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161 Commerce Rd 18,653 SF 100% Leased Industrial Building Boynton Beach, FL 33426 $5,500,000 ($294.86/SF) 4.71% Cap Rate
INVESTMENT HIGHLIGHTS
- 22 feet ceilings, new roof, maintained concrete driveway, new doors, partially gated
EXECUTIVE SUMMARY
This is a phenomenal, beautifully maintained industrial property. Almost 19,000 square feet of prime industrial space, 1/2 mile from I-95 in a industrial/suburban area. New roof 2022 ( Flute Filled Mechanically Attached TPO Single Ply Roof System with a 20 year material manufacturer roof warranty) and updated and maintained concrete driveway 2025. Fully rented. Please contact Broker/ Owner for any information pertaining to leases. All prospective buyers will have to sign an NDA. This is a Broker/Owner property, so only Buyers or Buyer Agents call or email. More photos and information coming soon. The building is presently fully leased and is suited more as an income producing property, however 1 of the bays has a shorter term lease and may become available for an owner/use opportunity.
PROPERTY FACTS
| Price | $5,500,000 | Lot Size | 1.09 AC |
| Price Per SF | $294.86 | Rentable Building Area | 18,653 SF |
| Sale Type | Investment | No. Stories | 1 |
| Cap Rate | 4.71% | Year Built | 2000 |
| Property Type | Industrial | Parking Ratio | 1.5/1,000 SF |
| Property Subtype | Warehouse | Clear Ceiling Height | 22’ |
| Building Class | C | No. Drive In / Grade-Level Doors | 3 |
| Zoning | PID, Boynton Beach - Planned Commercial Development | ||
| Price | $5,500,000 |
| Price Per SF | $294.86 |
| Sale Type | Investment |
| Cap Rate | 4.71% |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 1.09 AC |
| Rentable Building Area | 18,653 SF |
| No. Stories | 1 |
| Year Built | 2000 |
| Parking Ratio | 1.5/1,000 SF |
| Clear Ceiling Height | 22’ |
| No. Drive In / Grade-Level Doors | 3 |
| Zoning | PID, Boynton Beach - Planned Commercial Development |
AMENITIES
- Bus Line
- Security System
- Air Conditioning
MAJOR TENANTS Click Here to Access
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
- Foreign Medical Company
- Health Care and Social Assistance
- -
- -
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Lorem Ipsum
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Jan 0000
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
| Foreign Medical Company | Health Care and Social Assistance | - | - | Lorem Ipsum | Jan 0000 |
1 1
PROPERTY TAXES
| Parcel Number | 08-43-45-09-21-002-0040 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $2,770,913 |
PROPERTY TAXES
Parcel Number
08-43-45-09-21-002-0040
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$2,770,913
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Presented by
David Lee Realty
161 Commerce Rd
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