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

112-5114 Okeechobee Blvd, West Palm Beach, FL 33401

Six enclosed rooms and a central hall provide a defined layout for office operations.

Space Size1,229 SF
Days on Market9

Property Features for 112-5114 Okeechobee Blvd

General Information

Standard status Active
Size 1,229 SF
Net Rentable 1,229 SF
Total Parking Spaces 84
Lease Type NNN

Space & Availability

Available Space 1,229 SF
Contiguous Space 1,229 SF
Floor 1
Space Use Office
Condition Move-in Ready

Lease Terms

Lease Rate $20 /USD/SF/YR
Total Rate $3,017
Monthly Rent $2,048
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 2:41AM

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.

This 1,229-square-foot office suite occupies the first floor at 5114 Okeechobee Blvd. Its layout includes six enclosed rooms organized around a central hall, a utility closet, and two offices with windows—one at the front and one with windows on two walls. The suite is vacant and available for showing. Surgical and full medical uses are not permitted.

The property has 84 free surface parking spaces and frontage on Okeechobee Blvd, which carries approximately 68,500 vehicles per day. Florida’s Turnpike is about two minutes away, and I-95 is about six minutes away. Preferred lease terms run from 3 to 10 years, with flexibility in guarantee structures.

Key Highlights

  • 1,229 SF first‑floor office suite with six enclosed rooms
  • Central hall layout with a utility closet
  • Front office has a window; corner office has windows on two walls

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
Yes
Paved road 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

$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 - Six enclosed rooms and a central hall provide a defined layout for office operations.
Where is this office unit located?
The property is located at 112-5114 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: 1,229 SF first‑floor office suite with six enclosed rooms; Central hall layout with a utility closet; Front office has a window; corner office has windows on two walls
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