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112-116 N Dixie Hwy 6,000 SF 100% Leased Office Building West Palm Beach, FL 33401 $6,924,550 CAD ($1,154.09 CAD/SF)
INVESTMENT HIGHLIGHTS
- 6,000+ SF Free Standing Single Story Commercial Building
- Within the core downtown West Palm Beach market area
- 100% Leased
EXECUTIVE SUMMARY
100% Leased. 6,000+ SF Free Standing Single Story Commercial Building with city approvals to go up 10 to 14 stories - approx. 3,000 SF has been built out as a first-class Medical/Urgent Care facility, fully equipped in brand new condition and has been leased with a 5-year term.
The balance of the building is Leased to a Fitness Gym that has approx. 2 years remaining on their Lease at way below market rents.
Located in SE Quadrant of Banyan Blvd and N Dixie Highway directly across the street and East of West Palm Beach City Hall and Library. One block North of Clematis Street. Within the core downtown West Palm Beach market area.
Terrific Opportunity to own a future development site for potentially up to 10-14 stories which you have Net income in place.
112-116 N Dixie Highway
West Palm Beach, Florida 33401
The balance of the building is Leased to a Fitness Gym that has approx. 2 years remaining on their Lease at way below market rents.
Located in SE Quadrant of Banyan Blvd and N Dixie Highway directly across the street and East of West Palm Beach City Hall and Library. One block North of Clematis Street. Within the core downtown West Palm Beach market area.
Terrific Opportunity to own a future development site for potentially up to 10-14 stories which you have Net income in place.
112-116 N Dixie Highway
West Palm Beach, Florida 33401
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
6,000 SF
Building Class
C
Year Built/Renovated
1946/2024
Price
$6,924,550 CAD
Price Per SF
$1,154.09 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
6,000 SF
Building FAR
0.86
Lot Size
0.16 AC
Zoning
CC1 - CWD-10 - CLEMATIS WATERFRONT
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
- Men's Only LLC
- Health Care and Social Assistance
- 3,000 SF
- -
- Triple Net
- -
- West Palm Beach Fit Body Boot Camp
- Services
- 3,000 SF
- -
- -
- -
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
| Men's Only LLC | Health Care and Social Assistance | 3,000 SF | - | Triple Net | - | |
| West Palm Beach Fit Body Boot Camp | Services | 3,000 SF | - | - | - |
1 1
Walk Score®
Walker's Paradise (99)
Bike Score®
Biker's Paradise (90)
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $0 CAD | |
| Land Assessment | $0 CAD | Total Assessment | $4,952,761 CAD |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$4,952,761 CAD
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112-116 N Dixie Hwy
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