1601 N Federal Hwy - Freestanding FOR SALE


Boca Raton, FL 33432- Mizner Park
$3,200,000 USD
404-556-4960
1601 N Federal Hwy, Boca Raton, FL for Sale
$3,200,000 USD
Freestanding - FOR SALE
1/5
null | 5.25% Cap Rate

1601 N Federal Hwy
Boca Raton, FL 33432
Mizner Park


HIGHLIGHTS

  • Freestanding building with drive thru.
  • NNN Investment with National Tenant.

OVERVIEW

Newly signed lease with Tide Dry Cleaners. 15 year initial base term with 12% increases every 5 years.

FOR SALE DETAILS

PRICE

$3,200,000 USD

PRICE/SF

$1,115 USD /SF

CAP RATE

5.25%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Tide Dry Cleaner - Single Tenant Investment

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1970

SPRINKLERS

-

PARKING SPACES

36

LAND DETAILS

LAND ACRES

0.64 AC

LAND SF

27,725 SF

ZONING

B4

APN/PARCEL ID

06-43-47-17-00-000-5112

ASK ABOUT THIS PROPERTY

Lindsey Morriss MeyersSoutheast Retail Advisors, Inc.More Info
404-556-4960

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Lindsey Morriss MeyersSoutheast Retail Advisors, Inc.More Info
404-556-4960

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