12010 Us Hwy North Palm Beach, FL 33408
Property Features for 12010 Us Hwy
General Information
- Property type
- Retail properties
- Square Feet
- 5,991 SF
Building Details
- Year Built
- 2002
- Units
- 1
Listing Agent: Paul Snitkin
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
This exceptional retail property, located at 12010 US Highway #1 in North Palm Beach, Florida, presents a rare investment opportunity. Priced at $4,300,000 with a 7.00% cap rate, this single-tenant building boasts 5,991 square feet of space and is currently 100% occupied under a NNN lease with one year remaining. Built in 2002, the building features high ceilings on both the first and second floors, an elevator, and ample parking. A significant advantage is its location in the heart of North Palm Beach, offering unparalleled access to Palm Beach County's most prestigious communities, including Lost Tree, Seminole Landing, and several renowned golf clubs. The property's .41-acre lot backs onto a navigable waterway, enhancing its appeal and providing a unique waterfront aspect. A balcony overlooks the canal leading to Little Lake Worth. The building's design is highly functional and adaptable to various uses, making it an attractive investment for discerning buyers. This is a first-time-to-market offering of a well-maintained, luxury commercial building in a highly desirable location. The zip code is 33408.
Property Profile
Location Intelligence
Current Use by Public Records
Commercial real estate
Map
- City
- North Palm Beach
- County
- Palm Beach
- State
- Florida
- Longitude
- -80.0578144
- Latitude
- 26.852684
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FAQs
What type of property is this?
Retail property - Luxury Retail Building, Prime Location
Where is this retail property located?
The property is located at 12010 Us Hwy North Palm Beach, FL.
What is the asking price?
The asking price for this property is $4,300,000.
What are key features of this property?
This property features: $4,300,000 asking price.; 5,991 square foot retail building.; NNN lease, single tenant, 100% occupancy, one year remaining lease term.