Riviera Beach Strip - Riviera Beach FL
13,439 SF | 100% Leased | Retail Building | West Palm Beach, FL 33404 | $3,150,000 ($234/SF) | 7.21% Cap Rate
- Date Added:
- September 16, 2024
- Days on Market:
- 2 days
Asking Price $3,150,000
- Property Type
-
Retail
- Square Feet
- 13,439 SF
- Price / Square Foot
- $234
Listing Contacts
Jarrett Slear
Verified Profile
Connor Barton
Verified Profile
Patrick Nutt
Verified Profile
- Property Info
Property Overview
• Opportunity to acquire the Riviera Beach Strip, a multi-tenant storefront in Riviera Beach, FL
• At 42% occupancy, a future investor will be able to capitalize on a value-add approach through the lease up of vacancies or re-development
• At 42% occupancy, a future investor will be able to capitalize on a value-add approach through the lease up of vacancies or re-development
Property Details
- Class
- C
- Year Built
- 1962
- Stories
- 1
- Property Subtype
- Storefront Retail/Office
- Lot Size (sq. ft)
- 30,492 SF
Highlights
- Multi-Tenant Strip | Value-Add / Redevelopment Opportunity | 74% Occupied
- Signalized, Hard Corner Intersection | Interstate 95 (210,000 VPD) | Located Directly Across the Street from Safe Harbor Rybovich
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