Property Summary : ! 0.68 AC Site ! 3,937 SF (vacant) ! 26 dedicated parking spaces ! Large Pylon Sign ! Zoned MU/UC, PB County ! Parking Lot Recently Re- sealed Offering Terms : ! Sale Price: $985,000 ! Lease Rate: $18.00, NNN ! Terms: “As-Is” ! Cooperating Broker: 2.0% F O R S a l e o r L E A S E Investment Highlights : ! Signalized Intersection, with ± 61K VPD ! Price PSF: $250 ! Functional units: bay depths are only ±52’ ! Upside: Immediate opportunity as building can potentially be expanded by ±2,000 SF ! Co-tenancy: adjacent Walgreens recently extended its lease until 2/28/31, with six, five-year options ! Access: full on Summit Blvd; RI/RO on Military Trail ! Location: Central Palm Beach County Location, with high Population Density (±70K within 2 miles) ! Retail Synergy: national retailers at intersection include Walgreens, Publix, Chase, TD, McDonald’s, & Bealls Outlet ! Bank deposits at intersection: ±$75MM MARK Hollenbeck, CCIM 561.358.8453 (Ph.) ◊ 561.658.0201 (F) ◊ [email protected] MEMBER 4553 Summit Boulevard (NWC of Military Trail & Summit Blvd) West Palm Beach, FL 33415
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Property Summary:! 0.68 AC Site! 3,937 SF (vacant)! 26 dedicated parking spaces! Large Pylon Sign! Zoned MU/UC, PB County! Parking Lot Recently Re-
sealedOffering Terms:! Sale Price: $985,000! Lease Rate: $18.00, NNN! Terms: “As-Is”! Cooperating Broker: 2.0%
FOR
Sale
or
LEASE
Investment Highlights:! Signalized Intersection, with ± 61K VPD! Price PSF: $250! Functional units: bay depths are only ±52’! Upside: Immediate opportunity as building can
potentially be expanded by ±2,000 SF! Co-tenancy: adjacent Walgreens recently extended
its lease until 2/28/31, with six, five-year options! Access: full on Summit Blvd; RI/RO on Military Trail! Location: Central Palm Beach County Location,
with high Population Density (±70K within 2 miles)! Retail Synergy: national retailers at intersection
include Walgreens, Publix, Chase, TD, McDonald’s, & Bealls Outlet
! Bank deposits at intersection: ±$75MM
MARK Hollenbeck, CCIM561.358.8453 (Ph.) ◊ 561.658.0201 (F) ◊ [email protected]
MEMBER
4553 Summit Boulevard(NWC of Military Trail & Summit Blvd)West Palm Beach, FL 33415
1 Mile 1.5 Miles 2 Miles 2015 Est. Population 21,664 42,888 70,6222015 Est. Households 7,387 14,036 25,2252015 Est. Avg. HH Inc. $45,834 $46,268 $47,168
Summit Blvd - 20,100 VDP
Mili
tary
Tra
il- 4
1,50
0 VD
PFOR SALE OR LEASE
4553 Summit Boulevard, West Palm Beach, FL
MARK Hollenbeck, CCIM561.358.8453 (Ph.) ◊ 561.658.0201 (F) ◊ [email protected]
Summary of Nearby Deposits
TD 1031 South Military Trail $30.5MM
Chase 930 South Military Trail $45.0MM
Nearby Places of Interest:- Berkshire Elementary – ½ mile- Trump Intl Golf Club – 1 mile- Palm Beach Intl Airport – 5 miles
MARK Hollenbeck, CCIM561.358.8453 (Ph.) ◊ 561.658.0201 (F) ◊ [email protected]
Thisisnotanoffer;voidwhereprohibited.Nowarrantyorrepresenta6on,expressedorimplied,ismadeastotheaccuracyoftheinforma6oncontainedherein,andsameissubmi>edsubjecttoerrors,omissions,changeofprice,withdrawlwithoutno6ce,andtoanyspeciallis6ngcondi6onsimposedbyourclientand/orfirmprincipals.
FOR SALE OR LEASE
4553 Summit Boulevard, West Palm Beach, FL
Not Included
Not Included
Full Access
RI/RO
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