ROYAL PALM PROFESSIONAL CENTER OKEECHOBEE BLVD

USD 4,200,000

Royal Palm Beach, Florida

11440 Okeechobee Blvd, 33411

 
STATUS: Activa




Solicita más información

+1 305 546 0211

floridacostasol@gmail.com

Observaciones

EXECUTIVE SUMMARY The Subject Property is a Two-story, CBS multi-tenant standalone office building containing 27 units (some combined) on a 1.6725-acre parcel. The building was constructed in 1986 that consists of a total of 19,274 SF of usable area with a small lobby on the first floor with an elevator and stairwell to the second floor. Unit sizes within the Building range from +/- 150 as the smallest space to a max of +/- 4200 SF (combined space) for a single tenant. The second-floor units have access off interior hallways. The site has excellent visibility and accessibility with egress/ingress from Okeechobee Blvd., and frontage of 242 Feet on the south side of Okeechobee Blvd. HIGHLIGHTS * Ideal for single/multiple-Tenants/owner occupant-Investor. * Excellent Exposure – Situated directly off Okeechobee Blvd., with an average of +/-44,000 vehicle per day. * Highly Accessible +/- 1.5 mile from State road 7, – +/-2-miles of Florida Turnpike & Approx 10 miles west of Interstate 95. *Almost all tenants have been here multiple years. *Rental rates PSF are lower than market providing an upside opportunity *Most HVAC systems have been replaced between 2020 and 2021

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