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2050 & 2100 N Federal Highway 2 Retail Properties Offered at $7,180,425 CAD in Delray Beach, FL
Executive Summary
Mixed use property comprised of a relatively new (2006 construction) retail and luxury apartment building and a freestanding retail/fitness building.
The property's land size is just under 1 acre in an area along US-1 where raw land trades for between $4,000,000 and $5,000,000 per acre.
Newer leases, ranging from 5-10 years in term allow for predictable and steady income with annual increases in Base Rent of 3% (or CPI).
The property's land size is just under 1 acre in an area along US-1 where raw land trades for between $4,000,000 and $5,000,000 per acre.
Newer leases, ranging from 5-10 years in term allow for predictable and steady income with annual increases in Base Rent of 3% (or CPI).
Property Facts
| Price | $7,180,425 CAD | Number of Properties | 2 |
| Price / SF | $1,056 CAD / SF | Individually For Sale | 0 |
| Cap Rate | 6.29% | Total Building Size | 6,800 SF |
| Sale Type | Investment | Total Land Area | 1.37 AC |
| Status | Active |
| Price | $7,180,425 CAD |
| Price / SF | $1,056 CAD / SF |
| Cap Rate | 6.29% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 6,800 SF |
| Total Land Area | 1.37 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 2100 N Federal Hwy, Delray Beach, FL 33483 | Retail | 3,800 SF | 1969 | - |
| 2100 N Federal Hwy, Delray Beach, FL 33483 | Retail | 3,000 SF | 1969 | - |
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2050 & 2100 N Federal Highway
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