308 S H St, Lake Worth Beach, FL 33460 For Sale

CBRE, Inc., as exclusive agent for the Owner, is pleased to over for sale Downtown Lake Worth Small Bays (the “Property”) in Lake Worth Beach, Florida. This recently renovated small-bay industrial building totals 6,000 rentable square feet on a 0.23-acre site and is currently 100% leased to three established tenants on long-term net leases featuring 4% annual rent escalators. The building consists of three 2,000-square-foot bays, each with 14-foot clear heights and drive-through capability via bay doors on both front and rear sides. Each suite is individually metered for electric, with separate restrooms for each tenant. The suites are occupied by service-oriented businesses engaged in light mechanical, minor mechanic, and granite company operations. The tenants’ long-term commitments and contractual rental growth provide stable, predictable, and increasing cash flow with minimal landlord responsibilities. Built in the 1970s and renovated in 2023, this CMU and Twin T structure building is ideally situated at 308 S H Street in the heart of Lake Worth Beach, east of Interstate-95, with excellent visibility and convenient access to major thoroughfares.