About this home
Offered for sale is a well-located, institutional-quality retail strip center in North Palm Beach, Florida, totaling 20,008 square feet on a 2.42-acre site. The property is 100% leased to a strong mix of nationally and regionally recognized tenants, including Waterfront Properties, City Mattress, and Third Federal, all operating under NNN lease structures, providing passive and predictable cash flow for ownership.
Listing last checked: Listing updated:
Listed by Zachary Pergeorelis, Giovanna Gallegos · Johnston Group Real Estate Serv · MLS #B26061014
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Details at a glance
Interior2 property facts
- Heating
- Central
- Cooling
- Central Air
Building4 property facts
- Style
- Retail
- Year built
- 2000
- Parking
- 100
- Roof
- Other
Land & utilities4 property facts
- Lot size
- 2.42 acres
- Water
- Public
- Sewer
- Public Sewer
- Zoning
- CG
Financial2 property facts
- Annual taxes
- $108,996
- Assessment year
- 2025
Location
Estimated monthly cost
Explore costs at the $12,395,000 asking price. Adjust the assumptions to your situation.
Known monthly costs$71,759 / monthAdjust
- Principal & interest
- $62,676
- Property tax
- $9,083
- Insurance
- Not entered
- HOA
- Not entered
Listing annual taxes: $108,996. Initial monthly tax is one twelfth of that amount. HOA amount was not supplied.
Partial estimate: add insurance, monthly HOA to include those costs. Blank amounts are unknown.
The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.
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About 11701 US HIGHWAY 1
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