2005 Vista PkwyWest Palm Beach, FL 33411

Property Details for 2005 Vista Pkwy

Year built

2003

Construction

CONCRETE

Lot size

4.00 AC

Property size (Sq ft)

22,338 SF

Zone code

PIPD

Property type

Office buildings

APN

00-42-43-22-06-023-0050

APU

424322060230050

Description

This exceptional sublease opportunity presents 1,546 square feet of professional office space in the highly desirable Vista Business Park of West Palm Beach. Located at the prime corner of Vista Parkway and Jog Road, this space offers immediate occupancy with 2.5 years remaining on the existing lease. Rent includes base rent and common area maintenance (CAM) charges, providing predictable and manageable operating costs. The building boasts a range of desirable features, including impact glass windows, ample parking for tenants and visitors, exterior security lighting for enhanced safety, and convenient 24-hour access. Its strategic location provides unparalleled convenience, with easy access to Okeechobee Boulevard, the Florida Turnpike, Palm Beach International Airport, and downtown West Palm Beach. The surrounding area offers a wealth of amenities within walking distance, including hotels, restaurants, financial services, and even golf courses. The property is zoned PIPD (Planned Industrial Park District) and its APN is 00424322060230050. This space is part of a larger building, but is a single-tenant occupancy. A detailed floor plan is available for review. Don't miss this chance to secure a highly visible and well-appointed office space in a thriving business park.

• CAP approach

  CAP return

  Valuation

  6%

  $6,867,328

  6.5%

  $6,339,072

  7%

  $5,886,281

• Comparable approach

  Method

  Valuation

  Relative Method

  $6,213,985

  Geo Method

  $6,213,985

• Alternative Use

  Use

  Valuation

  Residential

  $7,860,450

  Hospitality

  $7,200,130

  Educational

  $5,990,423

  Medical

  $6,196,443

  Retail

  $9,318,436

Location Insight

City

West Palm Beach

County

Palm Beach

State

Florida

Latitude

26.7089

Longitude

-80.1474

CBSA code

33100

CBSA name

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

Property Tax & Assessments

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