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835 Belvedere Road
West Palm Beach, FL 33405
Asking Price
$5.36M
Cap Rate
7.25%
Asset Type
Retail
Class
Class B
What's Special
Retail | 7.25% CAP | 2,814 SqFt <p><strong></strong></p><ul><li>Long-Term, Absolute NNN Lease w/ Annual Increases</li><li><strong>Brand New 2026 Construction</strong> | Latest Sanctuary Prototype</li><li>Signalized Hard Corner Intersection w/ <strong>Multiple Points of Access</strong></li><li><strong>Miami MSA</strong></li><li><strong>Extremely Dense & Affluent Trade Area</strong> | Proximity to Palm Beach International Airport</li><li>Leading Vertically Integrated, <strong>Multi-State Operator</strong></li></ul>
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NOI
$80,000
Cap Rate
1.49%
DSCR
0.25
Underwater
Cash-on-Cash
-14.82%
Monthly Payment
$26,524.787
Annual Cash Flow
$-238,297.446
