FOR SALE Executive Office building ...
FOR SALE Executive Office building $2,400,000 17,662 SF PRICE/SF $135.88.
A 17,662 sf professional office building well located in the West Palm Beach suburb of Palm Springs.
The property was originally constructed in 1986 and renovated in 1995 and has significant interior upgrades in 2006. The property features CBS construction with tile roof, central air, and elevator.
S. Congress Office is currently operating as an executive suites professional office building offering suites, open air cubicles, and virtual offices. Amenities include fully furnished suites, access to conference rooms and kitchenette,
T-1 high speed data lines, digital phone systems, and on-site support.
The savvy investor/business operator will seek to capitalize on the existing business plan by leasing up the available vacancy and to continue to grow the virtual office component of the business model.
The offices also represent an ideal opportunity for the owner-user. A firm could occupy the vacant space on the first floor while collecting revenue from the existing tenants. All leases are short term with no fixed lease commitments extending beyond 2010. The short term leases would facilitate the ability for a new owner to use the entire property for their business in short order.
The property was originally constructed in 1986 and renovated in 1995 and has significant interior upgrades in 2006. The property features CBS construction with tile roof, central air, and elevator.
S. Congress Office is currently operating as an executive suites professional office building offering suites, open air cubicles, and virtual offices. Amenities include fully furnished suites, access to conference rooms and kitchenette,
T-1 high speed data lines, digital phone systems, and on-site support.
The savvy investor/business operator will seek to capitalize on the existing business plan by leasing up the available vacancy and to continue to grow the virtual office component of the business model.
The offices also represent an ideal opportunity for the owner-user. A firm could occupy the vacant space on the first floor while collecting revenue from the existing tenants. All leases are short term with no fixed lease commitments extending beyond 2010. The short term leases would facilitate the ability for a new owner to use the entire property for their business in short order.
Information
Contact Information
HIGHLIGHT REALTY NETWORK
561-252-0948
4047 Okeechobee Blvd. Suite 105 W.P.B. FL 33409
Pricing
Price: $2,400,000.00
Income: $170,400
Expenses: $135.88 PER SF
Cap Ratio: 7.10%
Links
Features
Square Footage: 17,662
Floors in Bldg: 2
ACRES: 1.19
Attributes
Building Amenities
Includes Retail Space
Exterior Amenities
Parking Lot
All information in this site is deemed reliable but is not guaranteed and is subject to change
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