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21215047
21214518

8961 Hypoluxo Rd, Lake Worth, FL 33467

Exit Realty Premier Elite, inc
Listed by Exit Realty Premier Elite, inc
$3,500,000
1157 days on market
Updated 37 days ago

8961 Hypoluxo Rd

Details
APN 00-42-45-08-10-002-0030
Property Type Mixed Use, Office (+2)
Sub Type Storefront
Square Footage 5,349
Net Rentable (SqFt) 5,349
Units 4
Cap Rate 6.20%
Occupancy 100%
Tenancy Multi
Lease Type NNN
Remaining Term 3
Pro-Forma Cap Rate 6.06%
Pro-Forma NOI $212,000
Price per SqFt $654
Broker Co-Op Yes
Class A
Acreage 1.120
Zoning MUPD - Multiple Use Planned Dev' ( 00-UNINCORPORATED )
Parking Spaces 20 spaces
Parking Per SqFt 3.74
Investment Type Value Add
Ownership Fee Simple

Corner of Hypoluxo Rd and Lyons | Retail | 5,349 SF

Marketing description

This free-standing out-parcel building is located on Hypoluxo Rd and Lyons in the same Shopping Center with Publix and other well-known businesses. The building consists of four leasable units, making it a perfect investment opportunity for those looking to generate rental income.

The exterior of the building is well-maintained, with a professional and attractive appearance that will appeal to prospective tenants. The units are spacious and well-designed. The building also features ample parking for tenants and visitors alike.

The location of the building is another advantage, as it is situated in a highly desirable area of Lake Worth, with easy access to major highways, shopping centers, restaurants, and other amenities. Whether tenants are looking for a quiet residential area or a bustling commercial district, they will find it within easy reach of this building.

Overall, this free-standing building with four leaseable units is an excellent investment opportunity for those looking to generate rental income in Lake Worth, Florida. Its prime location which makes it a highly desirable.

The area has massive growth. Come see!

Investment highlights

  • Value Add

  • Located in a busy shopping center

  • Zoning (MUPD - Multiple Use Planned Dev)

  • Plenty of Parking

  • Growing Area

Listing Contacts

Exit Realty Premier Elite, inc
Listed by Exit Realty Premier Elite, inc

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