3426 S Military Trl - Auto Repair FOR SALE


Lake Worth, FL 33463
$1,300,000 USD
561-512-7512
3426 S Military Trl, Lake Worth, FL for Sale
$1,300,000 USD
Auto Repair - FOR SALE
1/8
null | Request Cap Rate

3426 S Military Trl
Lake Worth, FL 33463


HIGHLIGHTS

  • Frontage on Military Trail
  • Pylon Signage
  • Lit signage on building

OVERVIEW

3,800 ± SF commercial building for sale or lease. The building measures 50’ ± deep and 60’ ± wide (3,000 ± SF). The building contains 950 ± SF of ground floor office with a waiting room, balance warehouse. There is a concrete and steel mezzanine above the office area measuring 20’ x 40’ (800 ± SF) which is accessed via a staircase. The mezzanine has an open floor plan for storage and there is a large conference room in the northeast corner of the mezzanine. The building consists of metal construction with a metal roof system. There are (2) 10’ wide x 12’ overhead doors, (1) 16’ wide x 12’ overhead door, warehouse skylights and 16’ clear height. There are 15 permitted parking spaces but there is room for at least 8 more cars on the east and west sides of the building if double parked. The building has a permitted, lighted pylon sign visible to traffic on Military Trail and was built in 1978. The building was completely repainted inside and out and features new LED light fixtures, etc. Building has 5, fully functioning, automotive lifts. Water and sewer provided by Palm Beach County. Power provided by Florida Power and Light. Located on the Southeast quadrant of 10th Avenue North and South Military Trail, Lake Worth, FL in Central Palm Beach County. The building is a few blocks south of this intersection with direct frontage and signage on South Military Trail. Potential Uses: The property is permitted for auto repair and auto body. However, current zoning allows a variety of retail, office and commercial uses. Site totals .2526 acres or 11,003 SF lot. Zoned (CG) Commercial General – Palm Beach County, FL. A zoning resolution passed in 1979 permitting automotive repairs and auto body uses. This use approval is tied to the property in perpetuity or until the zoning is changed by the building owner. Lease Rate: $22.50 per month NNN. Please note: only established and experienced operators with acceptable creditworthiness and net worth will be considered for a long-term lease. Operating expenses: $4.50 psf for 2023 (taxes and insurance). Total Rent: $27.00 psf Gross or $8,550.00 per month plus electric and sales tax. Sale Price: $1,300,000.00 cash to Seller. Contact: Kerry Jackson, SIOR, Vice President Reichel Realty & Investments, Inc. 8845 North Military Trail, Suite 100 Palm Beach Gardens, Florida 33410 561-478-4440 main; (561) 512-7512 mobile

FOR SALE DETAILS

PRICE

$1,300,000 USD

PRICE/SF

$342 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Repair

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1978

SPRINKLERS

-

PARKING SPACES

12

LAND DETAILS

LAND ACRES

0.25 AC

LAND SF

10,890 SF

ZONING

CG

APN/PARCEL ID

00-42-44-24-10-000-3280

ASK ABOUT THIS PROPERTY

Kerry JacksonReichel Realty & Investments, Inc.More Info
561-512-7512

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Kerry JacksonReichel Realty & Investments, Inc.More Info
561-512-7512

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