BiggerPockets

Enterprise National Bank Building sale in NPB

Tuesday, June 09

North Palm Beach - The Enterprise National Bank Building has sold for $4 million or $192.59 per square foot. This is a two-story mixed-use building located at 11811 U.S. Highway 1, in North Palm Beach.
The Buyer was Urban Realty Partners.
CB Richard Ellis arranged the sale. Scott O’Donnell, senior V.P. with the Private Client Group in Boca Raton, and Dominic Montazemi, senior associate with the Private Client Group in Boca Raton, were the brokers on the sale. They exclusively represented the seller, in this transaction.
The 20,770-square-foot building is anchored by Enterprise National Bank, which features a three-lane bank drive-through and also has a Melting Pot restaurant.
This distinguished location has major frontage on U.S. 1. It is just north of a popular Signalized Corner of PGA Boulevard and US Highway 1.

"Florida NNN Commercial Real Estate"
"NNN Palm Beach Corner"

http://nnncorners.blogspot.com/

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