Sibia Building | 709 S Federal Hwy
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Sibia Building 709 S Federal Hwy
9,200 SF 100% Leased Office Building Boynton Beach, FL 33435 £5,567,043 (£605/SF) 4.29% Net Initial Yield
INVESTMENT HIGHLIGHTS
- Office/medical building enjoys excellent visibility and accessibility, being surrounded by a vibrant business community.
- The versatile floor plan allows for flexible office and medical configurations to meet various business needs.
- On-site pharmacy provides convenience and synergy for medical practitioners and healthcare professionals, streamlining patient care.
- The property provides ample parking spaces, ensuring easy access for employees, clients, and patients.
EXECUTIVE SUMMARY
709 S Federal Hwy, Boynton Beach, FL. This two-floor, 9,200 square-foot office/medical building, located off S Federal Highway, offers a prime location with excellent visibility. The property features an on-site pharmacy, enhancing convenience for medical practitioners and patients. With a modern design and versatile floor plan, including private offices, examination rooms, and waiting areas, this building is ideal for various professional uses. Ample parking, a well-maintained exterior, and a vibrant business community complete the package.
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
9,200 SF
Building Class
B
Year Built
2012
Price
£5,567,043
Price Per SF
£605
Net Initial Yield
4.29%
NOI
£238,588
Percent Leased
100%
Tenancy
Multiple
Number of Floors
2
Typical Floor Size
4,600 SF
Slab to Slab
11 ft
Building FAR
0.32
Lot Size
0.67 AC
Zoning
C3
Parking
34 Spaces (3.7 Spaces per 1,000 SF Leased)
AMENITIES
- 24 Hour Access
- Bus Route
- Signage
- High Ceilings
- Natural Light
- Recessed Lighting
- Wi-Fi
- Wooden Floors
- Balcony
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PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | £1,999,497 | |
| Land Assessment | £900,402 | Total Assessment | £2,632,464 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
£900,402
Improvements Assessment
£1,999,497
Total Assessment
£2,632,464
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Sibia Building | 709 S Federal Hwy
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