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Goodyear Multi-Tenant - Jupiter FL 2 Industrial Properties Offered at $7,402,512 CAD in Jupiter, FL
Investment Highlights
- Two Building Multi-Tenant Asset | Options to Extend | Scheduled Rental Increases | Flexible Zoning | Below Market Rents
- Pennock Industrial Park | Convenient Access to Interstate 95 | Excellent Frontage Visibility | High Traffic Counts
- Strong Demographics In Local Trade Area | Six Figure Income
- NNN and Gross Leases | Limited Landlord Responsibilities | No State Income Tax | Fee Simple Ownership
- Close to Publix-Anchored Shopping Center | Natl. Credit Tenants Jupiter Community High School (3,000+ Students)
Executive Summary
• Building 1 is occupied by two tenants, Goodyear and Shiny Prints, with Goodyear’s lease running through August 2028 and Shiny Prints’ lease running through January 2028
• Goodyear also features three five-year extension options with 5% rental increases at the beginning of each option
• Building 2 is occupied by TRENDYGOLF USA, a leading golf apparel and footwear retailer with more than 20 years of operating history and a global presence across the United States and United Kingdom, featuring 3% annual rental increases and one one-year extension option.
• Flexible I-2 zoning supports existing operations and a wide range of industrial uses, including warehouse, storage and research, enhancing the asset’s long-term functionality
• Existing leases are below current market rents, creating a value-add opportunity through mark-to-market rent adjustments as any leases expire
• Goodyear also features three five-year extension options with 5% rental increases at the beginning of each option
• Building 2 is occupied by TRENDYGOLF USA, a leading golf apparel and footwear retailer with more than 20 years of operating history and a global presence across the United States and United Kingdom, featuring 3% annual rental increases and one one-year extension option.
• Flexible I-2 zoning supports existing operations and a wide range of industrial uses, including warehouse, storage and research, enhancing the asset’s long-term functionality
• Existing leases are below current market rents, creating a value-add opportunity through mark-to-market rent adjustments as any leases expire
Property Facts
| Price | $7,402,512 CAD | Number of Properties | 2 |
| Price / SF | $370.13 CAD / SF | Individually For Sale | 0 |
| Cap Rate | 5% | Total Building Size | 20,000 SF |
| Sale Type | Investment | Total Land Area | 2.92 AC |
| Status | Active |
| Price | $7,402,512 CAD |
| Price / SF | $370.13 CAD / SF |
| Cap Rate | 5% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 20,000 SF |
| Total Land Area | 2.92 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
|
Goodyear Bldg
1350 W Indiantown Rd, Jupiter, FL 33458 |
Industrial | 10,530 SF | 1973 | - |
| 1330 W Indiantown Rd, Jupiter, FL 33458 | Industrial | 9,470 SF | 1973 | - |
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Goodyear Multi-Tenant - Jupiter FL
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