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    Southern Blvd Royal Palm Beach, FL 33411

    Sponsored
    For Sale
    Contact for pricing

    High-Yield Retail Investment, 100% Leased

    Property size:
    195,248 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional Class A shopping center in West Palm Beach, Florida presents a compelling investment opportunity. The property encompasses 195,248 square feet across four buildings, situated on a 23.65-acre lot in Palm Beach County (zip code 33411, located on Southern Blvd). Currently boasting 100% occupancy with thirteen tenants, including Walgreens, this multi-tenant retail center provides immediate cash flow. The property features ample parking with 1,027 spaces available for shoppers and employees. The Net Lease (NNN) structure minimizes landlord responsibilities. All tenants are credit-rated, mitigating risk. This property offers significant upside potential due to its prime location and strong tenant mix. An attractive feature is the availability of assumable financing with a loan amount of $18,250,000 at a 5.18% interest rate. This well-maintained, high-performing asset is ideal for investors seeking a stable, high-return investment in a thriving retail market. The property's strong financials and strategic location make it a truly exceptional opportunity. Detailed financial information is available upon request.

    Property Features for 0 Southern Blvd

    General Information

    Property type
    Lifestyle centers
    Square Feet
    195,248 SF
    Class
    A
    Lot Size
    1,030,194 SF

    Building Details

    Buildings
    4
    Units
    13

    HighLights

    • 100% Occupancy.
    • Thirteen (13) Tenants.
    • Assumable loan of $18,250,000 at 5.18% interest.
    • 1,027 parking spaces (995 standard, 32 handicap).
    • Four (4) buildings.
    Property Profile Location Intelligence

    Current Use by Public Records

    Lifestyle centers

    Map

    City
    Royal Palm Beach
    County
    Palm Beach
    State
    Florida
    Longitude
    -80.2075565
    Latitude
    26.6805228

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    FAQs

    What type of property is this?
    Lifestyle center - High-Yield Retail Investment, 100% Leased
    Where is this lifestyle center located?
    The property is located at Southern Blvd Royal Palm Beach, FL.
    What are key features of this property?
    This property features: 100% Occupancy.; Thirteen (13) Tenants.; Assumable loan of $18,250,000 at 5.18% interest.
    Request Owner's contact information
    Southern Blvd Royal Palm Beach, FL 33411
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    Realmo Value Estimation

    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.

    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.

    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
    Southern Blvd Royal Palm Beach, FL 33411
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