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Tuxedo Business Park 2 Industrial Properties Offered at $9,000,000 in West Palm Beach, FL
INVESTMENT HIGHLIGHTS
- Gated & Secure
- Just off of I-95
- 10,000 square foot warehouse is fully leased
- Close proximity to PBI
- Includes the only public truck weighing scale in Palm Beach County (additional income)
- Visibility from the access ramp to PBI
EXECUTIVE SUMMARY
Welcome to 2900-2902 Tuxedo Ave. This well located industrial property sits just off the I-95 Belvedere Road interchange and is less than two miles away from Palm Beach International Airport. The site consists of 32,751 SF across two warehouse buildings situated on a 1.85-acre IOS-zoned parcel, permitting outdoor storage and heavy truck activity.
This deal includes a fully leased 10,000 SF metal frame warehouse and a vacant 22,751 SF warehouse. The roof on the 22,751 SF building is approximately 10 years old, offering meaningful remaining useful life.
The property features the only public truck weighing scale in Palm Beach County, currently generating approximately $30,000 annually without advertising. With active marketing and signage, the scale presents clear potential for significantly increased revenue.
This deal includes a fully leased 10,000 SF metal frame warehouse and a vacant 22,751 SF warehouse. The roof on the 22,751 SF building is approximately 10 years old, offering meaningful remaining useful life.
The property features the only public truck weighing scale in Palm Beach County, currently generating approximately $30,000 annually without advertising. With active marketing and signage, the scale presents clear potential for significantly increased revenue.
PROPERTY FACTS
| Price | $9,000,000 | Number of Properties | 2 |
| Price / SF | $274.80 / SF | Individually For Sale | 0 |
| Cap Rate | 8% | Total Building Size | 32,751 SF |
| Sale Type | Investment or Owner User | Total Land Area | 1.99 AC |
| Status | Active |
| Price | $9,000,000 |
| Price / SF | $274.80 / SF |
| Cap Rate | 8% |
| Sale Type | Investment or Owner User |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 32,751 SF |
| Total Land Area | 1.99 AC |
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
|---|---|---|---|---|
| 2902 Tuxedo Ave, West Palm Beach, FL 33405 | Industrial | 22,751 SF | 1958 | - |
| 2900 Tuxedo Ave, West Palm Beach, FL 33405 | Industrial | 10,000 SF | 1982 | - |
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Tuxedo Business Park
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