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Buchanan Screen Bldg. 120 Southridge Rd 14,774 SF Industrial Building Delray Beach, FL 33444 $3,468,750 ($234.79/SF) 6.40% Cap Rate

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EXECUTIVE SUMMARY

Income producing Industrial property for sale in the heart of East Delray Beach, FL leased to CCU, LLC. CCU, LLC is a communications network services company. As of July 2025, CCU LLC was purchased by Circet Group (global revenue exceeding €4.2 billion and employs more than 17,000 people worldwide).
New NN Lease in place with 3-year term and 4% annual increases. Property is a freestanding Industrial building fully fenced and gated property with rare industrial zoning. 14,774 SF including 3,700 SF of office space. Zoned "I" - Industrial. Great Zoning building east of I-95 and just south of Downtown Delray Beach.
About CCU, LLC: CCU is a long-standing provider of communications network services. Over the last 40+ years, CCU has grown to be a leading telecommunications OSP provider offering the most sophisticated cable and communications solutions, with locations and personnel throughout the country.
About Circet Group: Circet Group is a global specialist in network infrastructure services. The European leader and a major global player, Circet is a trusted and close partner to the world’s leading telecom service providers. In 2024, Circet Group reported global revenue exceeding €4.2 billion and employs more than 17,000 people worldwide. In the United States, Circet has 33 sites and over 1380 employees.

PROPERTY FACTS

Price $3,468,750
Price Per SF $234.79
Sale Type Investment
Cap Rate 6.40%
Property Type Industrial
Property Subtype Warehouse
Building Class B
Lot Size 0.68 AC
Rentable Building Area 14,774 SF
No. Stories 1
Year Built 1980
Tenancy Single
Parking Ratio 0.81/1,000 SF
Clear Ceiling Height 24’
No. Drive In / Grade-Level Doors 3
Opportunity Zone Yes
Zoning I

AMENITIES

  • Fenced Lot
  • Security System
  • Yard

UTILITIES

  • Lighting
  • Water - City
  • Sewer - City
Walk Score®
Very Walkable (70)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
12-43-46-20-13-004-0051
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$1,746,136
  • Listing ID: 38403764

  • Date on Market: 6/24/2025

  • Last Updated:

  • Address: 120 Southridge Rd, Delray Beach, FL 33444

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