8851 Glades Road, Boca Raton, FL 33434

8851 Glades Road, Boca Raton, FL 33434
8851 Glades Road, Boca Raton, FL 33434
8851 Glades Road, Boca Raton, FL 33434
8851 Glades Road, Boca Raton, FL 33434
8851 Glades Road, Boca Raton, FL 33434
8851 Glades Road, Boca Raton, FL 33434
8851 Glades Road, Boca Raton, FL 33434

Status: Active

1989

YEAR BUILT

$7,514,500

LISTING PRICE

Industrial

TYPE

MLS#: RX-10452202

Type of Building: Commercial, Free Standing, Income and Retail

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561-283-4663

4% Cap with JP Morgan Chase, lease has 9 years remaining with 3% annual increases. NOI $300,580

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This listing is courtesy of H. Alan Welles Real Est, LLC. Real Estate and Luxury homes in Boca Raton, Delray Beach, Deerfield Beach, Juno Beach, 0 Lake Worth, Palm Beach Gardens, West Palm Beach and surrounding areas in Palm Beach County and South Florida. Property Listing Data contained within this site is the property of Brevard MLS and is provided for consumers looking to purchase real estate. Any other use is prohibited. We are not responsible for errors and omissions on this web site. All information contained herein should be deemed reliable but not guaranteed, all representations are approximate, and individual verification is recommended.

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  • Acres1 acres
  • Available DocumentsEnviro. Audit-PH1
  • Available InformationNone
  • Building Info: Interior Ceiling Height14ft
  • Building Info: Number of Bays1
  • Building Info: Number of Tenants1
  • Built DescriptionResale
  • CeilingSheet Rock and Suspended
  • CityBoca Raton
  • ConstructionCBS
  • CoolingCentral Building
  • CountyPalm Beach
  • DirectionsNE corner Glades and Lyons Rd, Boca
  • Fire ProtectionSmoke Alarm
  • FlooringCarpet and Marble
  • For LeaseNo
  • For SaleYes
  • HeatingCentral
  • Lease7-10 Years, Long Term, Net Rent and Renewal
  • Lease Year2,017
  • Legal DescriptionPALM 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
  • List Price$7,514,500
  • List Price/SqFt$1,894.73 / sqft
  • Listing DateSaturday, September 16th, 2023
  • Listing IDRX-10452202
  • Listing Price$7,514,500
  • Listing StatusActive
  • LocationAnchor Center, Investment and Shopping Center
  • Miscellaneous 2Traffic Heavy
  • Monetary Info: Net Operating Income$276,000
  • Multiple Offers AcceptedYes
  • Number of Meters1
  • Number of Stories1
  • Number of Toilets2
  • Percent Air Conditioned100%
  • Property DescriptionFinnancial
  • Property TypeCommercial
  • Real Estate Taxes$32,921
  • RoofBuilt-Up and Steel Joist
  • Sale IncludesBuilding and Land
  • SecurityLobby, Security Patrol and TV Camera
  • SqFt SourceTax Rolls
  • State/ProvinceFL
  • StatusActive
  • Status Change DateSaturday, September 16th, 2023
  • Street NameGlades
  • SubdivisionPalm Beach Farms Co Pl No 3
  • Tax Year2017
  • Tenant PaysCommon Area Maint., Insurance, Repairs and Taxes
  • Terms ConsideredCash and Exchange
  • Total Building SqFt3,966 sqft
  • Total Units in Building1
  • TypeIndustrial
  • Type of BuildingCommercial, Free Standing, Income and Retail
  • Unit 1: Half Baths3
  • Unit 1: Number of Units1
  • Unit 1: Unit DescriptionShops
  • Utilities201+ Amp, Electric, Public Water and Separate Meter
  • Virtual TourYes
  • WaterfrontNo
  • Year Built1989
  • Zip Code33434
  • Zoningcg

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