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

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

Essential Information

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

Style

Commercial, Free Standing, Income, Retail

Community Information

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

Amenities

Security

Lobby, Security Patrol, TV Camera

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

  • Date ListedAugust 1st, 2018

Listing Details

  • OfficeH. Alan Welles Real Est, LLC
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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)

H. Alan Welles Real Est, LLC.

All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright ©2021 BeachesMLS, Inc.

Listing information last updated on April 10th, 2021 at 8:16pm EDT.