7721 N Military Trail
West Palm Beach, Florida

MLS#: RX-11059565

$7,950,000 USD

  • Total rooms
    10
  • Minimum sellable space
    3,066m²  (33,000ft²)
The details

Property features

Construction details

  • Year built: 2004
  • Roofing: concrete tile

Other features

  • Cooling system: Central
  • Heating system: Central

Area

  • Property size: 3,066m²  (33,000ft²)
  • Land/Lot size: 13,840m²  (3.42ac)
  • Bathrooms: 10
  • Total rooms: 10

Description

Bring your 1031 buyers!! This unique retail/office park is currently 100% occupied with a diverse tenant mix paying BELOW MARKET RENTS, making it an attractive acquisition for local operators or those needing an up-leg from a sale. We recently finalized a renewal and expansion LOI at $20/ft NNN, highlighting a 30%+ mark-to-market upside on rollovers.

Location

West Palm Beach, Florida
Courtesy of Angelo Beacon-Paglia KW Reserve