Abbey Park Plaza
1890 Abbey Road, West Palm Beach, Florida 33415
Sold: $965,000
Property Details
Property Type
Improved property
Building Type
Freestanding
Building Size
14,375 sqft
Land Size
1.55 acres
Sewer
Yes
Water
Yes
Zoning
Commercial
Electric
Yes
Year Built
1985
Parking
Yes
Lease Type
1500000
Property Description
14,375 SF retail plaza located on one of West Palm Beach's busiest streets. Over 70,500 cars/day. All leases are NNN. NOI of $123,981. Some tenants on long term rentals, shorter term tenants provides new ownership with potential to lease up as well as rental rate growth as market trends upward will enhance return.
Strategically located on Forest Hill Boulevard just west of Haverhill Rd. Forest Hill is one of West Palm Beach's high traffic thoroughways.
Location
Contact
Michael A. Falk, CCIM, SIOR
Colliers International South Florida, LLC
Office: (561) 478-6400
[email protected]