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2000 N Federal Hwy

22,075 SF Vacant Retail Building Delray Beach, FL 33483 £6,070,575 (£275/SF) 7.74% Net Initial Yield

Investment Highlights

  • Value Add Investment

Executive Summary

Incredible opportunity to own this income producing retail and office plaza with amazing upside on rental potential. This section of Federal Highway is undergoing an amazing transformation and million dollar homes are being built within a quarter mile of the site.

Attachments

2000 N Federal Hwy Survey
2000 North Federal Highway 05.30

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
22,075 SF
Building Class
C
Year Built/Renovated
1975/2018
Price
£6,070,575
Price Per SF
£275
Net Initial Yield
7.74%
NOI
£469,980
Percent Leased
Vacant
Tenancy
Multiple
Number of Floors
2
Loading Docks
2 Exterior
Building FAR
0.49
Lot Size
1.03 AC
Zoning
GC, LI - Zoned GC/LI Zoning, General Commercial / Light Industrial
Parking
50 Spaces (2.27 Spaces per 1,000 SF Leased)
Frontage
200 ft on Federal Highway(US-1)

Amenities

  • Signage
  • Air Conditioning

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • 1st Floor
  • 6,000 SF
  • Office/Retail
  • -
  • Now

First-floor retail space offers up to 6,000 square feet of prime real estate. The space can be subdivided into three separate 2,000 SqFt spaces. Rent is $40 per SqFt + CAM $4.60/SqFt

  • 2nd Floor
  • 8,000 SF
  • Office
  • -
  • Now

8,000 SqFt of office space available for rent on the second floor of our well-located building. If you need a smaller space, we offer the flexibility to subdivide it into two separate 4,000 SqFt offices. Vacant. Rent is $25 per SqFt + CAM $4.60/SqFt

Space Size Space Use Position Available
1st Floor 6,000 SF Office/Retail - Now
2nd Floor 8,000 SF Office - Now

1st Floor

Size
6,000 SF
Space Use
Office/Retail
Position
-
Available
Now

2nd Floor

Size
8,000 SF
Space Use
Office
Position
-
Available
Now

1st Floor

Size 6,000 SF
Space Use Office/Retail
Position -
Available Now

First-floor retail space offers up to 6,000 square feet of prime real estate. The space can be subdivided into three separate 2,000 SqFt spaces. Rent is $40 per SqFt + CAM $4.60/SqFt

2nd Floor

Size 8,000 SF
Space Use Office
Position -
Available Now

8,000 SqFt of office space available for rent on the second floor of our well-located building. If you need a smaller space, we offer the flexibility to subdivide it into two separate 4,000 SqFt offices. Vacant. Rent is $25 per SqFt + CAM $4.60/SqFt

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Bike Score ®
Very Bikeable (72)
What is a Walk Score®, Transit Score® & Bike Score®?
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Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
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Nearby Major Retailers

Publix
Chase Bank
CrossFit

PROPERTY TAXES

Parcel Number 12-43-46-04-00-000-7060 Improvements Assessment £1,979,092
Land Assessment £746,092 Total Assessment £2,725,184

PROPERTY TAXES

Parcel Number
12-43-46-04-00-000-7060
Land Assessment
£746,092
Improvements Assessment
£1,979,092
Total Assessment
£2,725,184
(561) 716-8090

Contact

  • Listing ID: 28588305

  • Date on Market: 26/05/2023

  • Last Updated:

  • Address: 2000 N Federal Hwy, Delray Beach, FL 33483

The Retail Property at 2000 N Federal Hwy, Delray Beach, FL 33483 is currently available for sale. Contact Apollo Investment & Real Estate Holdings LLC for more information.

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2000 N Federal Hwy, Delray Beach, FL for sale Building Photo- Image 1 of 3
2000 N Federal
2000 N Federal Hwy, Delray Beach, FL for sale Plat Map- Image 2 of 3
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© 2024 CoStar Group

2000 N Federal Hwy
(561) 716-8090 x

2000 N Federal Hwy

Chris Nicotra

(561) 716-8090

(561) 716-8090

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