2930 10th Avenue North
Lake Worth, FL
Price:
$2,072,700
Cap Rate:
6.00%
NOI:
$124,360
Building Size:
Approx. 6,762 Sq. Ft.
Lot Size:
Approx. 0.86 Acres
Type:
Single-Tenant / Retail
Sub Category:
Automotive Parts
Year Built:
1998
Investment Overview
- 1998 Construction. 6,762+/- SF Building on 0.86+/- Acre Site
- Absolute NNN Lease w/ 10% Rental Increases Every 5 Years at Each Option
- Located Near the Corner of 10th Ave North (32,600+ VPD) and S Congress Ave (42,800+ VPD)
- Strong Demographics: 332,000 Residents w/in a 5-Mile Radius w, Average HH Income Over $100,000
- Across From Palm Springs Plaza, a 280,000+ SF Shopping Center with 45 Stores
- Bridgestone (Tires Plus’ Parent Company) is the World’s Largest Manufacturer of Tires
- Lake Worth | Part of the Miami Metropolitan Area | Population: 43,201