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8851 Glades Road, Boca Raton, FL – $10,000,000

  • $10M Price
  • 3,966 Sqft
  • 1 Acres
  • $10M Price
  • 3,966 Sqft
  • 1 Acres

8851 Glades Road

4% Cap with JP Morgan Chase, lease has 9 years remaining with 3% annual increases. NOI $300,580

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Essential Information

  • MLS® #RX-10452202
  • Price$10,000,000
  • Square Footage3,966
  • Acres1.00
  • Year Built1989
  • TypeCommercial
  • Sub-TypeRetail
  • StatusActive

Style

Commercial, Income, Retail, Free Standing

Community Information

  • Address8851 Glades Road
  • Area4760
  • SubdivisionPALM BEACH FARMS CO PL NO 3
  • CityBoca Raton
  • CountyPalm Beach
  • StateFL
  • Zip Code33434

Amenities

Utilities

201+ Amp, 3-Phase Electric, Public Water, Separate Meter

Interior

  • AppliancesBuilding and Land
  • HeatingCentral
  • CoolingCentral Building
  • # of Stories1

Exterior

  • Lot DescriptionFinnancial
  • RoofBuilt-Up, Steel Joist
  • ConstructionCBS

Additional Information

  • Listing Courtesy ofH. Alan Welles Real Est, LLC
  • Date ListedAugust 1st, 2018
  • Zoningcg
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Price Change History for 8851 Glades Road, Boca Raton, FL (MLS® #RX-10452202)

Date Details Change
Price Increased from $7,514,500 to $10,000,000 $2,485,500 (33.08%)
Price Reduced from $7,850,000 to $7,514,500 $335,500 (4.27%)
Price Reduced from $9,655,193 to $7,850,000 $1,805,193 (18.70%)

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