Caviar Global Properties - Pompano Beach & Boca Raton Real Estate | Buy or Sell

Courtesy of H. Alan Welles Real Est, LLC.

$7,514,500

8851 Glades Road

Boca Raton , FL 33434

  • 3,966

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Carola Lueder

Carola Lueder

Founder – Executive Director

LIC#BK3187419

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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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Contact

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Contact Details

Telephone:

954-663-8266

Address:

2601 E Oakland Blvd, Suite 101A Fort Lauderdale FL 33306