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Prime Clematis Street Retail Space
For Lease
$5,000/Mo
Pending

428 Clematis St, West Palm Beach, FL 33401

1200 SF retail/office space in the heart of West Palm.

Space SizeContact for details
Property Size1,200 SF
Lot Size0.24 Acres
Days on Market157

Property Features for 428 Clematis St

General Information

Standard status Pending
Size 1,200 SF
Lot size 0.24 Acres
Property subtype Commercial

Taxes and HOA fees

Annual Taxes $35,703

Building Details

Building Size 1,200 SF
Year Built 1958
Stories 1
Units 1
Listing Agency: Touchstone Webb Realty Company
Listed By: Arron Thomas · License #3299876
Source: Elliman
Added: Mar 10 Changed: Aug 8 Last Checked: Aug 8 at 4:42AM

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 Touchstone Webb Realty Company

Investment Insights

Based on property information with market context.

This 1200 sq/ft unit is suitable for local or national retail, restaurant, sidewalk cafe, specialty shop, design store, or office use. It is centrally located in the 400 block of Clematis and the corner of US-1 in the heart of West Palm Beach, on the main strip of dining, shopping, and entertainment venues. The unit will be conveyed as a whitewall space with a generic bathroom. The owner is willing to assist with tenant improvements for the right tenant. Plumbing and gas lines are planned to be installed for a possible kitchen. The property is located 250 ft from the Brightline passenger fast train and 800 ft from Clematis Parking Garage. It is also located approximately 1/4 mile from the Clematis fountains, Flagler waterfront, Meyer Amphitheater, Rosemary Square, City Hall, and the Palm Beach County Court House, and approximately 1/2 mile from the WPB Convention Center and Kravis center. Palm Beach International Airport is 3.5 miles away, with easy access to I-95 and Palm Beach Island. Note that there is no rear exit.

Key Highlights

  • Prime location on Clematis Street, the main strip for dining, shopping, and entertainment in West Palm Beach.
  • Centrally located at the corner of US‑1, offering high visibility and accessibility.
  • Close proximity (250 ft) to the Brightline passenger fast train.

Property Analytics

Current Use

Peachwave of West Palm ... Cafe & Coffee Shop

Suggested Use

Top Pick Pet Grooming Service Auto Parts Store (Bike/Boat/Book/etc) Store Locksmith Mobile Phone Store Tanning Salon

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
$7.50 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

5,624
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

$65.53 /SF/Yr
Avg Asking Price
$14–$444 /SF/Yr
Price Range
3,934 SF
Avg Space Size

This space is priced 24% below the average of $65.53 /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?
Retail space - 1200 SF retail/office space in the heart of West Palm.
Where is this retail space located?
The property is located at 428 Clematis St West Palm Beach, FL.
What is the lease rate?
The lease rate is $5,000/Mo.
What are key features of this property?
This property features: Prime location on Clematis Street, the main strip for dining, shopping, and entertainment in West Palm Beach.; Centrally located at the corner of US‑1, offering high visibility and accessibility.; Close proximity (250 ft) to the Brightline passenger fast train.
More about this property
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