About 8930 Se Bridge Road
Fully Leased Office/Retail Building with Multiple Tenants. Encompassing 10,062+/- SF, this two-story building boasts 6 units on each floor. Located directly across from Market Place of Hobe Sound, a Winn Dixie anchored shopping center. Long term tenants include Edward Jones, Hobe Sound Chamber Of Commerce, and The Macleod Group. All the leases are short term and under market, giving a new investor leverage to increase rents, and/or use part of the building for themselves. Most of the offices are exceptionally remodeled. There is outstanding exposure with street parking in front, and rare, connected parking lot with 22 spaces. Just a short walking distance to numerous restaurants including Harry & The Natives, The Grove, Amato's, Taylor Beach House Cafe, Citron Bistro, and Hobe Sound Social***This is not a typical CAP rate opportunity; instead, it is a rare chance to own a high-quality, exceptionally maintained building where each tenant is paying significantly below market rent. All leases are short-term, specifically providing the new owner with the flexibility to convert to NET leases or raise the rents. ***
Features of 8930 Se Bridge Road
MLS® # | RX-11002716 |
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Price | $3,500,000 |
Square Footage | 10,062 |
Acres | 0.62 |
Year Built | 2007 |
Type | Commercial |
Sub-Type | Professional Office, Retail |
Style | Commercial, Free Standing, Office Space, Office/Professional, Office/Retail, Retail |
Status | Active Under Contract |
Community Information
Address | 8930 Se Bridge Road |
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Area | 14 - Hobe Sound/Stuart - South of Cove Rd |
City | Hobe Sound |
County | Martin |
State | FL |
Zip Code | 33455 |
Amenities
Utilities | Cable, 3-Phase Electric, Municipal Water |
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Is Waterfront | No |
Interior
Appliances | Building and Land |
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Heating | Central Individual |
Cooling | Central Individual |
# of Stories | 2 |
Exterior
Lot Description | Office/Retail Bldg |
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Roof | Other |
Additional Information
Zoning | HB-1 |
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RE / Bank Owned | No |
Listing Details
Office | SVN Florida PB LLC |
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