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1145 Old Dixie Hwy
West Palm Beach, FL 33403
Gerber Collision & Glass · Retail Property For Sale
Investment Highlights
- New Fifteen-Year Absolute Triple Net Lease
- Over 50 Years of Operating History as a Body Shop • Fully Renovated in 2023 to Tenant’s Specifications
- 10% Rental Increases Every Five Years | Avg 6.35% Cap Rate
- Less than ½ Mile from Northlake Blvd’s “Dealership Row” • Over 53,500 Vehicles/Day with Easy Access to I-95
- The Town of Lake Park is Nestled Between Palm Beach Gardens and West Palm Beach. It has an Eclectic Arts District, A-Rated School, and a Popular Marin
- 2nd Largest Multi-shop Operator (MSO) in the Industry
Property Facts
Property Type
Retail
Property Subtype
Auto Repair
Building Size
11,362 SF
Building Class
C
Year Built
1972
Tenancy
Single
Building Height
1 Story
Building FAR
0.26
Lot Size
1.00 AC
Zoning
C4 - C-4 Business District
Parking
24 Spaces (2.11 Spaces per 1,000 SF Leased)
Frontage
162’ on Old Dixie Hwy
Amenities
- Property Manager on Site
- Pylon Sign
- Signage
Property Taxes
| Parcel Number | 36-43-42-20-00-000-3110 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $1,976,233 |
Property Taxes
Parcel Number
36-43-42-20-00-000-3110
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$1,976,233
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