2051 Dr Martin Luther King Jr Blvd Riviera Beach, FL
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Well-maintained Class B office building with government tenants.
Type:OFFICE
Property size:
60,969 SFLot size:
5.94 Acres- Added:
- Jan 24, 2022
- Days on Market:
- 1548
- Last Refresh:
- Apr 5 at 9:09 pm
Property Features for 2051 Dr Martin Luther King Jr Blvd
General Information
- Standard status
- Active
- Size
- 60,969 SF
- Lot size
- 5.94 Acres
- Property subtype
- OFFICE
Listing agent Mark M. Rubin License #SL3315028 (561) 302-2511
Listing office Colliers | Boca Raton (561) 302-2511
Listing date Jan 24, 2022
Source Moodyscre
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 Colliers | Boca Raton
Overview
Updated Office Building in Riviera
Port Center is a well-maintained, three-story Class B office building centrally located in Riviera Beach. The property has been recently updated and features an impressive rent roll of Government tenants. Recent leasing activity has raised the in-place income and extended the lease terms. The property has a strong location serving the Class-B office market of West Palm Beach, with excellent access to the I-95 highway. The meticulously maintained asset has had over $400,000 in recent upgrades and features timeless architecture with no deferred maintenance. The property contains 60969 square feet.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Office buildings
Location Insight
- Map
- Local Demand
- City
- Riviera Beach
- County
- Palm Beach
- State
- Florida
- Longitude
- -80.0891
- Latitude
- 26.769
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FAQs
What type of property is this?
Office building - Well-maintained Class B office building with government tenants.
Where is this office building located?
The property is located at 2051 Dr Martin Luther King Jr Blvd Riviera Beach, FL.
What are key features of this property?
This property features: Strong in‑place rent (average of $23.29 PSF) with potential to increase rents as leases roll over.; Impressive rent roll of Government tenants.; Meticulously maintained asset with over $400,000 in recent upgrades and no deferred maintenance.
