broadway and has over 75,000 square foot of retail national and regional tenants. *Property sits on over 6 acres of land, with an opportunity to build a residential development in the future. New residential developments are going up along Broadway. *There is in place Income coming in on this property with additional $240,000 of added income opportunity on the existing vacant spaces. *Directly on Broadway with over 20k cars per day.

FOR SALE DETAILS

PRICE

$14,500,000 USD

PRICE/SF

$181 USD /SF

CAP RATE

6.54%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Island Plaza

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Supermarket, Medical

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1986

SPRINKLERS

-

PARKING SPACES

248

LAND DETAILS

LAND ACRES

6 AC

LAND SF

261,360 SF

ZONING

CG, Riviera Beach

APN/PARCEL ID

56-43-42-28-19-000-0170

ASK ABOUT THIS PROPERTY

Joseph ScarfoneONE Investment GroupMore Info
561-945-7772

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Joseph ScarfoneONE Investment GroupMore Info
561-945-7772

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