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860 US Highway 1
North Palm Beach, FL 33408
Gentry Bldg · Office Property For Sale

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INVESTMENT HIGHLIGHTS

  • Great Opportunity

EXECUTIVE SUMMARY

This office property represents a rare opportunity in one of the most coveted commercial districts, offering both immediate appeal and long-term growth potential. Nestled in the heart of a bustling business hub, the property benefits from an outstanding location that provides easy access to transportation, a wide range of amenities, and a dynamic, high-traffic environment. The area is renowned for its concentration of Fortune 500 companies, leading financial institutions, and a thriving tech sector, ensuring continuous demand for premium office space.
Key Features:
Strategic Location: Situated in a high-traffic, highly visible area with direct access to major transportation arteries, including highways, metro stations, and bus routes. The location ensures maximum convenience for employees and clients.
Modern and Flexible Space: The building boasts contemporary design, with flexible floor plans that can be customized to suit a wide range of business needs. The space offers high ceilings, ample natural light, and cutting-edge facilities.
Strong Tenant Profile: Given the area's prestige and proximity to other leading companies, the property is positioned to attract and retain top-tier tenants. The location’s reputation for quality ensures high demand for office space in this building.
Robust Investment Opportunity: With limited office supply in this prime location and growing demand, the property promises strong long-term capital appreciation, coupled with steady rental income. Local market trends indicate continued upward pressure on rental rates.
This office property presents an exceptional opportunity for investors looking for a prime, high-demand location with strong future growth prospects. For investors and users this property offers both immediate returns and substantial future value.

PROPERTY FACTS

Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
27,630 SF
Building Class
B
Year Built
1995
Price
$12,400,200 CAD
Price Per SF
$448.79 CAD
Percent Leased
91%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
13,815 SF
Building FAR
0.36
Lot Size
1.75 AC
Zoning
C-MU
Parking
125 Spaces (4.52 Spaces per 1,000 SF Leased)

AMENITIES

  • 24 Hour Access
  • Conferencing Facility
  • Property Manager on Site
  • Signage
  • Wheelchair Accessible
  • Natural Light
  • Open-Plan
  • Air Conditioning

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
68-43-42-09-01-070-0100
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$4,502,475 CAD
  • Listing ID: 34061313

  • Date on Market: 2024-11-18

  • Last Updated:

  • Address: 860 US Highway 1, North Palm Beach, FL 33408

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