For Sale | Great White Shark Enterprises Building | West Palm Beach, FL

Investment Overview

CBRE, Inc., acting as exclusive agent, is pleased to offer for sale the Great White Shark Enterprises Building (“Property”), which comprises a hurricane impact-resistant, tilt-wall, two-story office building situated within the 500-acre, beautifully landscaped, master-planned Vista Center. Constructed as a build-to-suit in 2008 for Greg Norman’s Great White Shark Enterprises, the building has incredible connectivity, redundant power supply, monitored security and high-quality office finishes, particularly within the owner’s second floor suite.

The offering is currently 100% occupied, with two tenants occupying the ground floor and Great White Shark Enterprises on the second floor. The owner is willing to sign a short-term, 18-month sale-leaseback that is cancellable by the Landlord with proper notice. This allows for ultimate flexibility while finding an alternative, long-term income stream for the second floor while collecting market rents during the search process.


Investment Highlights

•Hurricane impact-resistant, tilt-wall construction
•Master-planned business park setting with golf course views and extensive amenity base
•100% occupied asset with flexibility to occupy part or all of the Building
•Two of the three leases are cancellable by Landlord (unilateral right), allowing for an owner-user to take occupancy or for an investor to replace tenant(s) in favor of longer term income streams
•High-quality, Class “A” office finishes
•Redundant power supply
•Immediate access to Florida’s Turnpike via Okeechobee Boulevard
•Above-market parking ratio with covered, reserved spaces available
•Impeccably maintained by current owner-user since built in 2008

For more information on this investment offering please visit our website at:
https://www.cbremarketplace.com/greatwhiteshark

Learn more about our high return investment opportunities and industry leading team, visit us on the web: www.cbre.com/invsfcommercial 
 
 
2041 Vista Parkway
West Palm Beach, Florida

Investment Summary

Price...........................Unpriced
Building SF.................26,542 SF
Land Area...................2.16 acres
Occupancy..................100%
Built.............................2008
Zoning.........................PIPD
(Planned Industrial Park Dev.)


Exclusive Contacts

Scott O'Donnell
Senior Vice President
Investment Properties
+1 561 393 1602
scott.odonnell@cbre.com

Anthony Librizzi
First Vice President
Brokerage Services
+1 561 227 1808
anthony.librizzi@cbre.com

Gregory Miller
Associate
Investment Properties
+1 561 393 1605
gregory.miller3@cbre.com

Dominic Montazemi
First Vice President
Investment Properties
+1 561 393 1622
dominic.montazemi@cbre.com

Debt & Structured Finance
Jason Hochman
Vice President
Debt & Structured Finance
+1 305 381 6439
jason.hochman@cbre.com 

CBRE, Inc.
Licensed Real Estate Broker





  




 

Capital Markets | Investment Properties
::
BTS IN 2008 FOR GREG NORMAN'S GREAT WHITE SHARK ENTERPRISES HQ 
      

2041 Vista Parkway
West Palm Beach, Florida




 
Investment Summary

Price...........................Unpriced
Building SF.................26,542 SF
Land Area...................2.16 acres
Occupancy..................100%
Built.............................2008
Zoning.........................PIPD
(Planned Industrial Park Dev.)

 

Exclusive Contacts

Scott O'Donnell
Senior Vice President
Investment Properties
+1 561 393 1602
scott.odonnell@cbre.com

Anthony Librizzi
First Vice President
Brokerage Services
+1 561 227 1808
anthony.librizzi@cbre.com

Gregory Miller
Associate
Investment Properties
+1 561 393 1605
gregory.miller3@cbre.com

Dominic Montazemi
First Vice President
Investment Properties
+1 561 393 1622
dominic.montazemi@cbre.com
 

Debt & Structured Finance

Jason Hochman
Vice President
Debt & Structured Finance
+1 305 381 6439
jason.hochman@cbre.com 

CBRE, Inc.
Licensed Real Estate Broker

 

 

Investment Overview

CBRE, Inc., acting as exclusive agent, is pleased to offer for sale the Great White Shark Enterprises Building (“Property”), which comprises a hurricane impact-resistant, tilt-wall, two-story office building situated within the 500-acre, beautifully landscaped, master-planned Vista Center. Constructed as a build-to-suit in 2008 for Greg Norman’s Great White Shark Enterprises, the building has incredible connectivity, redundant power supply, monitored security and high-quality office finishes, particularly within the owner’s second floor suite.

The offering is currently 100% occupied, with two tenants occupying the ground floor and Great White Shark Enterprises on the second floor. The owner is willing to sign a short-term, 18-month sale-leaseback that is cancellable by the Landlord with proper notice. This allows for ultimate flexibility while finding an alternative, long-term income stream for the second floor while collecting market rents during the search process.
 


Investment Highlights
 

Hurricane impact-resistant, tilt-wall construction
 
Master-planned business park setting with golf course views and extensive amenity base

 

100% occupied asset with flexibility to occupy part or all of the Building
 

Two of the three leases are cancellable by Landlord (unilateral right), allowing for an owner-user to take occupancy or for an investor to replace tenant(s) in favor of longer term income streams
 

High-quality, Class “A” office finishes
 
Redundant power supply
 
Immediate access to Florida’s Turnpike via Okeechobee Boulevard
 
Above-market parking ratio with covered, reserved spaces available
 
Impeccably maintained by current owner-user since built in 2008
 

 


For more information on this investment offering please visit our website at:
https://www.cbremarketplace.com/greatwhiteshark



 

 

Learn more about our high return investment opportunities and industry leading team, visit us on the web: www.cbre.com/invsfcommercial 

 

  

 

toward a greener tomorrow


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