5725 Corporate Way

    West Palm Beach, FL 33407
    • $2,950,000
    • STATUS: Active
    • ON SITE: 392 days
    • MLS #: A10560492
    UPDATED: 24 min ago
    $2,950,000
    • 0
      BEDS
    • 1.15
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Type:
    Commercial
    Built:
    1983
    County:

    School Ratings & Info

    Description

    This Luxury office building located at 5725 Corporate Way West Palm Beach Florida. The physical property consists of 19,452 sf of leasable space well situated on a large 1.149 acre lot. Features include professional marble lobby entrance, elegant finishes, high end tenant offices, ample parking, and much more. Building is in excellent overall condition. This property is currently 81% occupied with only three vacancies. It is currently grossing $263,650.86 annually netting $140,653.43. Pro-forma figures project a gross operating income will be $394,226 netting $257,286 a year. This NOI will yield an investor a 9% CAP. This property also works very well for an owner user. Call for additional information.

    Monthly Payment Calculator



    Copyright 2019, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. The data relating to real estate for sale on this web site comes in part from the participating Associations/MLS’s in the Southeast Florida Regional Multiple Listing Service cooperative agreement, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2019, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. Use of search facilities of data on the site, other than a consumer looking to purchase real estate, is prohibited. Data last updated 2019-11-21T09:42:12.183.
    www.rileysmithgroup.com/homes/88815456

    5725 Corporate Way West Palm Beach, FL 33407

    • Price: $2,950,000
    • Status: Active
    • Updated: 24 min ago
    • MLS #: A10560492
    0
    Beds
    0
    Baths
    0
    ½ Baths
    1.15
    Acres
    1983
    Built
    County:
    Palm Beach
    Property Description
    This Luxury office building located at 5725 Corporate Way West Palm Beach Florida. The physical property consists of 19,452 sf of leasable space well situated on a large 1.149 acre lot. Features include professional marble lobby entrance, elegant finishes, high end tenant offices, ample parking, and much more. Building is in excellent overall condition. This property is currently 81% occupied with only three vacancies. It is currently grossing $263,650.86 annually netting $140,653.43. Pro-forma figures project a gross operating income will be $394,226 netting $257,286 a year. This NOI will yield an investor a 9% CAP. This property also works very well for an owner user. Call for additional information.
    Exterior Features

    Parking Total 0 Pool Private YN No Waterfront YN No

    Property Features

    Association YN No Business Type Office Space Electric 110 Volts Power Horse YN No Internet Address Display YN Yes Internet Automated Valuation Display YN No Internet Entire Listing Display YN Yes New Construction YN No Senior Community YN No Special Listing Conditions Sale Tax Annual Amount 40805 Tax Year 2017

    Listing courtesy of Re/Max 5 Star Realty.


    Copyright 2019, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. The data relating to real estate for sale on this web site comes in part from the participating Associations/MLS’s in the Southeast Florida Regional Multiple Listing Service cooperative agreement, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2019, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. Use of search facilities of data on the site, other than a consumer looking to purchase real estate, is prohibited. Data last updated 2019-11-21T09:42:12.183.
     
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