Jupiter, FL 33458,1284 S Park Ln S
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Jupiter, FL 33458,1284 S Park Ln S
Jupiter, FL 33458,1284 S Park Ln S
Jupiter, FL 33458,1284 S Park Ln S
Jupiter, FL 33458,1284 S Park Ln S

$7,950,000

Est. payment /mo

$8,950,000

11.2%
Est.Price: ?

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1284 S Park Ln S Jupiter, FL 33458

22,365 SqFt

SOLD DATE : 08/01/2023

Key Details

Sold Price $7,950,000

Property Type Commercial

Sub Type Industrial

Listing Status Sold

Purchase Type For Sale

Square Footage 22,365 sqft

Price per Sqft $355

MLS Listing ID A11355444

Sold Date 08/01/23

Style Detached

Construction Status Resale

HOA Y/N No

Year Built 1998

Annual Tax Amount $77,525

Contingent No Contingencies

Lot Size 3.740 Acres

Acres 3.74

Property Description

NNN Investment Deal: Originally constructed as a build-to-suit in 1997, the Blue Triton Jupiter location serves as a mission-critical facility to service one of the largest distribution markets in the country, South Florida. The Property is located in Jupiter Park of Commerce and is currently, 100% leased through July 2033 with two (2) five (5) year options to Blue Triton, formerly known as Nestlé Waters, the world’s largest distributor of bottled water. Blue Triton/Nestlé Waters is wholly owned by One Rock Capital Partners Metropoulos, a food and beverage conglomerate headquartered in Connecticut. This location serves as a regional distribution hub servicing markets south to Boca Raton and north to Vero Beach. The net lease is guaranteed by Blue Triton.

Location

State FL

County Palm Beach County

Area 5100

Exterior

Waterfront No

Roof Type Metal

Parking Type Common

Total Parking Spaces 90

Building

Story 1

Architectural Style Detached

Level or Stories One

Structure Type Modular/Prefab

Construction Status Resale

Others

Tax ID 30424109030000270

Ownership Corporation

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash

Special Listing Condition Corporate Listing

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Listed by The Keyes Company
Bought with The Keyes Company

Stephen Michalakos

Senior Real Estate Advisor | License ID: SL3408427

+1(727) 601-8676

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