3 Coastal Retail Units – Fully Leased Investment

Discover a prime coastal investment opportunity in Lake Worth Beach, featuring three fully leased commercial units just steps from the Intracoastal and Downtown Lake Ave. Built in 2018, this modern 3,415 sq. ft. mixed-use property delivers strong, predictable income with annual rent escalations and low maintenance.

Each space is occupied by stable tenants—a gym, café, and barber shop—on renewable 3-year leases with 5% annual rent increases. With a current cap rate of approximately 6.2% and a stabilized projection of 8.2%, this asset is perfectly positioned for long-term growth and appreciation.

Highlights:

Asking Price: $1,700,000

100% Leased (Gym, Café & Barber Shop)

Total Building Size: 3,415 sq. ft.

Built in 2018 – modern, low-maintenance construction

Annual Rent: $105,600 | Projected Year 5 Rent: $128,359

CAM ($755/month) includes taxes, insurance, and HOA

5% annual rent increase = 25% income growth in 5 years

Prime coastal corridor near Bryant Park and Gulfstream Hotel redevelopment

Seller open to cash, conventional, or cryptocurrency transactions

This property sits in a thriving location within walking distance of Lake Worth Beach and the Intracoastal Waterway, with strong tenant demand and future appreciation fueled by upcoming area development. Perfect for hands-off investors seeking steady returns and long-term coastal value.