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🏢 20,603 SF Storefront for Lease — West Palm Beach · #11640

📍 515 Fern St · 24th Floor · West Palm Beach, FL 33401
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Quick Unit Specs
20,603 SF Sq Ft
Retail / Storefront Type
Available Status
Listing Type
Upon Request Lease Rate
Monthly Rate
Negotiable Lease Terms
Lease Type
Asking Price
Price / SF
Cap Rate
NOI
Full Build-Out Condition
Power
HVAC
Estimated Parking
Yard
Building Specifications
CityWest Palm Beach, FL
ZIP Code33401
ZoningQBD-8
Year Built2028
Use TypePKG LT / MH PK
Gross Leasable Area471,000 SF
Total Building SF471,000 SF
Total Available428,491 SF
Land Area6,564 SF
Lot Size17,555 SF
AmenitiesSecurity System; Signage; Air Conditioning
Walk Score80/100
Park/Complex515 Fern St – 11,448
Space Description & Highlights
Mostly Open Office Layout

Highlights:
• Fully Built-Out as Standard Office
• Can be combined with additional space(s) for up to 417,043 SF of adjacent space
• Mostly Open Floor Plan Layout
• Fully Built-Out Office Space
Building Description
Property Overview
Expected to become the largest office building in downtown West Palm Beach, the 25-story building will feature 453,955 square feet of office and 15,000 square feet of retail. The building will offer a new connector road from Evernia Street to Fern Street, running parallel to the Brightline station, and will offer enhanced pedestrian connectivity from the station to The Square with a partially covered pathway along the east façade of the building.
Security System
Signage
Air Conditioning
Investment Highlights
Fully Built-Out as Standard Office Can be combined with additional space(s) for up to 417,043 SF of adjacent space Mostly Open Floor Plan Layout Fully Built-Out Office Space
Trade-area demographics
Population
2,579
Households
1,534
Median income
$99,467
Median home value
$357,700
Walk Score
80
Trade area (1 / 3 / 5 mi)
1 mi3 mi5 mi
Population13,06677,218197,430
Households6,58632,08778,625
Avg income$165,103$122,515$96,791
Household income (purchasing power)
< $50k19%
$50–100k32%
$100–150k20%
$150k+29%
Traffic count (frontage)
69,500 cars/day (AADT)
Nearby: 69,500 · SB AUSTRALIAN AVE | 27,500 · SR-704/LAKEVIEW AVE

Neighborhood Demographics · Census Tract 002600

Figures for the census tract this property sits in — the immediate surrounding neighborhood (roughly ½–2 sq. mi). For distance‑based totals, see the 1 / 3 / 5‑mile rings below.
2,579
Population
$99,467
Median Household Income
44
Median Age
1,534
Households
$357,700
Median Home Value
Household Income of 1,534 households
<$50k287 19%
$50–100k493 32%
$100–150k308 20%
$150k+446 29%
Age of 2,579 residents
Under 18128 5%
18–34827 32%
35–54607 24%
55–64427 17%
65+590 23%

Trade-Area Rings · Distance from Property

Everyone living within a straight‑line radius of the property — the classic retail trade area. Each ring is cumulative (the 3‑mile total includes the 1‑mile).
1 Mile
13,066
population
6,586 households
$165,103 avg income
3 Miles
77,218
population
32,087 households
$122,515 avg income
5 Miles
197,430
population
78,625 households
$96,791 avg income

Frontage Traffic vs. Palm Beach County's Busiest Roads

This property fronts Fern St. Below, its measured daily traffic (FDOT count) is compared to five of the county's busiest roads — I‑95, Florida Turnpike, Okeechobee Blvd, US‑1/Federal Hwy, and Military Trail (approximate peak AADT) — to show how much exposure the location gets.
69,500vehicles / day on Fern St (AADT)
I‑95 (interstate) 255,000
Florida Turnpike 95,000
◆ Fern St 69,500
Okeechobee Blvd 62,000
US‑1 / Federal Hwy 46,000
Military Trail 40,000
This frontage carries about 27% of I‑95's volume — strong major‑arterial exposure. County roads shown are approximate peak AADT.
FDOT count stations on Fern St
69,500 AADT between SB AUSTRALIAN AVE and FLORIDA AVE (2025)
27,500 AADT between SR-704/LAKEVIEW AVE and BELVEDERE RD (2025)
22,500 AADT between FLAGLER DR and ROSEMARY AVE (2025)
18,100 AADT between BELVEDERE ROAD and PALM BCH LAKES BLVD (2025)
Risk & Incentives
🌊 Flood Zone X · minimal ✓ Not in Flood Hazard Not an Opportunity Zone
Proximity
✈ Airports
Palm Beach Intl (PBI) 4.6 mi 11 min drive
Ft. Lauderdale (FLL) 44.4 mi
Miami Intl (MIA) 64.8 mi
⚓ Seaports
Port of Palm Beach 4.7 mi
Port Everglades 43.5 mi
PortMiami 65 mi
Appraiser Data
Parcel Control No.74434321010210012
Building UsePKG LT / MH PK
DOR Use Code2800 — PKG LT / MH PK
MunicipalityWEST PALM BEACH
SubdivisionWEST PALM BEACH TOWN OF
Assessed Value$895,986
Land Value$895,986
Total Taxable Value$0
Land UsePKG LT / MH PK
Legal Description
WEST PALM BEACH TOWN OF
Sale History
Sale 1$1,850,000 · 11/2009
Source: Palm Beach County Appraiser Records
Lease Rate
Upon Request
Extended Unit Specifications
Suite 24th Floor
Available Now
Clear Height
Drive-In Bays
Dock-High Bays
Office SF
Restrooms
Parking Ratio
Op. Expenses
Request Information
Listing Courtesy of TCRE
Jon Blunk
Jon Blunk
TCRE