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3395-3405 NW Federal Hwy 14,265 SF 100% Leased Retail Building Jensen Beach, FL 34957 $5,025,312 CAD ($352.28 CAD/SF)
EXECUTIVE SUMMARY
This property is located in one of the best commercial corridors of the region surrounded by strong demographics. Traffic counts at this property are the absolute highest in the trade zone.
The building is solid CBS block construction with a metal roof so it will stand the test of time. However, the property is so well located and the land so desirable that the asking price is close to land value alone. The building is well maintained and functional making it a great long-term hold while the underlying land continues to out-perform in appreciation.
The property is fully leased but also could be a partial owner-user or full owner-user property as all leases are either month-to-month or short in remaining duration. All tenants would be happy to sign longer term leases if offered to them.
Don’t miss the opportunity to purchase this well located income producing asset, or new home for your thriving business. The opportunity to purchase a well maintained building close to land value makes this a property one that should be at the top of your list.
The building is solid CBS block construction with a metal roof so it will stand the test of time. However, the property is so well located and the land so desirable that the asking price is close to land value alone. The building is well maintained and functional making it a great long-term hold while the underlying land continues to out-perform in appreciation.
The property is fully leased but also could be a partial owner-user or full owner-user property as all leases are either month-to-month or short in remaining duration. All tenants would be happy to sign longer term leases if offered to them.
Don’t miss the opportunity to purchase this well located income producing asset, or new home for your thriving business. The opportunity to purchase a well maintained building close to land value makes this a property one that should be at the top of your list.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
14,265 SF
Building Class
B
Year Built
1980
Price
$5,025,312 CAD
Price Per SF
$352.28 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.11
Lot Size
2.94 AC
Zoning
B-1 - Commercial
Parking
200 Spaces (14.02 Spaces per 1,000 SF Leased)
Frontage
288’ on NW Federal Hwy
AMENITIES
- Pylon Sign
- Signage
- Monument Signage
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 19-37-41-000-000-00050-5 | Improvements Assessment | $2,025,101 CAD |
| Land Assessment | $2,077,922 CAD | Total Assessment | $4,103,023 CAD |
PROPERTY TAXES
Parcel Number
19-37-41-000-000-00050-5
Land Assessment
$2,077,922 CAD
Improvements Assessment
$2,025,101 CAD
Total Assessment
$4,103,023 CAD
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3395-3405 NW Federal Hwy
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