Search
Multi-Tenant Retail Center

1230 N MILITARY TR, West Palm Beach, FL 33409

For Sale
Contact for pricing

The renovated center combines occupied retail suites with available space and on-site parking.

Property Size70,025 SF
Lot Size6.70 Acres
Days on Market41

Property Features for 1230 N MILITARY TR

General Information

Standard status Active
Size 70,025 SF
Total Parking Spaces 317
Lot size 6.70 Acres
Property subtype Retail
Occupancy 83%
Net Operating Income $900,000

Site & Location

Corner Location Yes
Anchor Co-Tenants Family Dollar, Trulieve
Traffic Count 45,000 vehicles/day

Additional Details

Tenant in Place Yes

Building Details

Year Renovated 2019
Tenancy Multi
Listing Agency: Marcus & Millichap - Fort Lauderdale
Listed By: Douglas Mandel · License #FL SL3090637
Source: Crexi
Added: Sep 30 Changed: Nov 9 Last Checked: Nov 8 at 4:12PM

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 Marcus & Millichap - Fort Lauderdale

Rey
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

Palm Beach Commons is a 70,025-square-foot shopping center on 6.7 acres, renovated in 2019. The multi-tenant property is approximately 83% leased, with two vacant inline suites at 1316 and 1318 and a larger vacant space at 1334. Its tenant roster includes Family Dollar, Trulieve, and local and regional operators. Lease expirations are staggered through 2031.

The center fronts North Military Trail at its signalized intersection with Cherry Road, with approximately 45,000 vehicles passing daily. It is directly north of a Walmart Supercenter, just north of Belvedere Road, and northwest of Palm Beach International Airport. The property has 317 parking spaces.

Key Highlights

  • 70,025‑square‑foot multi‑tenant retail center on 6.7 acres
  • Approximately 83% leased; tenant roster includes Family Dollar and Trulieve
  • Renovated in 2019, with lease expirations staggered through 2031

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Metro by T-Mobile Mobile Phone Store Mar D' Plata ... Restaurant

Suggested Use

Top Pick Real Estate Agency Law Firm Parking Lot & Garage Big Box & Wholesale Store Hotel & Motel Building Supply

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

45,000 VPD
Traffic count
83%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

825
Businesses Nearby
Balanced
Demand for This Use

Demographics for 33409, FL

33,061
Population
13,715
Households
2.4
Avg Household Size
34
Median Age
27%
College-Educated
80%
High-School Grad
6.3 sq mi
ZIP Area
5,248
Density / Sq Mi
$65,206
Median Household Income
$34,994
Median Earnings
$1,633
Median Rent
$282,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025

Similar Off Market Nearby

  • Golfview Shopping Plaza — 854 N Military Trl, West Palm Beach, FL 33415
  • Tapiatya — 3819 Westgate Ave, West Palm Beach, FL 33409
  • Pine Trail Square LLC — 1951 n military trl, west palm beach, fl 33409
  • Cross County Plaza — 4348 Okeechobee Blvd, West Palm Beach, FL 33409

Frequently Asked Questions

What type of property is this?
Shopping center - The renovated center combines occupied retail suites with available space and on-site parking.
Where is this shopping center located?
The property is located at 1230 N MILITARY TR West Palm Beach, FL.
What are key features of this property?
This property features: 70,025‑square‑foot multi‑tenant retail center on 6.7 acres; Approximately 83% leased; tenant roster includes Family Dollar and Trulieve; Renovated in 2019, with lease expirations staggered through 2031
(954) 245-3465 Call to check price and availability
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

Ask Rey → ChatGPT Grok Claude
Preferred Make Realmo a preferred source.

Our comps and market reports get this label in your Google results.

Add as a preferred source on Google One click on Google
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message
Why this one?
Saved