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1801 Indian Rd
West Palm Beach, FL 33409

$1,200,000 USD

Office Condo For Sale  •  4,312 SF

Property Details

  • Property Type Office
  • Total Building Size 4,312 SF
  • Lot Size 1 AC
  • Building Class B
  • Year Built 2007
  • Cap Rate 6.60 %
  • Tenancy Single
  • Zoning CG
0 Transit Score
64 Walk Score

1 Unit Available

Name Condo Use Size Price Details
1st Floor - Unit 103,104 Office 4,312 SF $1,200,000 USD
  • Unit Size: 4,312 SF
  • Condo Use: Office
  • Price: $1,200,000 USD
  • Sale Type: Investment or Owner User
  • Price/SF: $278.29 USD
Description
Welcome to a fully renovated office located just off of Okeechobee Blvd and Palm Beach Lakes Blvd.  This Office Condo has Brand New AC unis with a low HOA.  It was build out for a law office, however, the space can be renovated to meet any of your needs. The property contains high vaulted ceilings and drop ceiling on one side that can be removed.  This is perfect for an investment or for an Owner Operator building

Description

Office Condo Building Built in 2007.  There has only been one user since the inception of its buildout.

Highlights

Conveniently situated in the heart of the Palm Beaches, offering excellent accessibility between Orlando to the north and Ft. Lauderdale.
Near prominent tenants in Cross County Plaza, including Conn's, Ross, T-Mobile, and Walgreens, attracting significant customer traffic.
Boasts a population of 286,051 residents within a 5-mile radius, providing a substantial customer base.
Ideally located to serve both local and regional customers, enhancing business visibility and growth opportunities.

Financial Summary

Cap Rate: 6.60 %
Total Expenses: $22,625 USD

Amenities

  • 24 Hour Access
  • Drop Ceiling
  • Air Conditioning

Public Transportation

Commuter RailDriveWalkDistance
West Palm Beach (Tri-County Commuter - South Florida Regional Transportation Authority (Tri-Rail)) 7 min - 3.3 mi
West Palm Beach (Mainline - Brightline) 8 min - 3.7 mi
AirportDriveWalkDistance
Palm Beach International 9 min - 3.5 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 8
Type: Surface
Included in Rent: Yes
Richard Carey 913-963-9800 LoKation Real Estate
Richard Carey 913-963-9800 LoKation Real Estate