For Sale
$1,300,000

330 Clematis St West Palm Beach, FL 33401

Jimmy John's Net Lease, Strong Returns

Overview

Added:
Dec 11, 2024
Days on market:
136
This exceptional investment opportunity presents a 1,355 square foot retail space currently leased to Jimmy John's, a nationally recognized franchisee. Located in downtown West Palm Beach at 330 Clematis Street, this Class B property boasts a prime location with high visibility and foot traffic. The property, built in 1987 and renovated in 1997, is a single-tenant, net lease investment with a gross lease type. The current lease commenced April 1, 2022, and expires April 1, 2027, leaving approximately 2.4 years remaining. The asking price is $1,300,000. This investment offers a stable income stream due to the established tenant and desirable location within a thriving commercial district. The property's APN is 74-43-43-22-33-001-0060. This is a fantastic opportunity for investors seeking a strong, established tenant in a high-demand area. The property is situated in Palm Beach County, Florida, zip code 33401.

Highlights

  • High-traffic location with excellent visibility in a vibrant commercial district.
  • Exceptional street frontage ensuring maximum brand exposure and pedestrian traffic.

Property Details for 330 Clematis St

Property type
Retail properties
Square Feet
1,355 SF
Class
B
Year Built/Renovated
1987/1997
Units
1

Location Insight

City
West Palm Beach
County
Palm Beach
State
Florida
Latitude
26.7131471
Longitude
-80.0530121

FAQs

What type of property is this?
Retail property - Jimmy John's Net Lease, Strong Returns
Where is the retail property located?
The property is located at 330 Clematis St West Palm Beach, FL.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: High-traffic location with excellent visibility in a vibrant commercial district.; Exceptional street frontage ensuring maximum brand exposure and pedestrian traffic.;
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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330 Clematis St
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