2000 Federal HwyDelray Beach, FL 33483

This exceptional Class A mixed-use property, located at 2000 N Federal Hwy in Delray Beach, Florida, presents a compelling value-add investment opportunity. The 22,075 square foot building, constructed in 1975, sits on a 1.033-acre lot (approximately 170' x 231') and features a blend of retail and traditional office space across two stories. Currently boasting 60% occupancy across its eight units, the property generates a strong NOI of $600,000, yielding a 7.72% cap rate at an asking price of $7,775,000. The property benefits from a NNN lease structure and offers significant upside potential through rent bumps and the revitalization of the surrounding area, which includes the construction of million-dollar homes nearby. Ample parking is available with 65 spaces. The property's prime location on busy Federal Highway ensures high visibility and accessibility. The Palm Beach County address (APN: 12434604000007060) and zip code 33483 further solidify its desirable location. This is a rare chance to acquire a well-positioned mixed-use asset in a thriving market.