Irresistible Investment Opportunity in West Palm Beach, FL – $11.5M
Attention Prime Investors!
Overview:
Unlock a unique investment with this fully-occupied commercial portfolio at the bustling corner of Military Trl. and Purdy Ln., West Palm Beach, FL. This offering includes two buildings, established tenants, and a lucrative gentleman's club business with a full 4COP license.
Property Highlights:
100% Tenant Occupied: Stable, long-term tenants.
High Income Potential: Total NOI of $365,390.
Ample Parking: 90+ spaces for convenience.
Parcel 1: 4548 Purdy Lane
Single Tenant
Built in 1971
Recent Upgrades: New roofs, A/C units.
7,538 SF on 0.61 Acres
Gentleman's Club: Generates $30-50K+ weekly, up to $70K during peak times. Manager willing to stay.
Parcel 2: 2298 S Military Trl
Commercial Retail Multi-Tenant
Flexible Leases: Liquor store (formal lease), other tenants month-to-month.
Yearly Income: $144,400
Tenants & Income:
Liquor Store: $4K/month
Psychic Tarot Reader: $3K/month
Barber Shop: $2.4K/month
Upstairs Apartment: $1.8K/month
Billboard: $10K/year
Financial Snapshot:
Listing Price: $11,500,000
Total Annual Expenses: $27,430
Total NOI: $365,390
Contact:
Direct to Seller: Call Desmond J. Hinds at 917-587-2009
Email: Dh@hindsventuregroup.co
Don’t miss this chance to own a high-yield, prime location asset in West Palm Beach. Secure your investment today!