SRS Real Estate Partners Brokers $2.8M Sale Of Lake Worth Single-tenant Retail Property
9955 Lake Worth Road
Retail
3,250 SF
3,250 SF
Sold 78 days ago
Summary
The $2.8 million sale of a single-tenant retail property in Lake Worth, West Palm Beach has been brokered by SRS Real Estate Partners. The property, located at 9955 Lake Worth Road, is leased to MD Now for 10 years. The asset spans 0.6 acres and has a total square footage of 3,250. The sale price amounts to $862 per square foot.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $2,800,000
- Address: 9955 Lake Worth Road
- Market: Lake Worth
- Acres: 0.6
- Brokers: Patrick Nutt & William Wamble - SRS Real Estate Partners
Patrick Nutt and William Wamble of SRS Real Estate Partners represented the local seller in this transaction. The buyer, a Florida-based private investor, made the purchase as part of a 1031 exchange.
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9955 Lake Worth Road
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