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246 NE 6th Ave - Store Front Retail /Office Space For Sale 2,939 SF Office/Retail Condo Unit Offered at $2,500,000 in Delray Beach, FL 33483
INVESTMENT HIGHLIGHTS
- Income Producing Property Fully Leased, Great Monthly Cash Flow
EXECUTIVE SUMMARY
3,000 SF Commercial retail ground floor with long term single tenant for sale $2.5M Tenant has a ten year lease with renewal options. Great cap rate new construction, mixed use 2025. Upper floors are privately owned Luxury Condominiums. Ample parking for this site. Contact Agent. 214 336 0379 pamela.martin@elliman.com
PROPERTY FACTS
| Total Building Size | 2,939 SF | Floors | 1 |
| Property Type | Multifamily (Condo) | Typical Floor Size | 2,939 SF |
| Property Subtype | Apartment | Year Built | 2025 |
| Building Class | B | Lot Size | 0.19 AC |
| Zoning | CBD - Central Business Di - CBD - Central Business District | ||
| Total Building Size | 2,939 SF |
| Property Type | Multifamily (Condo) |
| Property Subtype | Apartment |
| Building Class | B |
| Floors | 1 |
| Typical Floor Size | 2,939 SF |
| Year Built | 2025 |
| Lot Size | 0.19 AC |
| Zoning | CBD - Central Business Di - CBD - Central Business District |
AMENITIES
SITE AMENITIES
- Controlled Access
- Security System
- Public Transportation
1 UNIT AVAILABLE
Unit 1
| Unit Size | 2,939 SF | Cap Rate | 6.92% |
| Price | $2,500,000 | NOI | $173,000 |
| Price Per SF | $850.63 | No. Parking Spaces | 8 |
| Condo Use | Office/Retail | Sale Conditions | 1031 Exchange |
| Sale Type | Investment |
| Unit Size | 2,939 SF |
| Price | $2,500,000 |
| Price Per SF | $850.63 |
| Condo Use | Office/Retail |
| Sale Type | Investment |
| Cap Rate | 6.92% |
| NOI | $173,000 |
| No. Parking Spaces | 8 |
| Sale Conditions | 1031 Exchange |
DESCRIPTION
This luxury mixed-use boutique development offers a fully Fully leased ground-floor single-tenant retail space comprising 2,939 SF with a secured 10-year lease in place. Investment opportunity to own ground floor retail in this prestigious new construction location.
Located in the heart of East Delray Beach, this exceptional new development stands as the epitome of sophistication in the community.
SALE NOTES
Fully leased ground floor retail space in this mixed use property available for sale. Great cap rate solid tenant. Perfect 1031. The upper three floors are privately owned luxury condominiums that owner of ground floor has no connection to other than address.
Contact Agent.
214 336-0379
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246 NE 6th Ave - Store Front Retail /Office Space For Sale
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