For Sale
Call for price

0 Southern BlvdRoyal Palm Beach, FL 33411

High-Yield Retail Investment, 100% Leased

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional Class A shopping center in West Palm Beach, Florida presents a compelling investment opportunity. The property encompasses 195,248 square feet across four buildings, situated on a 23.65-acre lot in Palm Beach County (zip code 33411, located on Southern Blvd). Currently boasting 100% occupancy with thirteen tenants, including Walgreens, this multi-tenant retail center provides immediate cash flow. The property features ample parking with 1,027 spaces available for shoppers and employees. The Net Lease (NNN) structure minimizes landlord responsibilities. All tenants are credit-rated, mitigating risk. This property offers significant upside potential due to its prime location and strong tenant mix. An attractive feature is the availability of assumable financing with a loan amount of $18,250,000 at a 5.18% interest rate. This well-maintained, high-performing asset is ideal for investors seeking a stable, high-return investment in a thriving retail market. The property's strong financials and strategic location make it a truly exceptional opportunity. Detailed financial information is available upon request.

Highlights

  • 100% Occupancy.
  • Thirteen (13) Tenants.
  • Assumable loan of $18,250,000 at 5.18% interest.
  • 1,027 parking spaces (995 standard, 32 handicap).
  • Four (4) buildings.

Property Details for 0 Southern Blvd

Property type
Lifestyle centers, Power centers
Square Feet
195,248 SF
Class
A
Buildings
4
Lot Size (sq. ft)
1,030,194 SF
Units
13

Location Insight

City
Royal Palm Beach
County
Palm Beach
State
Florida
Latitude
26.6805228
Longitude
-80.2075565
Southern Blvd, Royal Palm Beach, Florida

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
0 Southern Blvd
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message