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8851 Glades Road, Boca Raton, FL – $7,514,500

  • $7.5M Price
  • 3,966 Sqft
  • 1 Acres
  • 790 DOM
  • $7.5M Price
  • 3,966 Sqft
  • 1 Acres
  • 790 DOM

8851 Glades Road

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

Essential Information

  • MLS® #RX-10452202
  • Price$7,514,500
  • Square Footage3,966
  • Acres1.00
  • Year Built1989
  • TypeCommercial
  • Sub-TypeRetail
  • StatusActive

Style

Commercial, Free Standing, Income, Retail

Community Information

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

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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

  • Zoningcg

Listing Details

  • OfficeH. Alan Welles Real Est, LLC

Price Change History for 8851 Glades Road, Boca Raton, FL (MLS® #RX-10452202)

Date Details Change
Status Changed from Price Change to Active
Price Reduced from $7,850,000 to $7,514,500 $335,500 (4.27%)
Status Changed from Active to Price Change
Price Reduced from $9,655,193 to $7,850,000 $1,805,193 (18.70%)
Status Changed from Pending to Active
Show More (2)

All listings featuring the BMLS logo are provided by Beaches MLS Inc. Copyright 2020 Beaches MLS. This information is not verified for authenticity or accuracy and is not guaranteed.
© 2020 Beaches Multiple Listing Service, Inc. All rights reserved.

Listing information last updated on September 29th, 2020 at 2:15pm CDT.