4316 Forest Hill BlvdWest Palm Beach, FL 33406

Property Details for 4316 Forest Hill Blvd

Year built

1985

Construction

CONCRETE

Lot size

10.65 AC

Property size (Sq ft)

47,284 SF

Zone code

CG

Property type

Retail properties

Property subtype

Community centers

APN

70-42-44-12-00-000-5070

APU

70424412000005070

Description

The Shoppes at Forest Hill, a Class B retail center in Palm Beach County, offers exceptional leasing opportunities. Located at the highly visible intersection of Forest Hill Boulevard and Military Trail, this single-story center boasts 102,354 square feet and features a diverse mix of established tenants including Walmart Neighborhood Market, Goodwill, Starbucks, and The Florida Lottery. The center underwent a complete renovation in 2016, ensuring modern and attractive spaces for businesses. Currently, there are three available spaces, ranging from a minimum of 1,200 square feet to a maximum contiguous space of 3,521 square feet. One notable opportunity is a 3,521-square-foot end-cap space with prominent Military Trail frontage. The center benefits from a substantial daily traffic count of 88,500 vehicles, providing excellent visibility and potential customer reach. With 25 total suites and 7,151 square feet currently vacant, this is an ideal location for businesses seeking high-traffic exposure in a well-established retail environment. The minimum leasable space is 1,200 square feet. This property presents a strong investment opportunity within a thriving retail corridor.

• CAP approach

  CAP return

  Valuation

  6%

  $16,485,504

  6.5%

  $15,217,389

  7%

  $14,130,432

• Comparable approach

  Method

  Valuation

  Relative Method

  $33,146,728

  Geo Method

  $33,146,728

• Alternative Use

  Use

  Valuation

  Residential

  $12,836,437

  Hospitality

  $11,758,107

  Educational

  $9,782,607

  Medical

  $10,119,046

  Retail

  $15,217,389

Location Insight

City

Palm Springs

County

Palm Beach

State

Florida

Latitude

26.6504

Longitude

-80.1103

CBSA code

33100

CBSA name

MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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