8961 Hypoluxo RdLake Worth, FL 33467

This exceptional 5,349 square foot Class A retail storefront, located at 8961 Hypoluxo Road in Lake Worth, Florida, presents a compelling value-add investment opportunity. The property boasts four separately leased units, currently operating at 100% occupancy with a remaining lease term of three years. Each unit contributes to a strong net operating income (NOI) of $212,000, yielding a current cap rate of 6.20% and a pro-forma cap rate of 7.07%. The asking price is $3,000,000, translating to $560.85 per square foot. Situated on a 1.12-acre lot, this free-standing building offers 20 parking spaces and benefits from its prime corner location at the intersection of Hypoluxo Road and Lyons Road, within a shopping center anchored by Publix and other established businesses. The property is zoned MUPD (Multiple Use Planned Dev) in unincorporated Palm Beach County, offering flexibility for future development. This fee-simple ownership provides a stable, multi-tenant income stream with significant upside potential. The well-maintained exterior and spacious, well-designed units ensure continued tenant satisfaction and long-term value. The convenient location provides easy access to major highways, shopping, dining, and other amenities, making it highly desirable for both tenants and investors. This is a rare opportunity to acquire a high-performing retail property in a thriving market.