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1501 W Blue Heron Blvd 2,046 sq ft 100% Let Retail Property Riviera Beach, FL 33404 £1,443,683 (£705.61/sq ft) 6.20% Net Initial Yield
EXECUTIVE SUMMARY
Investment Opportunity, businesses are not for sale.
Excellent Opportunity to invest in this outparcel gas station and retail income property. Blue Heron host over 34,000 cars a day. Surrounded warehouse distract, neighborhoods and schools. Site is conveniently located just one mile east of I-95 and under 2 miles from the Port of Palm Beach. Surround national tenants include Kentucky Fried Chicken, Dunkin Donuts, Taco Bell, O'Reilly Auto parts.
Landlord is responsible for roof and structure, balance of expenses are tenant responsibilities. Long term tenants in place and long history as this location for both gas and T-Mobil. NN Investment.
Excellent Opportunity to invest in this outparcel gas station and retail income property. Blue Heron host over 34,000 cars a day. Surrounded warehouse distract, neighborhoods and schools. Site is conveniently located just one mile east of I-95 and under 2 miles from the Port of Palm Beach. Surround national tenants include Kentucky Fried Chicken, Dunkin Donuts, Taco Bell, O'Reilly Auto parts.
Landlord is responsible for roof and structure, balance of expenses are tenant responsibilities. Long term tenants in place and long history as this location for both gas and T-Mobil. NN Investment.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Property Size
2,046 sq ft
Costar Property Class
C
Year Built
1967
Price
£1,443,683
Price per sq ft
£705.61
Yield
6.20%
NOI
£89,508
Occupancy Rate
100%
Tenancy
Multiple
Number of Floors
1
Plot ratio
0.07
Total Plot Size
0.71 ac
Opportunity Zone
Yes
Use Class
CN
Parking
12 Spaces (8.86 Spaces per 1,000 sq ft Leased)
Frontage
PROPERTY TAXES
| Parcel Number | 56-43-42-29-04-006-0011 | Improvements Assessment | £0 |
| Land Assessment | £0 | Total Assessment | £499,238 |
PROPERTY TAXES
Parcel Number
56-43-42-29-04-006-0011
Land Assessment
£0
Improvements Assessment
£0
Total Assessment
£499,238
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Presented by
Strategic Realty Services, LLC
1501 W Blue Heron Blvd
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