Listing Number: 0101-403675
Description
The 15,504 square foot one story air-conditioned Industrial Building located in the Australian Business Park in the Town of Mangonia Park in Palm Beach County, Florida. Mangonia Park is mostly industrial and commercial with 2,200 +/- residents. The property has good visibility off Australian Avenue, close to I-95. The property is comprised of a 15,504 square foot one story fully A/C building with 18’ clear height built in 1965 on a 22,272 square foot corner lot. The property has Zoning & future land use of I Industrial District by the Town of Mangonia Park with multiple industrial and commercial uses. There is an office in front of approximately 1,000 square feet with a bathroom, hurricane impact windows, sprinklers and a safe.
There are several large open areas with 18’ clear height, 220 power, a second bathroom, an electric overhead door, six roll-up doors, a ramp and a covered raised loading area of 1,400 +/- SF. The site is level and street grade. Industrial buildings such as this are very tough to find in the market today. The owner would like to sign a long-term lease for the property at $17.50/ square foot NNN monthly Asking triple net annual rent is $271,320 with first, last and one month security due at lease inception. "I" Industrial permitted uses allow a wide variety of uses at this property.
SEE LISTING BROKER for full offering memo, demographics, drone video of the property and photo set on this rare and unique property.
Listing Details
- Price: $271,320
- Down Payment: $271,320
- Sellers Discretionary Earnings: $0
- Total Sales: $0
- Location: Palm Beach County, Florida
- Inventory: $0
- FF&E: $0
- Employees:
- Reason for Selling: Commercial Lease
- Category: Real Property Rltd
