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Buchanan Screen Bldg. 120 Southridge Rd 14,774 SF Industrial Building Delray Beach, FL 33444 $4,842,098 CAD ($327.74 CAD/SF) 6.40% Cap Rate



EXECUTIVE SUMMARY
Income producing Industrial property for sale in the heart of East Delray Beach, FL leased to CCU, LLC. CCU, LLC is a communications network services company. As of July 2025, CCU LLC was purchased by Circet Group (global revenue exceeding €4.2 billion and employs more than 17,000 people worldwide).
New NN Lease in place with 3-year term and 4% annual increases. Property is a freestanding Industrial building fully fenced and gated property with rare industrial zoning. 14,774 SF including 3,700 SF of office space. Zoned "I" - Industrial. Great Zoning building east of I-95 and just south of Downtown Delray Beach.
About CCU, LLC: CCU is a long-standing provider of communications network services. Over the last 40+ years, CCU has grown to be a leading telecommunications OSP provider offering the most sophisticated cable and communications solutions, with locations and personnel throughout the country.
About Circet Group: Circet Group is a global specialist in network infrastructure services. The European leader and a major global player, Circet is a trusted and close partner to the world’s leading telecom service providers. In 2024, Circet Group reported global revenue exceeding €4.2 billion and employs more than 17,000 people worldwide. In the United States, Circet has 33 sites and over 1380 employees.
New NN Lease in place with 3-year term and 4% annual increases. Property is a freestanding Industrial building fully fenced and gated property with rare industrial zoning. 14,774 SF including 3,700 SF of office space. Zoned "I" - Industrial. Great Zoning building east of I-95 and just south of Downtown Delray Beach.
About CCU, LLC: CCU is a long-standing provider of communications network services. Over the last 40+ years, CCU has grown to be a leading telecommunications OSP provider offering the most sophisticated cable and communications solutions, with locations and personnel throughout the country.
About Circet Group: Circet Group is a global specialist in network infrastructure services. The European leader and a major global player, Circet is a trusted and close partner to the world’s leading telecom service providers. In 2024, Circet Group reported global revenue exceeding €4.2 billion and employs more than 17,000 people worldwide. In the United States, Circet has 33 sites and over 1380 employees.
PROPERTY FACTS
| Price | $4,842,098 CAD | Rentable Building Area | 14,774 SF |
| Price Per SF | $327.74 CAD | No. Stories | 1 |
| Sale Type | Investment | Year Built | 1980 |
| Cap Rate | 6.40% | Tenancy | Single |
| Property Type | Industrial | Parking Ratio | 0.81/1,000 SF |
| Property Subtype | Warehouse | Clear Ceiling Height | 24’ |
| Building Class | B | No. Drive In / Grade-Level Doors | 3 |
| Lot Size | 0.68 AC | Opportunity Zone |
Yes
|
| Zoning | I | ||
| Price | $4,842,098 CAD |
| Price Per SF | $327.74 CAD |
| Sale Type | Investment |
| Cap Rate | 6.40% |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | B |
| Lot Size | 0.68 AC |
| Rentable Building Area | 14,774 SF |
| No. Stories | 1 |
| Year Built | 1980 |
| Tenancy | Single |
| Parking Ratio | 0.81/1,000 SF |
| Clear Ceiling Height | 24’ |
| No. Drive In / Grade-Level Doors | 3 |
| Opportunity Zone |
Yes |
| Zoning | I |
AMENITIES
- Fenced Lot
- Security System
- Yard
UTILITIES
- Lighting
- Water - City
- Sewer - City
1 1
Walk Score®
Very Walkable (70)
PROPERTY TAXES
| Parcel Number | 12-43-46-20-13-004-0051 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $2,462,226 CAD |
PROPERTY TAXES
Parcel Number
12-43-46-20-13-004-0051
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$2,462,226 CAD
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Buchanan Screen Bldg. | 120 Southridge Rd
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