8961 Okeechobee Blvd

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8961 Okeechobee Blvd

West Palm Beach, FL 33411
Asking Price
Contact for price
Asset Type
Retail
Class
Class B

What's Special

Publix Outparcel | Net Lease | 6% CAP | Heartland Dental | 3,533 SqFt | 1.01 Acre | Single Tenant <ul><li>​<strong>Corporate Guaranteed NNN Lease</strong> with Heartland Dental: 5+ years remaining on original 10-year term + three (5-year) extension options, showcasing long-term tenant commitment</li><li>​<strong>Built-in 10% rental increases</strong> every 5 years throughout the initial term and at the start of each option period</li><li>​<strong>2023 Remodel</strong> – modern, updated dental facility</li><li>​<strong>True passive investment</strong>: Tenant responsible for CAM, taxes, insur

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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