Listing Agency: NAI Merin Hunter Codman, Inc.| West Palm Beach j***@mhcreal.com Show Phone

Listed By: Jason L. Sundook · License #602243 Show Phone

Source: Moodyscre

Added: May 23, 2024 Changed: Jul 6 Last Checked: Jul 21 at 6:31AM

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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 NAI Merin Hunter Codman, Inc.| West Palm Beach

Investment Insights

Based on property information with market context.

This property offers a unique office space situated in a lush and luxurious setting. It features modern and contemporary upgrades. The location is one of Palm Beach Gardens’ most recognized and prestigious corporate addresses, offering water views. On-site property management is provided. A fitness center with Peloton Bikes is available. Covered parking is included. The property offers flexible terms and generous improvement allowances. The property contains 1,030 square feet.

Key Highlights

• Prestigious Palm Beach Gardens corporate address
• Gorgeous water views
• Exclusive on‑site fitness center with Peloton Bikes

Property Analytics

Current Use

Isalis (Bike/Boat/Book/etc) Store Party City Party Supply Store Skunk Funk Big Box & Wholesale Store Carl's Trading Co Hat Shop Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Law Firm Real Estate Agency Hotel & Motel Dental Office Storage Facility (Bike/Boat/Book/etc) Store

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

NNN (Triple Net)

Lease Type

$5.55 /SF/Yr

CAM

Location Intelligence

Trade Area within ½ mile

1,763

Businesses Nearby

Explore this area Business Placement

Market

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

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Office units - Unique office space with fitness center and water views.

Where is this office units located?

The property is located at 11770 US Hwy 1 North Palm Beach, FL.

What is the lease rate?

The lease rate is $37 SF/Yr.

What are key features of this property?

This property features: Prestigious Palm Beach Gardens corporate address; Gorgeous water views; Exclusive on‑site fitness center with Peloton Bikes