Freestanding Lockheed Martin Investment
1700 Broadway Riviera Beach, FL 33404
1700 Broadway, Riviera Beach, FL, 33404
Contact for pricing
For Sale
Contact for pricing
Single-tenant property with a long-term lease and annual rent increases.
Property Size20,500 SF
Price / SF$306.52
Days on Market121
Property Features for 1700 Broadway
General Information
- Standard status
- Active
- Size
- 20,500 SF
- Property subtype
- Industrial, Office, Retail
Building Details
- Year Built
- 1965
Listing agency
Horvath & Tremblay
Listed by
Kirk Felici · License #Fl : BK672851
Source
Crexi
Added: Mar 23 Updated: Jul 6 at 12:48PM Checked: Jul 6 at 12:48PM
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 Horvath & Tremblay
Investment Insights
Based on property information with market context.
The property is a freestanding single-tenant Lockheed Martin investment property located at 1700 Broadway in Riviera Beach, Florida. Lockheed Martin has occupied this location since 2004 and recently exercised a renewal option. The lease has 3+ years remaining on its double-net lease with three (3), 5-year renewal options. The lease includes 2% annual rent increases throughout the primary lease term and each of the renewal options. The property is positioned along Broadway (U.S. Route 1), a commercial and commuter corridor in Riviera Beach, offering frontage and visibility. It is located approximately 600 feet from the Riviera Beach Intracoastal Waterway and 0.6 miles from the Port of Palm Beach and Blue Heron Boulevard (Jimmy Buffett Memorial Highway), which provides access between the mainland and Singer Island. The surrounding area includes national retailers and restaurants, light industrial properties, and marinas. Nearby residential neighborhoods provide access to a local workforce. The property offers connectivity to Interstate 95 and is located near HCA Florida JFK North Hospital and St. Mary’s Medical Center, both within three miles.
Key Highlights
- Freestanding single‑tenant property leased to Lockheed Martin.
- Lockheed Martin has occupied the location since 2004 and recently exercised a renewal option.
- The double‑net lease has 3+ years remaining with three (3), 5‑year renewal options.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Specialty properties
Similar For Sale Nearby
FAQs
What type of property is this?
Specialty property - Single-tenant property with a long-term lease and annual rent increases.
Where is this specialty property located?
The property is located at 1700 Broadway Riviera Beach, FL.
What is the asking price?
The asking price for this property is $6,283,679.
What are key features of this property?
This property features: Freestanding single‑tenant property leased to Lockheed Martin.; Lockheed Martin has occupied the location since 2004 and recently exercised a renewal option.; The double‑net lease has 3+ years remaining with three (3), 5‑year renewal options.
