Almost Done

Thank you for verifying your email address.

LoopNet needs to verify your identity in an effort to maintain the highest level of data security. Please click the link below which will direct you to TransUnion's secure identity verification tool.

You will only need to do this one time for LoopNet.

Verify Your Identity

Provided By:

The information you provide below will be securely transmitted to TransUnion. It will not be used to update your information with CoStar / LoopNet.

Please use the name and address most likely associated with your credit file.

Most people are immediately approved upon clicking verify.

{{TransUnionSignup.invalidData.message}}
Please enter your First Name
Please enter your Last Name
Please enter your Phone
Please enter your Address
Please enter your City
Please enter your State
Please enter your Zip/Postal Code

Verify Your Identity

Provided By:

Please wait while we verify your identity.

Thank You,
Verification Complete!

Provided By:

Your identity has been verified by TransUnion.

Verify Your Identity

Provided By:

We need a little more information to verify your identity. Please choose the option that works best for you.

Verify Your Identity

Please enter the five digit code that we provided by text message or automated voice call.

Verification Questionnaire

Provided By:

Please answer these questions to complete your verification.

{{question.DisplayName}}

Identity Verification Failed

Provided By:

We were unable to verify your identity with the information you provided. Please contact our Customer Support team at 833-399-6603 or Help@Loopnet.com for further assistance.

Try Again Later

Provided By:

TransUnion is currently experiencing some technical diffculties. Please try again later

Send to Friend

Please enter your first name
Please enter your last name
Please enter a valid email address
Please enter a valid email address.

Note: To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

929 characters remaining

We will automatically send your friend a one-time email inviting them to visit this listing. LoopNet stores this information for the sole purpose of sending this one-time email and tracking the success of the referral program. (Terms of Use)

thank you

Your email has been sent!

Reichel Realty & Investments, Inc. Reichel Realty & Investments, Inc.
Call

2724 North Australian Ave 2724 N Australian Ave

7,586 SF 100% Leased Office Building West Palm Beach, FL $1,225,000 ($161/SF) 6.26% Cap Rate

Investment Highlights

  • Minutes away, north of 25 st Street in West Palm Beach
  • Great location with easy access to major restaurant and retail tenants
  • Blocks from the ocean

Executive Summary

New opportunities, great location, and get for new establishments looking to expand.

Property Facts

Sale Type
Property Type
Building Size
Building Class
Year Built
Sale Type
Property Type
Building Size
Building Class
Year Built
Price
Price Per SF
Cap Rate
Sale Type
Property Type
Building Size
Building Class
Year Built
Price
Price Per SF
Cap Rate
NOI
Percent Leased
Tenancy
Building Height
Typical Floor Size
Building FAR
Land Acres
Investment
Office
7,586 SF
B
1986
Investment
Office
7,586 SF
B
1986
$1,225,000
$161
6.26%
Investment
Office
7,586 SF
B
1986
$1,225,000
$161
6.26%
$76,642
100%
Multiple
1 Story
7,586 SF
0.29
0.60 AC
Price
Price Per SF
Cap Rate
NOI
Percent Leased
NOI
Percent Leased
Tenancy
Building Height
Typical Floor Size
Building FAR
Land Acres
$1,225,000
$161
6.26%
$76,642
100%
$76,642
100%
Multiple
1 Story
7,586 SF
0.29
0.60 AC
Tenancy
Building Height
Typical Floor Size
Building FAR
Land Acres
Multiple
1 Story
7,586 SF
0.29
0.60 AC
Zoning
Parking
Opportunity Zone
OC - Office commercial
50 Spaces (6.85 Spaces per 1,000 SF Leased)
Yes

Amenities

  • 24 Hour Access
  • Bus Line
  • Conferencing Facility
  • Courtyard
  • Fenced Lot
  • Signage
  • Air Conditioning

About 2724 N Australian Ave , West Palm Beach, FL 33407

The two building -- Front Building 3,906 sf ±, Rear Building 3,680 sf ± , totaling in 7,586 sf ±. The compound complex leased to Vita Nova located at 2724 North Australian Avenue, West Palm Beach, Florida. Located on the east side of Australian Avenue just north of Palm Beach Lakes Blvd.

