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Lantana Retail Center For Sale

503 Ridge Rd, Lantana, FL 33462

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For Sale

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Retail center adjacent to Publix with value-add potential.

Type:Retail

Property size:

10,862 SF

Lot size:

0.78 Acres

Price / SF:

$322/SF

HighLights

Adjacent to a high‑performing Publix grocery store, ensuring consistent customer traffic.
Located in a densely populated area with over 252,000 residents within a 5‑mile radius.
High daily traffic counts exceeding 36,500 vehicles on Lantana Rd.
Value‑add potential with various lease opportunities available.
Surrounded by over 700 recently developed residential apartment units.
Strong demographics with average household incomes of $81,983 within 1 mile.

We can help!

Contact an agent

Deno Bistolarides

For Sale

Contact for pricing

Retail center adjacent to Publix with value-add potential.

Type:Retail

Property size:

10,862 SF

Lot size:

0.78 Acres

Price / SF:

$322/SF

Added:: Mar 18, 2026
Days on Market:: 103
Last Refresh:: Mar 20 at 12:22 am

Property Features for 503 Ridge Rd

General Information

Standard status: Active
Size: 10,862 SF
Lot size: 0.78 Acres
Property subtype: Retail

Building Details

Year Built: 2005

We can help!

Contact an agent

Deno Bistolarides

Listing office Encore Real Estate Investment Services

Listing date Mar 18, 2026

Source Crexi

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 Encore Real Estate Investment Services

HighLights

Adjacent to a high‑performing Publix grocery store, ensuring consistent customer traffic.
Located in a densely populated area with over 252,000 residents within a 5‑mile radius.
High daily traffic counts exceeding 36,500 vehicles on Lantana Rd.
Value‑add potential with various lease opportunities available.
Surrounded by over 700 recently developed residential apartment units.
Strong demographics with average household incomes of $81,983 within 1 mile.

Overview

The retail center located at 503-523 Ridge Rd, Lantana, FL 33462, offers a prime investment opportunity in Palm Beach County, FL. This 10,862 square foot retail center is adjacent to a high-performing Publix grocery store. Situated on 0.78 acres, the property features five units. The location is near major retailers such as Costco, McDonald's, and Dunkin. The area has over 700 recently developed residential apartment units. The location benefits from a densely populated area with over 252,000 residents within a 5-mile radius. Daily traffic counts exceed 36,500 vehicles on Lantana Rd. The average household incomes are $81,983 within 1 mile. The property offers value-add potential and significant income potential.

Local Financial Insights For Retail

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$286.8k	$26.40
− Vacancy	−$24.4k	−$2.24
EGI	$262.4k	$24.16
− OpEx	−$78.7k	−$7.25
NOI	$183.7k	$16.91

10,862 SF · lease $26.40/SF/yr · vacancy 8.50% · expense 30.00%

Alternative Uses

Best Use

Retail

$2.62M

$2.30M – $3.06M (±1% cap)

NOI $183,668 @ 7.0% cap · market cap 5.25%

Second Best

—

no second resolved use

Theoretical Best

Office A

$7.65M

$6.69M – $8.92M (±1% cap)

NOI $535,474 @ 7.0% cap · market cap 15.30%

Zoning and permitted uses should be independently verified with local authorities.

Property Profile Location Intelligence

Current Use by Public Records

Shopping centers

Suggested Use

Similar Places Nearby

Lantana Shopping Center — 1422 W Lantana Rd, Lantana, FL 33462
Coinstar Kiosk | Bitcoin ATM — Winn Dixie - South, 1491 S Dixie Hwy, Lantana, FL 33462
Elegant Beauty Supply — 503 ridge rd, lantana, fl 33462
Coinstar Kiosk Bitcoin Enabled — winn dixie - south, 1491 s dixie hwy, lake worth, fl 33462
Shoppes at Lantana — Lantana Rd @, N 3rd St, Lantana, FL 33462

Location Insight

Map
Local Demand

City: Lantana
County: Palm Beach
State: Florida
Longitude: -80.0680455
Latitude: 26.5879931

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For sale
Shopping centers
FL
Lantana
33462
503 Ridge Rd

What type of property is this?

Shopping center - Retail center adjacent to Publix with value-add potential.

Where is this shopping center located?

The property is located at 503 Ridge Rd Lantana, FL.

What is the asking price?

The asking price for this property is $3,499,000.

What are key features of this property?

This property features: Adjacent to a high‑performing Publix grocery store, ensuring consistent customer traffic.; Located in a densely populated area with over 252,000 residents within a 5‑mile radius.; High daily traffic counts exceeding 36,500 vehicles on Lantana Rd.