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4574 Dyer BlvdWest Palm Beach, FL 33407

7 Buildings, 95,320 SF, 91% Occupied

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional investment opportunity presents a well-established portfolio of seven light industrial buildings totaling 95,320 rentable square feet, boasting a 91% occupancy rate. Strategically located in Riviera Beach and West Palm Beach, Florida, within Palm Beach County, these Class B properties are situated on approximately 6.41 acres and offer a diverse mix of unit sizes ranging from 400 to 4,400 square feet. Built between 1979 and 1997, the portfolio comprises three distinct locations with varying building features. One location features buildings with 18-foot ceilings, 32 drive-in doors (10'W x 14'H), and 92 parking spaces

Highlights

  • Significant upside potential due to rents 40-50% below market average in prime Palm Beach County small-bay industrial properties, driving high tenant demand.
  • Short-term leases allow for immediate and continuous rent increases to market levels.
  • High occupancy (90%) and consistent rent growth, with a diverse tenant mix minimizing risk.
  • Excellent location near residential areas and major transportation arteries (I-95 and Florida's Turnpike).
  • Rare opportunity to acquire seven multi-tenant industrial buildings totaling 95,320 rentable square feet in a high-demand, low-vacancy market with limited inventory.

Property Details for 4574 Dyer Blvd

Property type
Industrial properties
Square Feet
95,320 SF
Class
B
Year Built
1979
Buildings
7
Stories
3
Lot Size (sq. ft)
75,794 SF

Location Insight

City
West Palm Beach
County
Palm Beach
State
Florida
Latitude
26.7773809
Longitude
-80.1088483
4574 Dyer Blvd, West Palm Beach, Florida

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4574 Dyer Blvd
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