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First-Floor Office Suite
For Lease
$20 SF/Yr CAM $9.46 /USD/SF/YR

102-5114 Okeechobee Blvd, West Palm Beach, FL 33401

The suite combines an open work area with three private offices, including a corner office with windows on two sides.

Space Size1,384 SF
Days on Market14

Property Features for 102-5114 Okeechobee Blvd

General Information

Standard status Active
Size 1,384 SF
Net Rentable 1,384 SF
Total Parking Spaces 84
Lease Type NNN

Space & Availability

Available Space 1,384 SF
Contiguous Space 1,384 SF
Floor 1
Space Use Office
Condition Move-in Ready
Private Offices 3

Lease Terms

Lease Rate $20 /SF/YR
Total Rate $3,398
Monthly Rent $2,306
Rent per SF/Year $20
CAM $9.46 /SF/YR
Lease Term 120 months
Flexible Term Yes

Additional Details

Highway 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 26 Last Checked: Oct 26 at 2:12PM

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

Rey
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Investment Insights

Based on property information with market context.

This 1,384-square-foot office suite occupies the first floor at 5114 Okeechobee Blvd. Its layout includes an approximately 34-by-21-foot open work area and three private offices; the corner office has windows on two sides. Entry is just off the lobby, and the suite is vacant and available for viewing. Surgical and full medical uses are not permitted.

The property has frontage on Okeechobee Blvd, with approximately 68,500 vehicles per day. Florida’s Turnpike is about two minutes away, and I-95 is about six minutes away. Surface parking is provided, with 84 spaces.

Key Highlights

  • 1,384‑square‑foot office suite on the first floor
  • Open work area measures approximately 34' x 21', plus three private offices
  • Corner office has windows on two sides

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Pet Grooming Service (Bike/Boat/Book/etc) Store Auto Parts Store Veterinary Clinic Mobile Phone Store Daycare Center

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
NNN (Triple Net)
Lease Type
$3.00 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

4,201
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

$29.91 /SF/Yr
Avg Asking Price
$5.74–$77 /SF/Yr
Price Range
11,851 SF
Avg Space Size

This space is priced 33% below the average of $29.91 /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 - The suite combines an open work area with three private offices, including a corner office with windows on two sides.
Where is this office unit located?
The property is located at 102-5114 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: 1,384‑square‑foot office suite on the first floor; Open work area measures approximately 34' x 21', plus three private offices; Corner office has windows on two sides
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