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1973 10th Ave N
Lake Worth Beach, FL 33461

$2,200,000 USD

Distribution Condo For Sale  •  7,200 SF

Property Details

  • Property Type Distribution
  • Total Building Size 37,532 SF
  • Lot Size 0.5 AC
  • Building Class B
  • Year Built 1985
  • Cap Rate 6.50 %
  • Tenancy Multiple
  • Zoning MU-W
0 Transit Score
33 Walk Score

1 Unit Available

Name Condo Use Size Price Details
1st Floor - Unit 1973-1975 Industrial 7,200 SF $2,200,000 USD
  • Unit Size: 7,200 SF
  • Condo Use: Industrial
  • Price: $2,200,000 USD
  • Sale Type: Investment
  • Price/SF: $305.56 USD
Description
Great opportunity to own 2 commercial warehouses combined into one. This property 1973 & 1975 10th Ave N in Lake Worth Beach, Fl,offers 7200 sq ft functional warehouse space, and an air conditioned storefront. Property has 2 bay doors, a bathroom, and estimated 23 ft ceiling height. There is currently a long standing national automotive wholesaler occupying the building. The lease ends in Nov of 2026. Tenant would lie to renew, but it will be at new owners discretion.  The class A property is in excellent condition and location as it's near I 95 and major airports. This is a great opportunity for an owner 1 user or investment, or 1031 exchange.
Driving Directions:	 I 95 off 10th Ave. North, head west for a short distance, property is on south side. Bays are in middle of strip center.
Broker Confidential:	Please schedule online to show. This listing is for 2 warehouses combined into one. 1973 and 1975 unit numbers. All sizes are approximate including ceiling height. Buyer to confirm.

Sale Notes
Great class A warehouse with Hi ceilings, two bay doors, Front Entry door, small office, Excellent location , minutes off I 95 and minutes to PBI Airport,  Great for Owner/ User or landlord. MOTIVATED SELLER. (Seller adding dollars to the monthly rent)

Description 

Great opportunity to own 2 commercial warehouses industrial/flex combined into one. This property 1973 & 1975 10th Ave N in Lake Worth Beach, Fl, offers 7200 sq ft functional warehouse space, and an air conditioned storefront. Property has 2 bay doors, a bathroom, and estimated 23 ft ceiling height. There is currently a long standing national automotive wholesaler occupying the building. The lease ends in Nov of 2026. The class A property is in excellent condition and location as it's near I 95 and major PBI airport. This is a great opportunity for an owner/user or investment or 1031 exchange. Value add opportunity as well as 
MOTIVATED SELLER
Driving Directions:	I 95 exit 10th Ave North, head west property will be  a short distance on the south side.
Broker Confidential:	Please schedule online to show. This listing is for 2 warehouses combined into one. 1973 and 1975 unit numbers. All sizes are approximate including ceiling height. Buyer to confirm.

Highlights

2 combined units, Very clean
hi ceilings, 1 Front entrance and 2 Rear Bay Door Entrances
close proximity to I 95
close proximity to PBI airport

Financial Summary

Cap Rate: 6.50 %
Total Expenses: $23,080 USD

Major Tenants

Tenant SF Occupied Lease End Date
TPH HOLDINGS LLC 7,200 SF 10/31/2026

Amenities

  • Yard
  • Reception
  • Fluorescent Lighting
  • Air Conditioning

Public Transportation

Commuter RailDriveWalkDistance
Lake Worth (Tri-County Commuter - South Florida Regional Transportation Authority (Tri-Rail)) 6 min - 1.7 mi
Boynton Beach (Tri-County Commuter - South Florida Regional Transportation Authority (Tri-Rail)) 8 min - 6.2 mi
AirportDriveWalkDistance
Palm Beach International 12 min - 7.2 mi

Parking Details

Parking Available: Yes
Reserved: No
Type: Surface
Included in Rent: Yes
Ross Kuflik 631-532-9189 Compass Fort Lauderdale
Ross Kuflik 631-532-9189 Compass Fort Lauderdale