For Sale
$14,000,000

5500 Village Blvd West Palm Beach, FL 33407

Class A Office Building, 37,274 SF

Overview

Added:
Dec 11, 2024
Days on market:
135
This exceptional Class A office building, The Atrium, presents a unique investment opportunity in West Palm Beach, Florida. Located in the North Point Business Park, this 37,274-square-foot, two-story building boasts a striking central atrium, abundant natural light from large windows, and a desirable lakeside location. Built in 1989 and renovated in 2005, the property sits on a 3.154-acre lot and offers a 5:1,000 parking ratio, a significant advantage given its convenient location just one stoplight from I-95. The building's flexible design allows for single-tenant occupancy or easy division to accommodate two to four tenants. Each wing features a blend of open workspaces, private offices, and conference rooms, catering to diverse business needs. The spacious atrium provides a welcoming common area with potential for additional amenities. Enjoy stunning lake views from the east side of the building and access to a half-mile walking trail along the lake's perimeter. The asking price is $14,000,000, and the property is offered with a NNN lease type. The building's Net Rentable area is 18,637 square feet. The property's APN is 74434306100000131. This prime location offers proximity to numerous restaurants and retailers, making it an attractive option for both employees and clients. The building's architectural design includes a second-floor balcony overlooking the central atrium. This property is suitable for traditional office, medical office, or creative office uses.

Highlights

  • 37,274 SF office building in North Point Business Park.
  • West Palm Beach location, one block from I-95, near restaurants and shops.
  • Two-story Class A building with central atrium, open workspace, private offices, and conference rooms.
  • Abundant natural light.
  • East-side lake views and access to a half-mile walking trail.
  • Can be leased as two separate 18,637 SF floors.

Property Details for 5500 Village Blvd

Property type
Office properties, Office space
Square Feet
37,274 SF
Class
A
Year Built/Renovated
1989/2005
Buildings
1
Stories
2
Lot Size (sq. ft)
137,388 SF

Location Insight

City
West Palm Beach
County
Palm Beach
State
Florida
Latitude
26.7622451
Longitude
-80.0987978

FAQs

What type of property is this?
Office property - Class A Office Building, 37,274 SF
Where is the office property located?
The property is located at 5500 Village Blvd West Palm Beach, FL.
What is the asking price?
The asking price for this property is $14,000,000.
What are key features of this property?
This property features: 37,274 SF office building in North Point Business Park.; West Palm Beach location, one block from I-95, near restaurants and shops.; Two-story Class A building with central atrium, open workspace, private offices, and conference rooms.
How can I contact the broker?
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5500 Village Blvd
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