Presented by: Robert Hamman (561)340-0865

  
11865 US HIGHWAY ONE . Palm Beach GardensFL
 
11865 US Highway 1
Palm Beach Gardens, FL 33408
List Price $2,970,000
Price Per GLA $512.07
CAP 6.70 %
GLA 5,800
Building S.F. 5,800
Percent Occupied 100.00 %
Land Acres 0.4000
Property Overview
Cross Street PGA Blvd. Tax Parcel Number 28-43-41-28-28-000-0040
Market South East Florida Sub Market Palm Beach
Year Built 1970 Year Renovated 2007
Building Class B Location Class A
No. of Buildings 2 Shadow Anchored NO
Mixed Use Retail/Office Street Frontage 84.27
Corner Yes Zoning Type CG
No. of Parking Spaces 20 No.Tenants 2
No. Stories 1

Property Description
This property consists of a 4,400 sq ft CBS stand alone retail building, in addition to a 1,400 sq ft stand alone building with new finished offices. There is a double sided 14 x 5 ft free standing sign with an additional 8 x 3 sign mounted below PLUS a 14 x 48 ft Clear Channel billboard that generates addition income of $52,000 a year. This building is in the county and grandfathered in relation to parking set backs and signage. Personal guarantees and yearly escalations. This property is also available for Lease.

Area Description
Absolute PRIME LOCATION on the Heart of Palm Beach Gardens Retail, Shopping, Business and Restaurant Corridor. US Highway 1 just North of PGA Blvd. Multiple ultra exclusive golf and country club communities, including Lost Tree Village and Seminole Landing, within in minutes of this location. Florida Power & Light headquarters is minutes up the road. In between the Ocean and Intracoastal. The new Scripps Research Center, Gardens Mall close by.
Presented By
Robert Hamman
(561)340-0865


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