608 N Dixie

Investment Highlights

230 feet of frontage on Dixie Highway Lake Worth Beach

Executive Summary

The site consist of two buildings and a vacant lot. The primary building is 5684 sq. ft. presently leased to a major national music retailer. The second two story building located on the north boundary is 2142 sq. ft. with no lease. There is a vacant lot (50Wx135D) located on the south end of the property. The approximate Dixie Highway frontage is 230 ft. Building sizes and lot dimensions (estimates) taken from the PB County Property Appraiser, there is no survey. Located just 6 blocks north of downtown Lake Worth Beach and sandwiched between 2 major I-95 access roads ( 10th Ave north and 6th Ave South). There is potential to add more space for an owner user.

• Sale Type    Investment NNN
• Property Type    Retail
• Property Subtype    Fast Food
• Building Size    3,087
• Building Class    B
• Year Built/Renovated    2003/2023
• Price    3,131,000
• Price Per SF    1,014
• Cap Rate    4.75
• NOI    148,750
• Tenancy    Single
• Building Height    1 Story
• Building FAR    0.13
• Land Acres    0.54 AC