Property profile

400 Cypress Dr Tequesta, FL 33469

OFF-MARKET
Office Spaces
18,100 SF 1 ac lot Built 2006
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Property summary

AI-generated overview

This exceptional commercial property, encompassing Units 6 & 7 within the desirable 400 Tequesta Commerce Building, presents a unique investment opportunity. First offered since 2006, this completely built-out office space totals 18,100 square feet situated on a one-acre lot. The interior boasts a thoughtfully designed layout, currently configured with five dedicated office spaces and a reception area. A convenient kitchen is equipped with a refrigerator, dishwasher, and microwave. Two bathrooms are also included for employee and client use. Unit 6 features a significant advantage with a 9-foot high rear garage door, facilitating efficient loading and unloading of goods. This property is being offered with attractive owner financing terms: a 20% down payment, a 5.5% interest rate over a five-year term, amortized over 20 years. A balloon payment is due at the end of the 60-month payment period. This presents a compelling opportunity to acquire a substantial and well-appointed office space in a highly sought-after Tequesta location. The property's size and features make it suitable for a variety of businesses seeking a turnkey solution. The owner financing option further enhances its appeal to qualified buyers.

Property profile

Verified
Property type Office Spaces
Year built 2006
Total area 18,100 SF
Lot 1 ac (43,560 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Insurance Agency
  • Medical Supply Store Medical Equipment Supplier
  • Insurance Agency
  • Law Firm
  • Dog Walker

Location

400 Cypress Dr Tequesta, FL 33469
Tequesta metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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