Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    6231-6271 N Jog Rd Palm Beach Gardens, FL

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Retail space available in Palm Beach Gardens, Florida.

    Type:RETAIL
    Property size:
    2,880 SF
    Lot size:
    20.07 Acres
    Added:
    Dec 20, 2024
    Days on Market:
    495
    Last Refresh:
    Apr 5 at 10:01 pm

    Property Features for 6231-6271 N Jog Rd

    General Information

    Standard status
    Active
    Size
    2,880 SF
    Lot size
    20.07 Acres
    Property subtype
    RETAIL

    Spaces For Lease

    at 6231-6271 N Jog Rd Contact us

    We can help!

    Listing Contact
    Michael Rautbord
    Michael Rautbord

    Listing agent Michael Rautbord

    Listing office Crossman & Company - Corporate

    Listing date Dec 20, 2024

    Source Moodyscre

    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 Crossman & Company - Corporate

    Overview

    Retail Space in Palm Beach

    This retail space is located in the Palm Beach Gardens MSA on PGA Boulevard, adjacent to the turnpike entrance/exit. Major tenants in the area include Publix, Starbucks, and Orange Theory Fitness. Pylon signage is available. The combined traffic count is 31,308 VPD. The property offers 2,880 square feet of retail space.
    Location Intelligence

    Current Use by Public Records

    Shopping centers

    Similar Places Nearby

    • TruGardens — 1250 Old Dixie Hwy #2, Lake Park, FL 33403
    • Northlake Square — Unnamed Road, Palm Beach Gardens, FL 33403

    Map

    City
    Palm Beach Gardens
    County
    Palm Beach
    State
    Florida
    Longitude
    -80.0814
    Latitude
    26.807

    Nearby Similar for Lease

    • $1,200/Mo

      Palm Beach Gardens Office Space

      Private medical/office room for lease in Palm Beach Gardens.
      9850 Florida A1a Alternate, Palm Beach Gardens, FL 33410
      View Details
    • $950/Mo

      Furnished Offices in Palm Beach Gardens

      Upscale, furnished offices with flexible workspace solutions and modern amenities.
      2000 Pga Boulevard, Palm Beach Gardens, FL 33408
      View Details
    • $2,850/Mo

      Professional Office Park in Gardens

      Well-maintained office park with convenient access to major routes.
      100 Village Sq Crossing 104, Palm Beach Gardens, FL 33410
      View Details
    • Sponsored
      Contact for pricing

      Financial District

      3801 Pga Blvd, Unit STE 600 & 602, Palm Beach Gardens, FL 33403
      View Details
    • $39 SF/Yr

      PGA National Office Park

      High-end office park within PGA National Resort and Spa.
      7108, 7111 and 7121 Fairway Drive, Palm Beach Gardens, FL 33418
      View Details
    • $24 SF/Yr

      Medical Office Space Available

      Functional medical office space with direct ground floor access.
      3365 Burns Rd, Palm Beach Gardens, FL
      View Details
    • Contact for pricing

      Office Space Near PGA National

      Office space for rent near PGA National Golf Course.
      300 Avenue Of Champions, Palm Beach Gardens, FL 33418
      View Details
    • $22 SF/Yr

      Prime Office Space in Gardens

      Move-in ready office space with convenient highway access and amenities.
      4440 PGA Boulevard, Palm Beach Gardens, FL 33410
      View Details
    • Contact for pricing

      Legacy Place Retail Opportunity

      Retail leasing opportunities available in Legacy Place, Palm Beach Gardens.
      11290 Legacy Avenue, Palm Beach Gardens, FL 33410
      View Details
    • $17 SF/Yr

      New Industrial Warehouse in Gardens

      New Class A warehouse space for lease in Palm Beach.
      358 Hiatt Dr, Palm Beach Gardens, FL
      View Details
    • Contact for pricing

      Legacy Place Retail Opportunity

      Retail space available for lease in Legacy Place.
      11345 Legacy Ave, Palm Beach Gardens, FL
      View Details
    • $25 SF/Yr

      Palm Beach Gardens Office Space

      Office space available for lease in Palm Beach Gardens, FL.
      11400-11460 US Hwy 1, Palm Beach Gardens, FL
      View Details

    FAQs

    What type of property is this?
    Shopping center - Retail space available in Palm Beach Gardens, Florida.
    Where is this shopping center located?
    The property is located at 6231-6271 N Jog Rd Palm Beach Gardens, FL.
    What is the lease rate?
    The lease rate is $36 SF/Yr.
    What are key features of this property?
    This property features: Very desirable Palm Beach Gardens MSA location.; Located on PGA Boulevard, adjacent to the Turnpike entrance/exit.; Major tenants include Publix, Starbucks, and Orange Theory Fitness.
    (407) 423-5400 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Michael Rautbord
    Michael Rautbord
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!