Listing Agency: Cohen Commercial i***@cohencommercial.com Show Phone

Listed By: Bryan Cohen · License #BK667105 Show Phone

Source: Moodyscre

Added: Feb 14, 2024 Changed: Jul 6 Last Checked: Jul 21 at 7:01AM

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Investment Insights

Based on property information with market context.

This property offers prime office/retail space. It is located within minutes of Palm Beach International Airport and Interstate 95, providing convenient access. The site benefits from high visibility along the main road, situated directly across from Drive Shack. More than 35,796 vehicles pass by the location each day. The property is under new ownership. The available space measures 2,500 square feet.

Key Highlights

• Prime office/retail space available
• Great visibility along the main road directly across from Drive Shack
• More than 35,796 vehicles pass by the site per day

Property Analytics

Property Profile

Current Use

Latin Cafe and Taste ... Restaurant

Suggested Use

Top Pick Dental Office Nail Salon Parking Lot & Garage Daycare Center (Bike/Boat/Book/etc) Store Pharmacy

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

Location Intelligence

Trade Area within ½ mile

1,137

Businesses Nearby

Explore this area Business Placement

Market

Lease Benchmarks for West Palm Beach, FL

$27.61 /SF/Yr

Avg Asking Price

$2.77–$60 /SF/Yr

Price Range

3,941 SF

Avg Space Size

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

Questions? Ask Rey

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What type of property is this? Where is this office units located? What is the lease rate? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Office units - Office/retail space with high visibility near Palm Beach Airport.

Where is this office units located?

The property is located at 1709 Belvedere Rd West Palm Beach, FL.

What are key features of this property?

This property features: Prime office/retail space available; Great visibility along the main road directly across from Drive Shack; More than 35,796 vehicles pass by the site per day