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8851 Glades Road

Boca Raton, FL 33434
  • $7,514,500
  • STATUS: Active
  • ON SITE: 1276 Days
  • MLS #: RX-10452202
$7,514,500
  • 0
    BEDS
  • 1
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,966
    SQFT
  • $1,895
    $/SQFT
Type:
Commercial
Built:
1989
County:
Area:

School Ratings & Info

Description

4% Cap with JP Morgan Chase, lease has 9 years remaining with 3% annual increases. NOI $300,580

Monthly Payment Calculator

www.ewm.com/homes/86150590
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8851 Glades Road Boca Raton, FL 33434

  • Price: $7,514,500
  • Status: Active
  • On Site: 1276 Days
  • MLS #: RX-10452202
0
Beds
0
Baths
0
½ Baths
1
Acres
3,966
SQFT
$1,895
$/SQFT
1989
Built
Neighborhood:
Palm Beach Farms Co Pl No 3
County:
Palm Beach
Area:
Boca Raton
Property Description
4% Cap with JP Morgan Chase, lease has 9 years remaining with 3% annual increases. NOI $300,580
Exterior Features

Bays 1 Construction Cbs Roof Built-UpSteel Joist Waterfront YN No

Interior Features

Bath Toilets 2.00 Ceiling Sheet RockSuspended Ceiling Height 14 Cooling Central Building Flooring CarpetMarble Heating Central Miscellaneous2 Traffic Heavy Percent Air Conditioned 100.00 Unit1 Half Baths 3 Unit1 Unit Desc Shops

Property Features

Auction No Available Docs Enviro. Audit-Ph1 Available Info None Built Desc Resale Contingents Inspection Fire Protection Smoke Alarm For Lease No For Sale Yes Lease 7-10 YearsLong TermNet RentRenewal List Office Board Code Realtor Association Of The Palm Beaches (Rapb) Location Anchor CenterInvestmentShopping Center Meters 1.00 Monetary Info Net Oper Income 276000.00 Possession At Closing Sale Includes Building And Land Security LobbySecurity PatrolTv Camera Tax Amount Real Estate Taxes 32921.00 Tax Year 2017 Tenant Pays Common Area Maint.InsuranceRepairsTaxes Tenants 1 Terms Considered CashExchange Type Of Building CommercialFree StandingIncomeRetail Unit1 Units 1 Use Retail Utilities 201+ AmpElectricPublic WaterSeparate Meter Zoning Cg

Listing provided courtesy of H. Alan Welles Real Est, Llc. Listing information © 2022 BeachesMLS
 
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