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5601 Okeechobee Blvd
West Palm Beach, FL 33417 West Palm Beach

$2,425,000 USD

Freestanding For Sale  •  5,005 SF

Property Details

  • Property Type Freestanding
  • Total Building Size 5,750 SF
  • Lot Size 1.41 AC
  • Building Class B
  • Year Built 2007
  • Cap Rate 5.76 %
  • Tenancy Multiple
  • Zoning CG
0 Transit Score
40 Walk Score

Highlights

±68,000 VPD on Okeechobee Blvd with exceptional visibility and frontage.
Two tenants in place since 2011, demonstrating strong commitment to the location.
Below-market rents supporting tenant retention and long-term upside potential.
Real estate taxes, insurance, and interior maintenance passed through to tenants.
Convenient access to Florida Turnpike, I-95, and Downtown West Palm Beach.
Florida has no state individual income tax, supporting investment growth.

Property Flyers

Cap Rate: 5.76 %

Major Tenants

Tenant SF Occupied Lease End Date
Gold Coast Physical Therapy
Salon Centric

Amenities

  • Dedicated Turn Lane
  • Pylon Sign
  • Signage

Public Transportation

Commuter RailDriveWalkDistance
West Palm Beach Amtrak Station (Floridian - Amtrak, Silver Meteor - Amtrak) 10 min - 4.9 mi
West Palm Beach Station (Mangonia Park - Miami Airport - Tri-Rail, West Palm Beach - MiamiCentral - Tri-Rail) 10 min - 5.0 mi
AirportDriveWalkDistance
Palm Beach International 11 min - 4.7 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 30
Type: Surface
Included in Rent: Yes
Grant Steinberg 561-558-7695 Matthews Real Estate Investment Services
Grant Steinberg 561-558-7695 Matthews Real Estate Investment Services