105 S State Road 7 | Royal Palm Beach, FL 33414
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- LoopNet Team
105 S State Road 7
Royal Palm Beach, FL 33414
Retail Property For Sale
INVESTMENT HIGHLIGHTS
- 100% Leased Multi-Tenant Asset – Anchored by national and regional tenants on NNN leases, providing long-term stability.
- Premier Location with Exceptional Visibility – Situated along US-441 (State Road 7), benefiting from over 120,000 vehicles per day.
- Institutional-Quality Construction – Built in 2002, featuring ±1.8 acres of land and a robust 8.1/1,000 SF parking ratio.
- Durable Cash Flow with Upside – Generates $262,249 in current NOI, with potential to increase income by repositioning existing leases to market rents.
- Affluent and Dense Trade Area – Over 68,000 residents and an average household income of $109,000 within a 3-mile radius.
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
10,100 SF
Building Class
B
Year Built
2002
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.13
Lot Size
1.77 AC
Zoning
CG - Commercial
Parking
82 Spaces (8.12 Spaces per 1,000 SF Leased)
Frontage
286’ on State Route 7
AMENITIES
- Air Conditioning
PROPERTY TAXES
| Parcel Number | 72-41-43-36-01-002-0000 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $3,968,913 |
PROPERTY TAXES
Parcel Number
72-41-43-36-01-002-0000
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$3,968,913
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