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3555 Fiscal Ct, West Palm Beach FL 33404

Commercial For Sale
$4,700,000

BTC: 75.83772856

ETH: 1,938.91989786

73 days
0 room(s)
Est. Estimated sales range: $0 - $0
$0

Overview

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.

Location

Facts and features

Type:
Commercial Sale
Parking:
No Data
Year Built:
1990
Lot:
1.31 Acres
Heating:
No Data
Price/sqft:
No Data
Cooling:
No Data
HOA:
No Data
All facts and features
  • Lot

    • Lot: 1.31 Acres

    Other Property Information

    • Parcel Number: 00434219050030010

    • Zoning: IL

  • Type and style

    • Property Type: Commercial Sale

    • Property Sub Type: Flex Space

  • Other financial information

    • Annual tax amount: $36,548

  • Source details

    • MLS ID: A11624171

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The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2024-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Douglas Elliman