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West Palm Beach Retail/Office Space
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5849 Okeechobee Blvd, West Palm Beach, FL 33417

High-visibility space with drive-thru, ideal for retail or office.

Space SizeContact for details
Property Size20,336 SF
Days on Market669

Property Features for 5849 Okeechobee Blvd

General Information

Standard status Active
Size 20,336 SF
Total Parking Spaces 110
Property subtype Retail, Office
Lease Type NNN

Building Details

Building Size 20,336 SF
Year Built 1986
Tenancy Multiple

Spaces For Lease

at 5849 Okeechobee Blvd Contact us

100

Type
Office, Retail
Lease Type
NNN
Availability
Active
Contact us
Listing Agency: NAI Merin Hunter Codman, Inc. West Palm Beach
Listed By: Jason Sundook · License #FL 602243
Source: Crexi
Added: Nov 1, 2024 Changed: Aug 15 Last Checked: Aug 29 at 7:02PM

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 NAI Merin Hunter Codman, Inc. West Palm Beach

Investment Insights

Based on property information with market context.

Located on Okeechobee Blvd in West Palm Beach, this first-floor space is a former bank branch, complete with an ATM and drive-thru. The property offers direct access to the Florida Turnpike and high visibility with building and pylon signage available on Okeechobee Blvd. The location benefits from high traffic, with approximately 68,800 vehicles passing daily. Situated at the entrance to Century Village, the property is 4.5 miles from I-95 and Palm Beach International Airport, 5 miles from Downtown West Palm Beach, and 6.5 miles from HCA JFK Medical Center. Nearby amenities include hotels such as La Quinta and Hampton Inn, dining options like Chick-fil-A, Duffy's, and LongHorn Steakhouse, and retailers such as Publix, Walmart Neighborhood Market, and SuperTarget. The surrounding area has a daytime population of over 258,000 within a 5-mile radius. This space is suitable for office and retail users looking to attract a broad audience. The estimated CAM for 2024 is $15.50 per square foot, which includes electricity.

Key Highlights

  • High‑traffic location on Okeechobee Blvd with ±68,800 vehicles passing daily and direct access to the Florida Turnpike.
  • First‑floor, former bank space with existing ATM and drive‑thru, ready for customization.
  • Serves a large daytime population of over 258,000 within a 5‑mile radius.

Property Analytics

Current Use

Wells Fargo ATM Atm Primary Care Associates-N ... Physician MCCI Medical 3d ... Physician Humana Insurance Agency Sadia Altidore Physician

Suggested Use

Top Pick Dental Office Daycare Center Hair Salon Nail Salon Spa & Massage Center Furniture & Home Goods

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

$15.50 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

600
Businesses Nearby

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

Market

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
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Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Bank - High-visibility space with drive-thru, ideal for retail or office.
Where is this bank located?
The property is located at 5849 Okeechobee Blvd West Palm Beach, FL.
What is the lease rate?
The lease rate is $24 SF/Yr.
What are key features of this property?
This property features: High‑traffic location on Okeechobee Blvd with ±68,800 vehicles passing daily and direct access to the Florida Turnpike.; First‑floor, former bank space with existing ATM and drive‑thru, ready for customization.; Serves a large daytime population of over 258,000 within a 5‑mile radius.
(561) 471-8000 Call to check price and availability
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