For Lease
$0.07/SF/YR

4246 Okeechobee BlvdWest Palm Beach, FL 33409

6,850 SF Warehouse, Leaseback Option

Overview

Added:
Dec 11, 2024
Days on market:
114
This renovated, free-standing industrial building, located at 4246 Okeechobee Boulevard, offers a unique investment opportunity. The 6,850 square foot property is currently configured as a bar and liquor store with a second-floor office. The zoning is GC. The property features a single tenant occupancy and is situated on a lot with an APN of 00424325000001110. The current owner will lease back the liquor store portion for a 20-year term with options, providing a stable income stream. The remaining approximately 6,000 square feet is available for lease or owner-occupancy, presenting flexibility for various business ventures. The building's prime location on Okeechobee Boulevard offers excellent visibility and accessibility. Note that any existing billboard is not included in the sale. This property presents a compelling blend of immediate income generation and future development potential. The property's single-tenant setup simplifies management, while the leaseback arrangement minimizes vacancy risk. The substantial remaining space allows for expansion or adaptation to suit a variety of business needs. This is an exceptional opportunity for investors seeking a blend of immediate return and long-term growth.

Highlights

  • Industrial property located at 4246 Okeechobee Boulevard.
  • Single-tenant warehouse totaling 6,850 square feet.
  • Currently configured as a bar and liquor store with second-floor office space.
  • Potential for leaseback of the liquor store for 20 years with options.
  • Approximately 6,000 square feet available for lease or owner-occupancy.

Property Details for 4246 Okeechobee Blvd

Property type
Warehouses, Industrial properties
RSF (Rentable sq. ft)
6,850 SF

Unit(s) available at that property

Space
Size
6,850 SF
Rate per SF
$0.07

Location Insight

City
West Palm Beach
County
Palm Beach
State
Florida
Latitude
26.7064213
Longitude
-80.1068046
4246 Okeechobee Blvd, West Palm Beach, Florida

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4246 Okeechobee Blvd
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