Multi-Tenant Warehouse with Six Grade
For Sale
Contact for pricing
15935 Assembly Loop, Jupiter, FL 33478
Multi-tenant warehouse with six grade-level doors and two spaces available on staggered dates.
Property Size13,054 SF
Price / SF$268.08
Days on Market54
Property Features for 15935 Assembly Loop
General Information
Standard status
Active
Size
13,054 SF
Property subtype
INDUSTRIAL
Additional Details
Drive-In Doors
6
Building Details
Building Size
13,054 SF
Tenancy
Multi
Listing Agency:
LRM Commercial Real Estate Advisors
(561) 400-7750
Listed By:
Anthony Mamann
(561) 403-4966
Source:
Moodyscre
Added: Jul 24
Changed: Sep 3
Last Checked: Sep 15 at 10:18AM
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 LRM Commercial Real Estate Advisors
Investment Insights
Based on property information with market context.
This multi-tenant industrial warehouse totals 13,054 SF and offers immediate leasing flexibility with approximately 6,300 SF available immediately. A second portion of approximately 4,280 SF is available starting June 30, 2026, supporting phased move-ins or additional operational space.
The building is located in Palm Beach Park of Commerce at 15935 Assembly Loop in Jupiter, FL 33478. The property includes six grade-level doors, providing straightforward access for light industrial and warehouse users.
With its multi-tenant structure and multiple availability dates, the property presents value-add or owner-user potential for the right buyer or operator.
The building is located in Palm Beach Park of Commerce at 15935 Assembly Loop in Jupiter, FL 33478. The property includes six grade-level doors, providing straightforward access for light industrial and warehouse users.
With its multi-tenant structure and multiple availability dates, the property presents value-add or owner-user potential for the right buyer or operator.
Key Highlights
- 13,054 SF multi‑tenant industrial warehouse in Palm Beach Park of Commerce
- Approximately 6,300 SF available immediately
- Approximately 4,280 SF available June 30, 2026
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$171,152
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.89%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$3,423,040
$3.4M
Cap Rate 7%
$2,445,029
$2.4M
Cap Rate 9%
$1,901,689
$1.9M
Market Conditions
NOI Build-Up for 13,056 SF
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.
Gross rent
$213.1K $16.32/SF
− Vacancy
−$11.7K −$0.90/SF
EGI
$201.4K $15.42/SF
− OpEx
−$30.2K −$2.31/SF
NOI
$171.2K $13.11/SF
Area
Palm Beach County, FL
Vacancy
5.50%
Lease Rate
$16.32 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$3,423,040
Cap Rate 7%
$2,445,029
Cap Rate 9%
$1,901,689
Alternative Uses
Best Use
Warehouse
$2.45M
$2.14M – $2.85M
NOI $171,152 @ 7.0% cap · market cap 4.89%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$9.19M
$8.05M – $10.73M
NOI $643,634 @ 7.0% cap · market cap 18.39%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
6
Drive-in doors
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
53
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 33478, FL
14,740
Population
5,771
Households
2.6
Avg Household Size
47
Median Age
47%
College-Educated
96%
High-School Grad
64.6 sq mi
ZIP Area
228
Density / Sq Mi
$142,109
Median Household Income
$57,688
Median Earnings
$2,701
Median Rent
$653,000
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in South region
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Similar Off Market Nearby
- Eminent Auto Group — 15074 Park of Commerce Blvd STE 20, Jupiter, FL 33478
Frequently Asked Questions
What type of property is this?
Warehouse - Multi-tenant warehouse with six grade-level doors and two spaces available on staggered dates.
Where is this warehouse located?
The property is located at 15935 Assembly Loop Jupiter, FL.
What is the asking price?
The asking price for this property is $3,499,999.
What are key features of this property?
This property features: 13,054 SF multi‑tenant industrial warehouse in Palm Beach Park of Commerce; Approximately 6,300 SF available immediately; Approximately 4,280 SF available June 30, 2026
