Your email has been sent.
161 Commerce Rd 18,653 SF 100% Leased Industrial Building Boynton Beach, FL 33426 $5,200,000 ($278.78/SF) 5.34% Cap Rate
Investment Highlights
- 22 feet ceilings, new roof, maintained concrete driveway, new doors, partially gated
Executive Summary
Property Facts
| Price | $5,200,000 | Lot Size | 1.09 AC |
| Price Per SF | $278.78 | Rentable Building Area | 18,653 SF |
| Sale Type | Investment | No. Stories | 1 |
| Cap Rate | 5.34% | 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 | $5,200,000 |
| Price Per SF | $278.78 |
| Sale Type | Investment |
| Cap Rate | 5.34% |
| 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
- Dieltech
- Manufacturing
- -
-
$9.99
- -
-
Jan 0000
- Isringhausen
- Transportation and Warehousing
- -
-
$9.99
-
Lorem Ipsum
-
Jan 0000
-
- Wholesaler
- -
-
$9.99
-
Lorem Ipsum
-
Jan 0000
Founded in 1984 in Lüneburg, Germany, LAP designs and manufactures laser-based systems for precision alignment and quality assurance. The company serves healthcare sectors with patient positioning and quality assurance solutions for radiation therapy, and industrial markets with laser projection and non-contact measurement systems for steel and composite processing. Over the decades, LAP has expanded globally, operating locations in Europe, North America, and Asia. It has introduced notable innovations such as the LUNA 3D Surface Guided Radiation Therapy system and AI-powered quality assurance tools for industrial applications. LAP is privately held and backed by private equity, following its acquisition by IK Partners in 2019.
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| Dieltech | Manufacturing | - | $9.99 | - | Jan 0000 | |
| Isringhausen | Transportation and Warehousing | - | $9.99 | Lorem Ipsum | Jan 0000 | |
|
|
Wholesaler | - | $9.99 | Lorem Ipsum | Jan 0000 |
Property Taxes
| Parcel Number | 08-43-45-09-21-002-0040 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $2,770,913 |
Property Taxes
Presented by
David Lee Realty
161 Commerce Rd
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.