2870 Town Center WayPalm City, FL 34990

Property Details for 2870 Town Center Way

Year built

2006

Property size (Sq ft)

36,252 SF

Property type

Retail properties

Property subtype

Other retail properties

Description

This exceptional 1,050 square foot retail space is situated within the prestigious Martin Downs Town Center in Palm City, Florida. Built in 2006, this upscale, Key West-style center boasts a total of 36,252 square feet and enjoys a prime location at the bustling intersection of Martin Downs Boulevard and High Meadow Avenue. The center is anchored by a Publix and CVS Pharmacy, ensuring high foot traffic and visibility. This space offers a fantastic opportunity to join a thriving tenant mix that includes Panera Bread, Edward Jones, Dunkin’ Donuts, Truist, and Quest Diagnostics. The property features a historically low turnover rate and vacancy, indicating a strong and stable market. The lease rate is $28.00 per square foot NNN, with a CAM expense of $12.44 per square foot. This location benefits from its proximity to affluent, gated communities in Palm City, making it an ideal space for businesses targeting a high-income demographic. The center's prominent position and strong tenant lineup make this an exceptional investment opportunity. Don't miss this chance to establish your business in one of Palm City's most sought-after retail destinations. Located in Martin County, Florida, at 2870 SW Town Center Way, zip code 34990.

Location Insight

City

Palm City

County

Martin

State

Florida

Latitude

27.1712

Longitude

-80.2924

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