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Shopping Center with Drive-Through
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2863 Northlake Blvd, West Palm Beach, FL 33403

Multi-tenant retail property with full occupancy, multiple access points, on-site parking, and a drive-thru window.

Property SizeContact for details
Days on Market144

Property Features for 2863 Northlake Blvd

General Information

Standard status Active
Total Parking Spaces 56
Property subtype Retail
Occupancy 100%

Site & Location

Drive-Thru Yes
Traffic Count 97,000 vehicles/day
Road Access Yes

Building Details

Tenancy Multi
Listing Agency: Marcus & Millichap - Fort Lauderdale
Listed By: Alan Lipsky · License #FL SL3279054
Source: Crexi
Added: Apr 11 Changed: Aug 31 Last Checked: Aug 30 at 4:52PM

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

Investment Insights

Based on property information with market context.

Northlake Plaza is a multi-tenant retail shopping center comprising more than 15,000 square feet at 2863 Northlake Blvd in West Palm Beach. The property provides four ingress and egress points, a drive-thru window, and 56 parking spaces. Occupancy is reported at 100 percent, with annual rent increases included in all tenant agreements and rents current across the tenancy.

The center sits near Northlake Boulevard and Old Dixie Highway, where combined daily traffic is reported at 97,000 vehicles. Interstate 95 is one mile away and carries approximately 187,500 vehicles daily. A large retail center across the street is anchored by Burlington, Hobby Lobby, and Staples, with Lowe’s, Target, Kohl’s, Costco, Publix, The Home Depot, and other national retailers also located nearby. Palm Beach State College is three miles away and has more than 28,500 students enrolled.

Key Highlights

  • More than 15,000 square feet of multi‑tenant retail space
  • 100 percent occupied with annual rent increases for all tenants
  • Four ingress and egress points plus a drive‑thru window

Property Analytics

Current Use

Jon Smith Subs Take-out & Catering Yin Can Cook Restaurant Little Caesars Pizza Restaurant SalonCentric (Bike/Boat/Book/etc) Store Plato's Closet of Palm ... Clothing & Fashion Store

Suggested Use

Top Pick Daycare Center (Bike/Boat/Book/etc) Store Butcher Florist Hotel & Motel Bed & Breakfast

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

97,000 VPD
Traffic count
100%
Occupancy
Multi-tenant
Tenancy
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

1,505
Businesses Nearby
Under-served
Demand for This Use

Demographics for 33403, FL

13,779
Population
5,906
Households
2.3
Avg Household Size
38
Median Age
26%
College-Educated
86%
High-School Grad
3.3 sq mi
ZIP Area
4,175
Density / Sq Mi
$69,050
Median Household Income
$34,019
Median Earnings
$1,426
Median Rent
$340,100
Median Home Value

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
Rey
Questions? Ask Rey
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Similar Off Market Nearby

  • TruGardens 1250 Old Dixie Hwy #2, Lake Park, FL 33403
  • Northlake Square Unnamed Road, Palm Beach Gardens, FL 33403

Frequently Asked Questions

What type of property is this?
Shopping center - Multi-tenant retail property with full occupancy, multiple access points, on-site parking, and a drive-thru window.
Where is this shopping center located?
The property is located at 2863 Northlake Blvd West Palm Beach, FL.
What are key features of this property?
This property features: More than 15,000 square feet of multi‑tenant retail space; 100 percent occupied with annual rent increases for all tenants; Four ingress and egress points plus a drive‑thru window
(561) 706-9646 Call to check price and availability
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