1535 Cypress Drive, Jupiter, FL 33469
Combined strip center, warehouse, and office plaza offering current gross income.
- Added:
- May 28, 2023
- Days on Market:
- 1114
- Last Refresh:
- Jun 14 at 2:01 am
Property Features for 1535 Cypress Drive
General Information
- Standard status
- Active
- Size
- 13,027 SF
- Property subtype
- General Commercial
Building Details
- Year Built
- 1978
Listing agent The Keyes Company (561) 789-7726
Listing office (561) 789-7726
Listing date May 28, 2023
Source Xome
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of The Keyes Company
HighLights
- Combined strip center, warehouse, and office plaza offering 13,027 sq. ft. total
- Current gross income of $259,561 per year
- Three addresses included: 1535 Cypress Drive, 1537 Cypress Drive, and 1559 Cypress Drive in Jupiter, FL 33469
- Year built: 1978
- No pool on the property
- Guest facilities: 3
Overview
The properties are located in Jupiter, Florida, at Cypress Drive. They are presented as an income-producing commercial package with stated gross income of $259,561 per year.
For buyers or investors seeking a multi-use commercial asset, this combination of strip center, warehouse space, and office plaza can offer operational flexibility by supporting different day-to-day tenant needs. The mixed-use layout may appeal to users looking for proximity to retail services while also maintaining dedicated warehouse and office functions under a single ownership structure. Current gross income is provided as part of the marketing materials for underwriting and review.
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $594.0k | $45.60 |
| − Vacancy | −$133.7k | −$10.26 |
| EGI | $460.4k | $35.34 |
| − OpEx | −$115.1k | −$8.84 |
| NOI | $345.3k | $26.51 |
Alternative Uses
Current Use by Public Records
Similar Places Nearby
- Corporate Caterers WPB — 150 n us-1 suit 24, tequesta, fl 33469
- Food Yacht Charters — 967 FL A1AAlt, Jupiter, FL 33477
- Pelican Club — 1065 N Hwy A1A, Jupiter, FL 33477
Location Insight
- Map
- Local Demand
- City
- Jupiter
- County
- Palm Beach
- State
- Florida
- Longitude
- -80.0882758
- Latitude
- 26.9534733
