Tuxedo Business Park Industrial FOR SALE


West Palm Beach, FL
$9,000,000 USD
561-702-2015
, West Palm Beach, FL for Sale
$9,000,000 USD
Industrial - FOR SALE
1/17
null | 8% Cap Rate

Tuxedo Business Park
West Palm Beach, FL


HIGHLIGHTS

  • Great opportunity for investors & end users
  • Close proximity to PBI
  • Just off of I-95
  • Includes the only public truck weighing scale in Palm Beach County (additional income)
  • 10,000 square foot warehouse is fully leased
  • Visibility from the access ramp to PBI

OVERVIEW

Welcome to 2900-2902 Tuxedo Ave. This well located industrial property sits just off the I-95 Belvedere Road interchange and is less than two miles away from Palm Beach International Airport. The site consists of 32,751 SF across two warehouse buildings situated on a 1.85-acre IOS-zoned parcel, permitting outdoor storage and heavy truck activity. This deal includes a fully leased 10,000 SF metal frame warehouse and a vacant 22,751 SF warehouse. The roof on the 22,751 SF building is approximately 10 years old, offering meaningful remaining useful life. The property features the only public truck weighing scale in Palm Beach County, currently generating approximately $30,000 annually without advertising. With active marketing and signage, the scale presents clear potential for significantly increased revenue.

ASK ABOUT THIS PROPERTY

561-702-2015

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561-702-2015

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