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    FOR LEASE
    Outlet malls

    4560 Forest Hill Blvd, West Palm Beach, FL 33415

    110,450 SF 11.53 ac lot Built 1970
    Entity Owned 7-yr Hold Absentee Owner ~ Est. High Equity
    Property ID
    US18-4175210
    Property summary
    AI-generated overview

    This exceptional retail property, located at 4560 Forest Hill Boulevard in West Palm Beach, Florida, offers a significant opportunity for businesses seeking high-visibility space in a thriving market. The shopping center boasts a total of 131,200 square feet, situated on a one-acre lot in Palm Beach County (zip code 33415). Currently, there is substantial vacant space totaling 89,000 square feet, presenting a unique chance for expansion or new tenancy. The property is classified as a multi-tenant retail center, offering flexibility for various business types. Two spaces are immediately available, ranging in size from 2,400 square feet to the substantial 89,000 square feet of contiguous vacant space. The property's prime location in Palm Springs offers excellent access to major roadways and a dense population base, ensuring high foot traffic and visibility. This is an ideal investment for businesses seeking a prominent presence in a dynamic and growing area of West Palm Beach. The property's size and flexibility make it suitable for a wide range of retail concepts, from smaller boutiques to large-scale operations. Contact us today to learn more about this exceptional leasing opportunity.

    Property profile
    Verified
    Property type Outlet malls
    Use group WHOLESALE OUTLET, DISCOUNT STORE
    Year built 1970
    Construction CONCRETE
    Total area 110,450 SF
    Lot 11.53 ac (502,125 SF)
    Zoning code UC
    APN 00-42-44-12-21-000-0011
    UPID US18-4175210
    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
    Current use
    Occupant on record · Public records
    • Sears Appliance Repair Home Appliance Store
    • Planet Fitness Gym & Fitness Center
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $14.34M
    Owner & transaction history
    Chase 4660 LLC · 7 yrs held
    Chase 4660 LLC
    since 2018
    6 recorded transactions
    2018
    2018
    $1.9M
    2014
    $3.0M
    2013
    2008
    1969
    Zoning & alternative use
    UC · West Palm Beach, FL
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    More about this property
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