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2050 45th St
West Palm Beach, FL 33407
Walgreens | Rare Prime S.FL Covered Land Play · Commerce de détail Propriété À vendre
Certaines informations ont été traduites automatiquement.
Faits saillants de l'investissement
- Tremendous South Florida real estate with massive long term upside redevelopment potential
- Minimal landlord obligations providing for hands off ownership while tenant is in place
- Hard-corner signalized intersection – less than 1,000’ from the I-95 on-ramp | I-95 at this location carries over 192,000+ cars daily
- Long standing lease with Walgreens — 27 Year Operating History | Significantly below market rent
- High-traffic corridor w/ regional connectivity, directly on 45th St. near I-95, Congress Ave & Palm Beach Lakes Blvd, capturing commuter traffic
- Zoned CPD allowing grocery, medical, retail, service, and multi-tenant commercial
Résumé de l'annonce
CBRE is pleased to present the exclusive listing for the Walgreens located at 2050 45th Street in West Palm Beach, Florida. This offering represents an extremely rare opportunity in the single tenant net lease sector. The lease is secured by Walgreens who has been operating at this location for over 27+ years.
The underlying real estate is the key here though – the oversized parcel at one of the markets busiest intersections and below market rent – this opportunity allows for future redevelopment and INCREASE VALUE SIGNIFICANTLY. The property is strategically located less than 1,000 feet from the Interstate 95 on-ramp, with exposure to over 192,000± vehicles-per-day. Additionally, the property benefits from Commercial Planned Development (CPD) zoning, unlocking maximum flexibility for a wide range of future uses, including grocery, medical, retail, service, and multi-tenant commercial development.
This opportunity is ideal for a savvy real estate investor who not only desires a hands-off investment but also understands the tremendous future upside potential.
The underlying real estate is the key here though – the oversized parcel at one of the markets busiest intersections and below market rent – this opportunity allows for future redevelopment and INCREASE VALUE SIGNIFICANTLY. The property is strategically located less than 1,000 feet from the Interstate 95 on-ramp, with exposure to over 192,000± vehicles-per-day. Additionally, the property benefits from Commercial Planned Development (CPD) zoning, unlocking maximum flexibility for a wide range of future uses, including grocery, medical, retail, service, and multi-tenant commercial development.
This opportunity is ideal for a savvy real estate investor who not only desires a hands-off investment but also understands the tremendous future upside potential.
Faits sur la propriété
Type de vente
Investissement pour loyer hypernet
Type de propriété
Commerce de détail
Sous-type de propriété
Taille du bâtiment
13 200 pi²
Classe d’immeuble
C
Année de construction
1998
Revenu net d’exploitation
403 809 $ CAD
Location
Unique
Hauteur du bâtiment
1 étage
Coefficient d’occupation des sols de l’immeuble
0,16
Taille du lot
1,84 AC
Zone de développement économique
Oui
Zonage
CPD - Commercial - Flexible zoning allows for a wide range of future uses, including grocery, medical, retail, service, and multi-tenant commercial
Stationnement
75 places (4,98 places par 1 000 pi² loué)
Façade
187’ sur 45th St
Commodités
- Enseigne sur pylône
- Affichage
- Service au volant
Impôts fonciers
| Numéro de lot | 74-43-43-06-14-000-0021 | Évaluation des bâtiments | 0 $ CAD |
| Évaluation du terrain | 0 $ CAD | Évaluation totale | 4 841 364 $ CAD |
Impôts fonciers
Numéro de lot
74-43-43-06-14-000-0021
Évaluation du terrain
0 $ CAD
Évaluation des bâtiments
0 $ CAD
Évaluation totale
4 841 364 $ CAD
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