1319 53rd St, West Palm Beach, FL, 33407
New Construction IndustrialKey Information
Highlights
• For Sale
• STRATEGIC LOCATION – Located within the established industrial zone of Mangonia Park, the property offers immediate access to key regional transportation routes, including I-95 and Florida’s Turnpike. Its close proximity to the Port of Palm Beach supports logistics operations, particularly for businesses engaged in import/export activities. Surrounding amenities—such as retail centers, restaurants, and recreational venues—enhance convenience for employees and operations.
• NEWLY CONSTRUCTED, INSTITUTIONAL-GRADE FACILITY – Delivered in 2026, the facility reflects current industrial design standards, featuring durable materials, high ceilings, and adaptable configurations. Its modern layout supports a variety of uses, including warehousing, manufacturing, and distribution. The availability of newly built industrial space in this supply-constrained West Palm Beach submarket presents a rare opportunity.
• HIGH-FUNCTIONALITY BUILDING FEATURES – The ±16,150 SF building offers 22′ clear heights, full fire sprinkler coverage, and multiple drive-in overhead doors to streamline logistics. The property’s plumbing infrastructure supports several restrooms, offering operational flexibility for industrial tenants.
• FULLY STABILIZED INVESTMENT – The property is offered to market as a fully stabilized, income-producing industrial asset, leased in its entirety to three (3) new tenants across the building. The tenancy profile produces a Weighted Average Lease Term (WALT) of 4.95 years, providing an acquiring investor with a durable, predictable cash flow stream from day one of ownership. This level of lease-up execution on a newly delivered building reflects strong tenant demand for quality industrial product in the Mangonia Park submarket and positions the asset as a true turnkey opportunity for investors seeking stabilized industrial exposure in South FL.
• ATTRACTIVE DEMOGRAPHICS – The property is situated within a five-mile radius encompassing more than 233,629 residents and an average household income of approximately $121,815. These conditions contribute to sustained industrial demand, rental rate growth, and tightening vacancy levels
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