This fully leased Palm Beach County shopping plaza offers a compelling combination of stabilized income, national tenancy, recent capital improvements, and future development upside. The property consists of approximately 10,090 square feet on 0.95 acres, just under one acre total, and was originally built in 1990. It is currently 100% leased to five tenants, including nationally recognized Quest Diagnostics and Boost Mobile, providing an established and diversified tenant mix. Zoned B-2, Commercial High Density, this opportunity should not be viewed as a traditional cap-rate-only acquisition. The sale includes four additional parcels of land, creating the potential for future expansion, redevelopment, additional commercial uses, or value creation beyond the existing income-producing plaza. The property has also benefited from significant recent capital improvements, with both the roof and HVAC systems replaced within the last three years, reducing near-term capital expenditure concerns for a new owner. For an investor looking beyond today's income, this is a rare opportunity to acquire a stabilized commercial asset with existing cash flow, additional land, high-density commercial zoning, and multiple paths for future upside in Palm Beach County.

HouseJupiter (United States)
Price :
$3,000,000

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