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Legal Description:West Palm Beach, FL, Palm Beach County, 33404
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Listed on:Feb 22, 2023
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Occupancy:n/a
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Taxes:$12,692 per year
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Floor Description:---
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Year Built:1990
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Zoning:---
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Days on Market:92
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Parking:Yes
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Tax Year:2022
West Palm Beach, FL, Palm Beach County, 33404
3555 Fiscal Ct, West Palm Beach FL 33404
This functional small bay industrial/flex property in Riviera Beach, FL, has been fully occupied by national and regional tenants for over 15 years. The current leases are nearing their ends, with 2 and 3 years remaining. With a current NOI of $264,393, which is below market rent, there’s potential for increased revenue in 2027 and 2028 based on the actual market value of $25 per square foot (NNN). The property features a versatile layout with 9 grade-level doors, office and showroom frontage on a prominent road, and easy access to I-95 via major boulevards. All NNN leases enable investors to transfer future operating cost increases to tenants. With its prime location and functionality, this property is an excellent investment opportunity for both owner-users and investors.
Miami Residence will connect you with an agent in a short time.
FOR SALE DETAILS
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Photo Count1
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Property Type
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SqFt Total17417
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Terms ConsideredAll Cash
Any questions about Residential Land?
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