155 East Blue Heron Boulevard, Riviera Beach

155 East Blue Heron Boulevard is a fully occupied, four-story office building spanning 46,860 square feet in Riviera Beach, Florida. Constructed in 1988, the property is strategically located in a growing submarket with strong connectivity to surrounding areas. The asset sits on 2.10 acres and offers surface parking with a ratio of 3.26 spaces per 1,000 square feet, accommodating 153 vehicles.

Classified as a Class B office property, it provides an attractive opportunity for investors seeking stable cash flow and long-term value. The property is offered at $10,500,000, reflecting a competitive price of $224 per square foot. It generates an in-place NOI of $710,092. With 100% occupancy and no immediate lease rollover, the asset delivers reliable income with minimal risk.

Operating expenses are efficiently managed at $9.62 per square foot, further enhancing the investment's appeal. This is a prime opportunity to acquire a well-positioned office asset in a thriving market with strong fundamentals and a solid tenancy profile.