2725 Hillsboro Rd - Warehouse FOR SALE


West Palm Beach, FL 33405
$9,995,000 USD
561-512-8978
2725 Hillsboro Rd, West Palm Beach, FL for Sale
$9,995,000 USD
Warehouse - FOR SALE
1/15
null | Request Cap Rate

NEW


2725 Hillsboro Rd
West Palm Beach, FL 33405


HIGHLIGHTS

  • Perfect opportunity for an owner user for private storage for antiques, art, automobiles, and other collectibles. Would make a great showroom.
  • Warehouse situated in the heart of Palm Beach with convenient access to I-95: close to public transportation.
  • 3-phase industrial setup: includes 1 dock (1 exterior and 2 interior) and drive-ins.
  • Please Call For More Information

OVERVIEW

Current owner purchased the property in January 2019 for private storage. When purchased, the warehouse was a shell. The renovation was completed 1.5 years later, August 24, 2020. Renovated to Chubb’s specifications, the warehouse has a new TPO roof, 10 new quiet air HVAC units, 3 commercial dehumidifiers, a dry sprinkler system (Pre Action sprinkler system), all new power (624 AMPS; 3 panels/208 each), a full building natural gas generator, Carbon monoxide detection/ventilation system and an interior loading dock. Additionally, it has two ADA bathrooms and an ADA entry/exit ramp. The property has 3 loading docks (2 interior and I exterior), 4 parking spaces in front and there is an on-going 5-year lease with FLA DOT lot (adjoining the property) about 15,000 SF with a 5-year option to extend at $6,500/year. The building is located just past the 95 overpass off Belvedere Road.

FOR SALE DETAILS

PRICE

$9,995,000 USD

PRICE/SF

$468 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY NAME

Collector Warehouse

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

ADD'L SUBTYPES

Distribution, Showroom, Light Distribution

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1961

UTILITIES

Gas, Water - City, Sewer - City, Heating - Electric

CLEAR CEILING HT

20 Ft

DOCKS

3

DRIVE INS

2

PARKING SPACES

12

LAND DETAILS

LAND ACRES

0.51

LAND SF

22,216

ZONING

I, West Palm Beach

APN/PARCEL ID

74-43-43-33-34-006-0050

ASK ABOUT THIS PROPERTY

Burt MinkoffDouglas EllimanMore Info
561-512-8978

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Burt MinkoffDouglas EllimanMore Info
561-512-8978

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