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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

3950 Northlake Blvd Palm Beach Gardens, FL 33403

123,556 SF
Property ID
Property summary
AI-generated overview

Northlake Commons, a thriving retail center in Palm Beach County's desirable Palm Beach Gardens submarket, presents an exceptional leasing opportunity. This 123,556 square foot center boasts a strategic location at the I-95 interchange, ensuring excellent regional accessibility and high visibility. The property features five total suites, with four currently available, ranging from 1,050 to 4,610 contiguous square feet. A total of 10,580 square feet is currently vacant, offering flexibility for various retail concepts. The center benefits from a strong, growing trade area with a high population density, further enhanced by its proximity to major retailers including Home Depot, Lowe's, Target, Costco, Publix, At Home, Burlington, Hobby Lobby, and Kohl's. This established retail concentration creates a synergistic environment and significant cross-shopping opportunities. The Home Depot location, a top performer in its chain, acts as a powerful shadow anchor, driving substantial foot traffic. The property also includes a 0.7-acre pad site with 834 parking spaces, presenting potential for future development. This is an unparalleled opportunity to establish a presence in a high-demand retail corridor with exceptional visibility and access. No elevators are present on the property. The property is conveniently located near Sandtree Dr. This is a rare opportunity to secure space in a highly successful and well-positioned retail center.

Property profile
Verified
Property type Retail properties & Spaces
Total area 123,556 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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