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161 Commerce Rd 18,653 SF 75% Leased Industrial Building Boynton Beach, FL 33426 $5,100,000 ($273.41/SF) 3.79% 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. Newer 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. There are 3 bays and 2 are 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. The building is presently 2/3rds leased and there is a bay that could be suited for an owner/use opportunity. There is 4676 sqft available.
Property Facts
| Price | $5,100,000 | Lot Size | 1.09 AC |
| Price Per SF | $273.41 | Rentable Building Area | 18,653 SF |
| Sale Type | Investment | No. Stories | 1 |
| Cap Rate | 3.79% | 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 | $5,100,000 |
| Price Per SF | $273.41 |
| Sale Type | Investment |
| Cap Rate | 3.79% |
| 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 |
Space Availability
- Space
- Size
- Space Use
- Condition
- Available
- 1st Floor
- 4,676 SF
- Industrial
- Full Build-Out
- Now
| Space | Size | Space Use | Condition | Available |
| 1st Floor | 4,676 SF | Industrial | Full Build-Out | Now |
1st Floor
| Size |
| 4,676 SF |
| Space Use |
| Industrial |
| Condition |
| Full Build-Out |
| Available |
| Now |
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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