1220-1240 Tangelo Ter Delray Beach, FL 33444
This Delray Beach industrial property, located at 1220-1240 Tangelo Terrace, offers 66,120 square feet of warehouse and distribution space within a multi-tenant complex. Built in 1980, the single-story building features 20-foot ceilings and is situated on a 3.81-acre lot in Palm Beach County (APN: 12-43-46-20-01-022-0010). The property boasts excellent visibility from I-95 and convenient access to Linton Boulevard and the Florida Turnpike. Units range from 1,375 to 5,500 square feet, ideal for various businesses. Each unit includes 14-foot-high grade-level overhead doors, with LED lighting and air-conditioned offices available in most units. The property features a 2-space-per-1,000-square-foot parking ratio and a fenced yard. The L-1 zoning allows for general industrial use, making it suitable for e-commerce, art studios, or companies needing storage and minimal office space. The building is constructed of pre-cast concrete with twin-t concrete roofs. Power is 120/208 VAC, with 3-phase available. This property presents a compelling opportunity in a prime Delray Beach location. The minimum divisible space is 1,375 square feet.
Cap rate
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Property description
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