5601 Okeechobee Blvd, West Palm Beach, FL, 33417
5601 Plaza
Key Information
Highlights
• High-Traffic Location: Positioned along Okeechobee Boulevard with exposure to approximately 68,000 vehicles per day, providing exceptional visibility.
• Premier Retail Corridor: Located along one of West Palm Beach’s primary commercial corridors with convenient access to the Florida Turnpike, I-95, and Downtown West Palm Beach.
• Long-Term Tenancy: Two established tenants have occupied the property since 2011, demonstrating strong commitment to the location.
• Below-Market Rents: The property benefits from below-market rental rates, supporting tenant retention while providing potential long-term upside.
• Oversized 1.4-Acre Parcel: Situated on approximately 1.4 acres along Okeechobee Boulevard.
• Minimal Landlord Responsibilities: Real estate taxes, insurance, and interior maintenance are passed through to the tenants.
• Favorable Florida Tax Environment: Florida has no state individual income tax, supporting continued population, business, and investment growth.
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