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RJS Realty Group, Inc., as exclusive agent, is pleased to present for sale the Linton Center, an exceptionally situated and established three-building office complex totaling 84,819 square feet. This property has room for potential additional development or is an excellent candidate for redevelopment on this strategically located site containing 9.94 acres. The complex is located at the highly visible corner of Linton Boulevard and Federal Highway in bustling Delray Beach, Florida.
Linton Center is situated at the highly visible southeast corner of Linton Boulevard and Federal Highway. The site sits just 1.1 miles east of I-95; has access via the Intracoastal Bridge (just east of the property) to the Atlantic Ocean which lies ½ mile to the east; and is just 1.5 miles south of dynamic Delray Beach’s bustling Atlantic Avenue. Affluent Boca Raton is just 1.5 miles south.
INVESTMENT HIGHLIGHTS:
Enticing Renovation/Redevelopment Opportunity - Under its current zoning and existing FAR the parcel can potentially accommodate approximately 50,000 additional square feet of commercial space. If successfully rezoned for example to General Commercial, Planned Commercial, or Specialty Activities District, there are numerous possibilities for coverage and product type.
Historically Well-Occupied – In 2006 & 2007, prior to the general market downturn, these buildings were 100% occupied.
Access – the site has three main points of ingress/egress; two along Linton Blvd. (one with full median cut), and one on northbound Federal Highway. The site features 636 feet of frontage along Federal Highway and 1,270 feet along Linton Boulevard.
Tenancy - A number of the tenants, including Bank of America (4,459 square feet) and ICN, Ltd. (9,776 square feet) have been in occupancy since the 1980's.
Population - 3 Miles - 65,709 / 5 Miles - 141,511
Average Household Income - 3 Miles - $86,142 / 5 Miles - $83,648
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