3677 23rd Avenue Apt: B107
Lake Worth Beach, FL 33461

Property

Ownership: Commercial
Type: Commercial
Area: 5660 sq ft

Financials

Price:$1,560,000
Deborah L. Ginsburg
150 Worth Ave, Palm Beach, FL 33480
Listing Courtesy of Christina Morrison PA

21st Century light industrial condo for investor who wants easy income.

Description

21st Century light industrial condo for investor who wants easy income. This property has all concrete exterior walls, impact resistant glass doors and windows, wind tested overhead doors and new roof systems all in place. Interior has offices and restrooms already built.Tenant has a 5-year lease with two 5-year options with first year return of over 5% and rent increases annually.PERFECT for investor since this is a sale-leaseback with a well-established pharma company. If you have a 1031 Buyer, please bring them here - easy income/ownership since Association takes care of everything outside and Tenant takes care of everything inside.Property is in a park-like setting and is fenced and gated. New roof, newly sealed and painted buildings, and reserves in place.

Unbranded Virtual Tour: https://www.propertypanorama.com/3677-23rd-Avenue-B107-Lake-Worth-Beach-FL-33461/unbranded

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.

All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.