850 Park Ave Lake Park, FL 33403

Park Ave Shoppes at 836–850 Park Avenue, Lake Park, FL is a rare value-add retail investment in the heart of Lake Park’s emerging downtown corridor. This fully occupied, 7,200 SF multi-tenant strip center spans two adjacent buildings on 0.50 acres and is being offered for the first time in more than 60 years. Positioned in the Park Avenue Downtown District, the property sits at the center of a rapidly transforming trade area fueled by more than $1 billion in nearby development, including Nautilus 220, the approved Nautilus 211 waterfront project, and the 595-unit Residences at 10th & Park. With the majority of the eight suites rolling within 12 months of acquisition, investors have a compelling opportunity to mark rents to market and unlock upside from below-market in-place leases. Surrounded by dense neighborhoods, strong daytime population, and limited new retail supply, Park Ave Shoppes benefits from excellent accessibility to U.S. 1, I-95, and the broader Palm Beach MSA. A planned Tri-Rail Coastal Link station near Park Avenue further enhances the long-term growth story.