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1450 Centrepark Blvd, West Palm Beach, FL 33401

Flexible office suites in an institutional business park setting with garage and surface parking available.

Property Size3,411 SF
Days on Market662

Property Features for 1450 Centrepark Blvd

General Information

Standard status Active
Size 3,411 SF
Property subtype OFFICE
Lease Type SF/yr

Additional Details

Space Use Office

Amenities

Nature's Way Café
fitness center
building signage
Listing Agency: Cushman & Wakefield | West Palm Beach
Listed By: Tara England
Source: Moodyscre
Added: Oct 9, 2024 Changed: Jul 30 Last Checked: Aug 1 at 6:53AM

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 Cushman & Wakefield | West Palm Beach

Investment Insights

Based on property information with market context.

This institutional office suite is located within Centrepark, a business park that includes three existing office buildings and Homestead Village. The space offers spec suites with flexible floor plans, making it suitable for a range of office users. The property includes both garage and surface parking.

Centrepark provides an on-site Nature’s Way Café and free use of the fitness center for all tenants. Building signage is also available, supporting tenant branding and visibility within the business park.

The available office space totals 3,411 SF and is part of a campus-like environment designed for day-to-day workplace operations.

Key Highlights

  • 3,411 SF office suite within Centrepark business park
  • Flexible spec suites and flexible floor plans
  • Garage and surface parking available

Property Analytics

Current Use

Security 101 - Corporate Security Service FedEx Drop Box Postal Service Beatriz T. Guillama, ... Pharmacy Soliant Health Pharmacy FordHarrison LLP Law Firm

Suggested Use

Top Pick Dental Office Nail Salon Parking Lot & Garage (Bike/Boat/Book/etc) Store Pharmacy Grocery & Convenience 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
$3.45 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,997
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

$24.74 /SF/Yr
Avg Asking Price
$2.98–$60 /SF/Yr
Price Range
4,490 SF
Avg Space Size

This space is priced 7% below the average of $24.74 /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
Rey
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Frequently Asked Questions

What type of property is this?
Office units - Flexible office suites in an institutional business park setting with garage and surface parking available.
Where is this office units located?
The property is located at 1450 Centrepark Blvd West Palm Beach, FL.
What is the lease rate?
The lease rate is $23 SF/Yr.
What are key features of this property?
This property features: 3,411 SF office suite within Centrepark business park; Flexible spec suites and flexible floor plans; Garage and surface parking available
(561) 227-2070 Call to check price and availability
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