AVAILABILITY DETAILS
- Size
- 3,864 SF
- Price/SF
-
Show Pricing $
- Listing ID
- SA544688
- Notes
- SVN Commercial Partners proudly presents for sale The Royal Palm Center
(the "Property") a +/-3,900 square-foot, single-tenant medical office
building strategically located in Royal Palm Beach, Florida. Situated just off
the intersection of Royal Palm Beach Blvd and Okeechobee Blvd, the
Property offers a prime location for owner-user or investor in a rapidly
growing market.
The Property is located within a beautiful medical office park that benefits
from great accessibility with access from Okeechobee Blvd and Royal Palm
Beach Blvd. The Royal Palm Center is shadowed by and shares a parking
lot with The Crossroads at Royal Palm Beach, a Publix anchored retail plaza
home to tenants such as Walgreens, Dollar Tree, Bank of America, Chase,
and more driving significant traffic to the Property.
The Royal Palm Center is exceptionally well maintained. Current ownership
recently made several renovations to the Property including a complete
roof replacement, hurricane windows and the replacement of 2 of the 4
A/C units. Landscaping and common area maintenance is handled by the
Property Owners Association (POA) of the medical office park. This,
coupled with its strategic positioning in the heart of Royal Palm Beach,
makes The Royal Palm Center an exceptional investment for medical
practices, professional services, or any business seeking a turn-key office
space.
The Royal Palm Center is strategically located adjacent to the Village Golf
Club and directly across the street from Village Royale Shopping Center
and Lakeside Landings, a D.R. Horton newly approved 100-unit townhome
residential project plated to be completed by 2026.
This Property creates an incredible opportunity for a new or established
business to occupy the building, or for an investor to secure a tenant at
market rent, which is estimated to be $25 per square foot NNN.
- Uses
- Office
This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for you needs.
Listing provided courtesy of
Michael Barashick, SVN | Commercial Partners
BRE# SL3601077