$2,000,000
Details
Price : $2,000,000
Cap Rate : 5.6%
Building Size : 12,480 Sq Ft
Lot Size (AC) : 2.02
Year Built : 1987
Lease Type : Absolute NNN
Lease Expiration : 10-2024
Renewal Options : Three, 5-Year
Rental Increases : 3% Annual
Status : Available
Property Type : Retail
Investment Highlights
Indudtrial zoning
Very limited supply in West Palm Beach
Adjacent to Florida Turnpike and Southern Blvd. Located in the Westport Industrial Park.
Description
100% Occupied STNL to tenant Holland Pump. Holland Pump manufactures sells, rents, repairs, and services pumps for a wide range of pumping applications including construction pumping, mining dewatering, agricultural pumping, horizontal drilling and bypass pumping with capacities from 500 gpm to 150,000 gpm.
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