8851 Glades Road, Boca Raton, FL 33434
$7,514,500
Property Type:
Comm/Industry
Baths:
2
Square Footage:
3,966
Status:
Active
Current Price:
$7,514,500
Last Modified:
9/16/2023
Description
4% Cap with JP Morgan Chase, lease has 9 years remaining with 3% annual increases. NOI $300,580
More Information MLS# RX-10452202
Contract Information
Status: Active
Original List Price: 9655193
Auction: No
List Price: $7,514,500
Current Price: $7,514,500
List Price/Bldg SqFt: 1894.73
Listing Date: 2018-07-31
Comm/Non-Rep: 1%
Comm/Buyer Agent: 1%
Comm/Trans Brk: 1%
General Property Description
Type: Industrial
For Sale: Yes
For Lease: No
Lease Year: 2017
Property Desc: Finnancial
Subdivision: PALM BEACH FARMS CO PL NO 3
Year Built: 1989
Built Desc: Resale
SqFt - Living: 3966
SqFt Source: Tax Rolls
# of Stories: 1
Total Units: 1
Baths - Total: 2
Acres: 1
% Air Conditioned: 100
Waterfront: No
Location, Tax & Legal
Area: 4760
Geo Area: PB04
Country: United States
County: Palm Beach
Parcel ID: 00424327050760522
Street #: 8851
Street Name: Glades
Street Suffix: Road
State/Province: FL
Zip Code: 33434
Multiple Ofrs Acptd: Yes
Zoning: cg
Legal Desc: PALM BEACH FARMS CO PL 3 W 200.18 FT OF S 213.39 FT OF TR 52 LYG N OF & ADJ TO SR 808& E OF & ADJ TO LYONS RD BLK 76 A/K
Tax Year: 2017
Real Estate Taxes: 32921
Geo Lat: 26.368419
Geo Lon: -80.186078
Remarks & Misc
Directions: NE corner Glades and Lyons Rd, Boca
Office/Member Info
DXORIGMLNO: RX-10452202
DXORIGMLSID: RML
Building Info
Interior Ceiling Hgt: 14
# of Tenants: 1
# of Bays: 1
Monetary Info
Net Oper Income: 276000
Unit 1
Unit Desc: Shops
# of Units: 1
Half Baths: 3
Property Features
Use: Retail
Type of Building: Commercial; Free Standing; Income; Retail
Construction: CBS
Ceiling: Sheet Rock; Suspended
Location: Anchor Center; Investment; Shopping Center
Sale Includes: Building and Land
Avail Docs: Enviro. Audit-PH1
Avail Info: None
Miscellaneous 2: Traffic Heavy
Flooring: Carpet; Marble
Cooling: Central Building
Heating: Central
Fire Protect: Smoke Alarm
Tenant Pays: Common Area Maint.; Insurance; Repairs; Taxes
Utilities: Electric; Public Water; Separate Meter; 201+ Amp
Security: Lobby; Security Patrol; TV Camera
Roof: Built-Up; Steel Joist
Terms Considered: Cash; Exchange
Lease: Long Term; Net Rent; Renewal; 7-10 Years
Listing Office: H. Alan Welles Real Est, LLC
Last Updated: September - 16 - 2023
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