Retail Strip Suite with
For Sale
Contact for pricing
5750 Okeechobee Blvd, West Palm Beach, FL 33417
Strip retail suite includes an existing drive-thru component for convenience-oriented service concepts in a car-dependent setting.
Property Size20,200 SF
Price / SF$4.25
Days on Market167
Property Features for 5750 Okeechobee Blvd
General Information
Standard status
Active
Size
20,200 SF
Property subtype
Commercial
Taxes and HOA fees
Annual Taxes
$70,328
Amenities
drive-thru
Building Details
Building Size
20,200 SF
Year Built
1976
Listing Agency:
Current Capital Realty
Listed By:
Caio Martin · License #3251304
(781) 367-1454
Source:
Elliman
Added: May 10
Changed: Oct 7
Last Checked: Oct 20 at 10:34PM
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 Current Capital Realty
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Investment Insights
Based on property information with market context.
Strip retail space is available at 5750–5784 Okeechobee Blvd in West Palm Beach, FL, offering approximately 1,300 square feet. The suite includes an existing drive-thru component that can support convenience-driven service operations seeking quick vehicle access.
The property’s area scores reflect a car-dependent environment, with a bike score of 37 (somewhat bikeable) and a walk score of 27 (car-dependent). The space is available for lease, and the listing is also being marketed for sale.
This offering is best suited for users that value an on-site drive-thru feature within a strip retail setting.
The property’s area scores reflect a car-dependent environment, with a bike score of 37 (somewhat bikeable) and a walk score of 27 (car-dependent). The space is available for lease, and the listing is also being marketed for sale.
This offering is best suited for users that value an on-site drive-thru feature within a strip retail setting.
Key Highlights
- Strip retail space for lease at 5750–5784 Okeechobee Blvd in West Palm Beach, FL
- Approx. 1,300 SF available for lease
- Existing drive‑thru component in the suite for convenience‑oriented service uses
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$18,378
Suggested Prices Based on Cap Rates
Cap Rate 5%
$367,560
$367.6K
Cap Rate 7%
$262,543
$262.5K
Cap Rate 9%
$204,200
$204.2K
Market Conditions
NOI Build-Up for 1,300 SF
Gross rent
$28.1K $21.60/SF
− Vacancy
−$1.8K −$1.40/SF
EGI
$26.3K $20.20/SF
− OpEx
−$7.9K −$6.06/SF
NOI
$18.4K $14.14/SF
Area
West Palm Beach, FL
Vacancy
6.50%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$367,560
Cap Rate 7%
$262,543
Cap Rate 9%
$204,200
Alternative Uses
Best Use
Retail
$262.5K
$229.7K – $306.3K
NOI $18,378 @ 7.0% cap · market cap 332.63%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$915.5K
$801.1K – $1.07M
NOI $64,087 @ 7.0% cap · market cap 1,159.95%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
600
Businesses Nearby
Explore this area
Business Placement
Demographics for 33417, FL
34,153
Population
20,450
Households
1.7
Avg Household Size
48
Median Age
26%
College-Educated
83%
High-School Grad
6.6 sq mi
ZIP Area
5,175
Density / Sq Mi
$50,077
Median Household Income
$35,036
Median Earnings
$1,533
Median Rent
$159,300
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Strip mall - Strip retail suite includes an existing drive-thru component for convenience-oriented service concepts in a car-dependent setting.
Where is this strip mall located?
The property is located at 5750 Okeechobee Blvd West Palm Beach, FL.
What are key features of this property?
This property features: Strip retail space for lease at 5750–5784 Okeechobee Blvd in West Palm Beach, FL; Approx. 1,300 SF available for lease; Existing drive‑thru component in the suite for convenience‑oriented service uses
