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Office Suite with Enclosed Offices
For Lease
$20 SF/Yr CAM $9.46 /USD/SF/YR

101-5114 Okeechobee Blvd, West Palm Beach, FL 33401

A first-floor layout includes a reception foyer, private restroom, and dedicated storage space.

Space Size1,475 SF
Days on Market9

Property Features for 101-5114 Okeechobee Blvd

General Information

Standard status Active
Size 1,475 SF
Net Rentable 1,475 SF
Total Parking Spaces 84
Lease Type NNN

Space & Availability

Available Space 1,475 SF
Contiguous Space 1,475 SF
Floor 1
Space Use Office
Condition Move-in Ready
Sublease No
Available From Immediate
Private Offices 6

Lease Terms

Lease Rate $20 /USD/SF/YR
Total Rate $3,621
Monthly Rent $2,458
Rent per SF/Year $20
CAM $9.46 /USD/SF/YR
Lease Term 120 months
Flexible Term Yes

Site & Location

Highway Access Yes
Road Access Yes

Taxes and HOA fees

Annual Taxes $95,523
Listing Agency: COMPASS FLORIDA LLC
Listed By: Brad Kuskin · License #3333122
Source: Exprealty
Added: Oct 14 Changed: Oct 21 Last Checked: Oct 21 at 2:26AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of COMPASS FLORIDA LLC

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Investment Insights

Based on property information with market context.

The 1,475-square-foot first-floor office suite is arranged with six enclosed offices connected by a central hall. A reception foyer with a window, a private restroom within the suite, and a utility and storage room round out the layout. The space is offered for lease, with preferred terms of 3 to 10 years and flexibility in guarantee structures.

The property fronts Okeechobee Blvd, with approximately 68,500 vehicles per day. It is about 2 minutes from Florida's Turnpike and 6 minutes from I-95, and the site has 84 free surface parking spaces. Surgical and full medical uses are not permitted.

Key Highlights

  • 1,475 square feet on the first floor
  • Six enclosed offices arranged off a central hall
  • Reception foyer with window, private restroom, and utility/storage room

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Pet Grooming Service Mobile Phone Store Veterinary Clinic Adult Day Care Supermarket

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access
Yes
Paved road access
NNN (Triple Net)
Lease Type
$3.00 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

4,654
Businesses Nearby

Demographics for 33401, FL

31,302
Population
19,051
Households
1.6
Avg Household Size
40
Median Age
42%
College-Educated
89%
High-School Grad
5.1 sq mi
ZIP Area
6,138
Density / Sq Mi
$60,942
Median Household Income
$39,932
Median Earnings
$1,774
Median Rent
$430,900
Median Home Value

Market

Lease Benchmarks for West Palm Beach, FL

$30.43 /SF/Yr
Avg Asking Price
$5.74–$77 /SF/Yr
Price Range
11,343 SF
Avg Space Size

This space is priced 34% below the average of $30.43 /SF/Yr.

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025

Frequently Asked Questions

What type of property is this?
Office unit - A first-floor layout includes a reception foyer, private restroom, and dedicated storage space.
Where is this office unit located?
The property is located at 101-5114 Okeechobee Blvd West Palm Beach, FL.
What is the lease rate?
The lease rate is $20 SF/Yr.
What are key features of this property?
This property features: 1,475 square feet on the first floor; Six enclosed offices arranged off a central hall; Reception foyer with window, private restroom, and utility/storage room
More about this property
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