1 of 1

Transportation

Commuter Rail
Mangonia Park Commuter Rail (Tri-County Commuter)
Tri-County Commuter
 5 min drive 1.8 mi
West Palm Beach Commuter Rail (Tri-County Commuter)
Tri-County Commuter
 6 min drive 2.8 mi

airplane iconAirport
Palm Beach International Airport
15 min drive 6.4 mi

PROPERTY TAXES

Parcel Number 74-43-43-09-11-000-0260 Improvements Assessment $562,050
Land Assessment $221,359 Total Assessment $783,409
561-478-4440
8845 N Military Trl
Suite 100
Palm Beach Gardens,
FL - 33410

You May Also Like

1/21
1897 Palm Beach Lakes Blvd - Cross Roads
0.09 AC Available
1897 Palm Beach Lakes Blvd - Cross Roads
$1,160,000
2419 S Dixie Hwy - For Lease
0.04 AC Available
2419 S Dixie Hwy - For Sale
$1,200,000
2611 N Dixie Hwy - DaVita Dialysis Associates of the Palm Beach
$1,900,000
2200 N Florida Mango Rd - Pearl Corporate Centre - Office
0.05 AC Available
2560 Rca Blvd - Courtyard Gardens Professional Centre
0.03 AC Available
1801 Centrepark Dr E - Centrepark East
0.09 AC Available
400 S Australian Ave - Reflections I & II
1.39 AC Available
1401 Forum Way - Horizons Office Center | West Palm Beach
0.59 AC Available
807 Lucerne Ave - Lucerne Commerce Row
0.07 AC Available
450 Northlake Blvd - Northlake Plaza
0.22 AC Available
7577-7781 Lake Worth Rd - Nassau Square
0.42 AC Available
3101 Forest Hill Blvd - Forest Hill Center
0.15 AC Available
22923-23086 Sandalfoot Plaza Dr - Sandalfoot Plaza Drive
0.24 AC Available
111 John F Kennedy Dr - 107 - 111 JFK Circle
0.08 AC Available
120 S Olive Ave - The Guaranty Building
$875,000
11891 US Highway 1 - For Lease
0.35 AC Available
190 John F Kennedy Dr - For Lease
0.11 AC Available
420-424 Claremore Dr - 420 Claremore Drive - Flamingo Place
0.59 AC Available
4400 Northcorp Pky - For Lease
0.42 AC Available
  • Listing ID: 18105140
  • Date Created: 1/7/2020
  • Last Updated:
1 of 6
VIDEOS
3D TOUR
PHOTOS
STREET VIEW STREET
MAP

1/6
2724 N Australian Ave, West Palm Beach, FL for sale Building Photo- Image 1 of 6
Building Photo
2724 N Australian Ave, West Palm Beach, FL for sale Portico Between Building # 1 & Building # 2- Image 2 of 6
Portico Between Building # 1 & Building # 2
2724 N Australian Ave, West Palm Beach, FL for sale Aerial 3- Image 3 of 6
Aerial 3
2724 N Australian Ave, West Palm Beach, FL for sale Aerial 4- Image 4 of 6
Aerial 4
2724 N Australian Ave, West Palm Beach, FL for sale Aerial 2- Image 5 of 6
Aerial 2

1 of 1

Find More Properties

You have been searching for {{saveSearchForm.categorySearchLabel}}. Login to save your search and get additional properties emailed to you.


Receive Email Alerts for Similar Properties

Be the first to know about new listings that match your criteria.

This alert already exists

Search Saved

Commercial Real Estate Search by LoopNet

© CoStar Realty Information, Inc. © 2021  Terms of Use

Request Information

2724 North Australian Ave 2724 N Australian Ave

7,586 SF 100% Leased Office Building West Palm Beach, FL $1,225,000 ($161/SF) 6.26% Cap Rate

561-478-4440 Ext.

Request Information

William Reichel

561-478-4440

561-478-4440

Please enter an email address.

Please leave a message.

Hmm, there seems to have been an error sending your message. Please try again.

Thanks! Your message was sent.

Send another message

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, 'rating') }}
255 character limit ({{ remainingChars() }} characters remainingover)
{{ getErrorText(feedbackForm.msg, 'rating') }}
{{ getErrorText(feedbackForm.fname, 'first name') }}
{{ getErrorText(feedbackForm.lname, 'last name') }}
{{ getErrorText(feedbackForm.phone, 'phone number') }}
{{ getErrorText(feedbackForm.phonex, 'phone extension') }}
{{ getErrorText(feedbackForm.email, 'email address') }}
You can provide feedback any time using the Help button at the top of the page.