Leased Shopping Center with New
For Sale
$2,299,000
1225 N Military Trail, West Palm Beach, FL 33409
Commercial Sale, West Palm Beach, FL
Property Size9,096 SF
Lot Size0.80 Acres
Price / SF$252.75
Days on Market342
Property Features for 1225 N Military Trail
General Information
Property type
Residential
Property subtype
Retail
Zoning
CG
Bathrooms
9
Full bathrooms
9
Rooms
Bathroom 5, Bathroom 4, Bathroom 2, Bathroom 7, Bathroom 9, Bathroom 1, Bathroom 8, Bathroom 3, Bathroom 6
Directions
North of Okeechobee Blvd. West side of N. Military Trail
Subdivision
5500
Standard status
Active
APN
00424325050000130
Size
9,096 SF
Lot size
0.80 Acres
Taxes and HOA fees
Tax Year
2024
Tax Description
WEST PARK REPL TR 13 (LESS E 3 FT RD R/W & S 5 FT)
Tax Annual Amount
19999
Legal Description
WEST PARK REPL TR 13 (LESS E 3 FT RD R/W & S 5 FT)
Utilities
Sewer type
Public Sewer
Heating system
Electric (Heating), Central
Cooling system
Central Air
Water source
Public
Building Details
Year built
1976
Floors in Building
1
Number of units
9
Building materials
CBS, Concrete
Roof type
Built-Up
Listing Agency:
Florida Realty Brokers Inc.
(561) 845-0609
Listed By:
Michael S Horowitz · License #3028626
(561) 644-3434
Added: Nov 2, 2025
Changed: Oct 1
Last Checked: Oct 9 at 10:06AM
MLS# R11138556
Copyright © 2026 BeachesMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 9,096-square-foot shopping center sits on 0.8 acres and is currently 100% leased. The 1976 building features CBS and concrete construction, a built-up roof that has been replaced, fresh exterior paint, and a recently restriped parking lot with updated landscaping. Central air conditioning, electric central heat, public water, and public sewer support the property. The center includes nine bathrooms and operates with modified gross leases; six of the seven tenants have maintained long-term occupancy.
Located at 1225 N Military Trail in West Palm Beach, the property has two entrances and exits, along with two illuminated sign posts. The site is zoned CG and is within an opportunity zone. Its retail-center configuration, existing tenant occupancy, and completed exterior work provide a clear operating profile for commercial ownership.
Located at 1225 N Military Trail in West Palm Beach, the property has two entrances and exits, along with two illuminated sign posts. The site is zoned CG and is within an opportunity zone. Its retail-center configuration, existing tenant occupancy, and completed exterior work provide a clear operating profile for commercial ownership.
Key Highlights
- 9,096‑square‑foot shopping center on 0.8 acres
- 100% leased with 6 of 7 tenants in long‑term occupancy
- New roof, fresh exterior paint, restriped parking lot, and updated landscaping
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$128,592
Cap Rate
5.59%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,571,840
$2.6M
Cap Rate 7%
$1,837,029
$1.8M
Cap Rate 9%
$1,428,800
$1.4M
Market Conditions
NOI Build-Up for 9,096 SF
Gross rent
$196.5K $21.60/SF
− Vacancy
−$12.8K −$1.40/SF
EGI
$183.7K $20.20/SF
− OpEx
−$55.1K −$6.06/SF
NOI
$128.6K $14.14/SF
Area
West Palm Beach, FL
Vacancy
6.50%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,571,840
Cap Rate 7%
$1,837,029
Cap Rate 9%
$1,428,800
Alternative Uses
Best Use
Retail
$1.84M
$1.61M – $2.14M
NOI $128,592 @ 7.0% cap · market cap 5.59%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$6.41M
$5.61M – $7.47M
NOI $448,414 @ 7.0% cap · market cap 19.50%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
798
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 33409, FL
33,061
Population
13,715
Households
2.4
Avg Household Size
34
Median Age
27%
College-Educated
80%
High-School Grad
6.3 sq mi
ZIP Area
5,248
Density / Sq Mi
$65,206
Median Household Income
$34,994
Median Earnings
$1,633
Median Rent
$282,900
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in South region
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Similar Off Market Nearby
- Golfview Shopping Plaza — 854 N Military Trl, West Palm Beach, FL 33415
- Tapiatya — 3819 Westgate Ave, West Palm Beach, FL 33409
- Pine Trail Square LLC — 1951 n military trl, west palm beach, fl 33409
- Cross County Plaza — 4348 Okeechobee Blvd, West Palm Beach, FL 33409
Frequently Asked Questions
What type of property is this?
Shopping center - Fully occupied retail center with refreshed exterior improvements, prominent signage, and convenient property access.
Where is this shopping center located?
The property is located at 1225 N Military Trail West Palm Beach, FL.
What is the asking price?
The asking price for this property is $2,299,000.
What are key features of this property?
This property features: 9,096‑square‑foot shopping center on 0.8 acres; 100% leased with 6 of 7 tenants in long‑term occupancy; New roof, fresh exterior paint, restriped parking lot, and updated landscaping
