Courtesy of H. Alan Welles Real Est, LLC.
$7,514,500
8851 Glades Road
Boca Raton , FL 33434
-
3,966
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Property Description
4% Cap with JP Morgan Chase, lease has 9 years remaining with 3% annual increases. NOI $300,580
Property Details & Features
Property Type
- Commercial Industrial
Year Built
- 1989
Location
- Investment
- County: Palm Beach
- Subdivision: PALM BEACH FARMS CO PL NO 3
- Anchor Center
- Shopping Center
Listing
- Source: Palm Beach
- List price: $7,514,500
- MLS ID: 20121115220811115022000000
- Listing ID: RX-10452202
- Status: Active
- For lease?: No
- Lease year: 2017.00
- $1,895 per square foot
- 7-10 Years
- Long Term
- Net Rent
- Renewal
Bathrooms
- 2 total bathrooms
- 3 half bathrooms, unit 1
House
- 3,966 total building square feet
- Built in 1989
- 1 story
- 1 unit in building
- Year built description: Resale
- Square footage source: SimpleTemplate
- Interior ceiling height: 14 feet
- 1 tenant
- 1 bay
- 1 total unit for unit 1
- CBS
- Smoke Alarm
- Commercial
- Free Standing
- Income
- Retail
Cooling
- Central Building
Floors
- Carpet
- Marble
Heating
- Central
Interior Features
- Sheet Rock
- Suspended
Lot
- 1 acre
Miscellaneous
- Unit 1 description: Shops
- Traffic Heavy
- Common Area Maint.
- Insurance
- Repairs
- Taxes
- Cash
- Exchange
Property
- Property type: E
- Zoning: cg
- Waterfront: No
Roof
- Built-Up
- Steel Joist
Security System
- Lobby
- Security Patrol
- TV Camera
Taxes
- Real estate taxes: $32,921
- Year: 2017
Utilities
- 1.00 meter
- 201+ Amp
- Electric
- Public Water
- Separate Meter
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