Retail Property For Sale on Military Trail in West Palm Beach

 

This Retail Property is Off-Market. Feel free to contact us for similar Commercial Investment Properties For Sale in Florida. 

 

O’Reilly Commercial Realty LLC 

Patrick O’Reilly 

Phone: (352) 237-2222 

Email: OreillyCommercialRE@gmail.com 

 

Kelmar Plaza  - 1267 S Military Trail, West Palm Beach, FL 33415

Retail Property Sold

Price:

$2,250,000

Gross Leasable Area:

16,080 SF

Price per SF:

$139.93

Property Type:

Retail

Property Sub-type:

Strip Center

Property Use Type:

Investment

Cap Rate:

8.49%

No. Stories:

2

Tenancy:

Multiple

Year Built:

1959

Lot Size:

0.96 AC

Highlights of Florida Commercial Property

• ±16,080-SF, two-story retail / office building
• Great market exposure
• Easy access to I-95 and Florida' s Turnpike
• Minutes to Downtown West Palm Beach amenities
• Traffic count of over 42,000 vehicles per day
• Solid in-place income with upside revenue potential

 

Description of Commercial Real Estate Investment

This is a pleasing opportunity to acquire Kelmar Plaza located at 1267 South Military Trail in West Palm Beach, Florida. This is a core, income-producing retail center positioned in Central Palm Beach County. Situated on Military Trail, the property offers easy access to local amenities, Palm Beach International Airport and major roadways. Kelmar Plaza is just minutes to Interstate 95 and allows access to Florida' s Turnpike via Southern Boulevard or Forest Hill Boulevard.

The Florida Commercial Property is located on Military Trail between Southern Boulevard and Forest Hill Boulevard. This commercial real estate is just minutes from Interstate 95, (PBI) Palm Beach International Airport and Downtown West Palm Beach.

 

Financial Summary for this West Palm Beach Retail Property

• Net Operating Income
  $142,875

 

  1267 S Military Trail, West Palm Beach, FL 33415 (Palm Beach County)

Listing information courtesy of Cohen Commercial Realty in North Palm Beach. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale. Availability of any listing should always be independently verified. Listing information is provided for consumer personal, solely to identify potential properties for potential purchase.


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