Download - 4553 Summit Boulevard - LoopNet...Summit Blvd - 20,100 VDP rail- 41,500 VDP FOR SALE OR LEASE 4553 Summit Boulevard, West Palm Beach, FL MARK Hollenbeck, CCIM 561.358.8453 (Ph.) 561.658.0201

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


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


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