3963 Boat Club Rd - Office FOR SALE


Lake Worth, TX 76135
$3,925,000 USD
914-498-2225
3963 Boat Club Rd, Lake Worth, TX for Sale
$3,925,000 USD
Office - FOR SALE
1/7
null | 7% Cap Rate

3963 Boat Club Rd
Lake Worth, TX 76135


HIGHLIGHTS

  • 6+ Years Remaining | Options To Extend | Annual Rental Increases
  • NNN Lease | Fee Simple Ownership | Limited Landlord Responsibilities
  • Lake Worth Center | Lake Worthe Towne Crossing |Dense Retail Corridor
  • Strong Demographics In 5-Mile Trade Area

OVERVIEW

SRS National Net Lease is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in a NNN-leased, Action Behavior Centers investment property located in Lake Worth, Texas. The tenant, Action Behavior Centers, recently signed a 7-year lease with 2 (5-year) options to extend, demonstrating their commitment to the site. The lease features 3% annual rental increases throughout the initial term and throughout each option period, steadily growing NOI and hedging against inflation. The lease is NNN with limited landlord responsibilities making it an ideal, low management investment opportunity for a passive investor.

FOR SALE DETAILS

PRICE

$3,925,000 USD

PRICE/SF

$597 USD /SF

CAP RATE

7%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Action Behavior Centers | Annual Increases

PROPERTY TYPE

Office

ADD'L SUBTYPES

Medical

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

1997

SPRINKLERS

-

PARKING SPACES

37

LAND DETAILS

LAND ACRES

1 AC

LAND SF

43,560 SF

ZONING

Planned Commercial

APN/PARCEL ID

07039220

ASK ABOUT THIS PROPERTY

Sabrina SapienzaSRS Real Estate PartnersMore Info
914-498-2225

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Sabrina SapienzaSRS Real Estate PartnersMore Info
914-498-2225

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