Property profile

5360 Donald Ross Rd Palm Beach Gardens, FL 33418

OFF-MARKET
Specialty properties
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Property summary

AI-generated overview

This exceptional 2,293 square-foot office suite is located within the thriving Alton Town Center, a 100% leased upscale mixed-use development in Palm Beach Gardens. Situated in the Jupiter and Palm Beach Gardens submarket of Palm Beach County, this single-tenant space boasts recently constructed, excellent condition interior improvements. The suite is ideally positioned adjacent to PetSmart, benefiting from the high traffic and synergy created by strong neighboring tenants including Publix, LA Fitness, Home Depot, True Rest, Moon Thai, and Bergman Jewelers. The property enjoys a prime location along Donald Ross Road, near I-95, and is surrounded by approximately 2,000 high-end single-family residences and 700 multi-family units. The area demonstrates strong economic indicators, with an average household income exceeding $185,000 within one mile and $175,000 within three miles. Further enhancing the location's appeal are nearby major employers such as United Technologies' Carrier Air Conditioning World Headquarters (a 250,000 sq ft corporate office building), a new state-of-the-art UHS hospital under construction, and the proximity to Scripps and Max Planck biotech institutes, Roger Dean Stadium, and G4S Headquarters. The University of Florida's recent land acquisition nearby further solidifies the area's long-term growth potential. The asking rent is in the low $50s per square foot, plus $23.92 per square foot for operating expenses and taxes. A floor plan is available upon request. This presents a unique opportunity to establish a presence in a high-demand, rapidly growing area.

Property profile

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Property type Specialty properties

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

5360 Donald Ross Rd Palm Beach Gardens, FL 33418
Palm Beach Gardens metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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