$3,070,000

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. ***