Property summary
LA Fitness Plaza, a thriving neighborhood center in Palm Beach Gardens, Florida, presents a unique investment opportunity. This 106,006 square foot retail property, built in 1986, sits on 12.13 acres of land and is anchored by a prominent LA Fitness. Currently, there are five available spaces ranging from 1,200 to 4,100 square feet, totaling 9,490 square feet of vacant space. The center enjoys a prime location at the intersection of PGA Boulevard and Fairway Drive, benefiting from high visibility and accessibility. Its strategic position within Palm Beach County's desirable Palm Beach Gardens submarket places it amidst affluent communities such as PGA National, Mirasol, BallenIsles, and Ironhorse, boasting some of the highest median incomes in South Florida. The surrounding area is further enhanced by over 500,000 square feet of office space, including the prestigious Bascom Palmer Eye Institute. The proximity to the renowned PGA National Resort, a mere 5-minute drive, provides consistent foot traffic and benefits from the resort's popular events, including the annual Honda Classic. This well-established center offers a compelling opportunity for businesses seeking a high-traffic location within a thriving and affluent community. The property's size and location make it ideal for a variety of retail uses.
Property profile
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Comparables
6 recent transactions · within 1.5 miComparable in this City
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Cap rate
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Property description
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