Small Bay Industrial For Sale

Marcus & Millichap is pleased to present for sale as exclusive advisor, Commerce Road Industrial (the Property), a +/-21,788 square foot Class "B" Flex Industrial Warehouse Property located at 170 Commerce Rd., in Boynton Beach, Florida. The building was constructed in 2001 and sits on approximately 1.26 Acres. 100% occupied and leased to five tenants on one (1) to three (3) year leases. The average length of tenant occupancy is eight (8) years.

The Property represents a very well-maintained stabilized investment with future upside and is conveniently located in an industrial neighborhood just north of Gateway Boulevard and south of Hypoluxo Road, both prominent east/west commercial arteries and just west of Interstate 95 (I-95) and east of High Ridge Rd. Further enhancing the Property's central location is an abundance of multifamily and single-family housing, as well as a critical mass concentration of commercial users including office, industrial, restaurants and shopping centers in the surrounding vicinity, all of which adds to the energy of this industrial park setting.

The Property’s central location within Palm Beach County along the I-95 Corridor is convenient and attractive to a variety of businesses that draw both customers and employees from the north and the south. An additional convenience is the Boynton Beach Tri-Rail Station approximately four tenths of a mile south. Less than 2 miles from the Property is the intersection of Gateway Boulevard and Congress Avenue. A high energy retail corridor housing dozens of national chain restaurants and big box retail, as well as a regional mall, multi-plex cinema and hundreds of multi-family units