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🏪 for Lease: 1,978 SF Community Center in West Palm Beach · #10563

📍 5021-5101 W Okeechobee Blvd · 1st Floor, Ste 5049 · West Palm Beach, FL 33417
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Quick Unit Specs
1,978 SF Sq Ft
Shopping Center Type
Available Status
— Listing Type
Upon Request Lease Rate
— Monthly Rate
Negotiable Lease Terms
— Lease Type
— Asking Price
— Price / SF
— Cap Rate
— NOI
— Condition
— Power
— HVAC
8 spaces Estimated Parking
— Yard
Building Specifications
CityWest Palm Beach, FL
ZIP Code33417
ZoningCG
Year Built1977
Use TypeCOMM SHOPPING C
Center TypeNeighborhood Center
Gross Leasable Area70,050 SF
Total Building SF70,915 SF
Total Available8,510 SF
Land Area17.82 AC
FrontageOkeechobee
Stories1 Floor
Lot Size5.94 AC
Parking (building)276 Spaces
ConstructionSTUCCO ON MASON
AmenitiesRestaurant; Signage
Walk Score50/100
Exterior WallSTUCCO ON MASON
FoundationWOOD FRAME
HVACCENTRAL
Park/ComplexVillage MarketPlace
Space Description & Highlights
Highlights:
• Fully Built-Out as Standard Retail Space
• Located in-line with other retail
Building Description
This 71,000-square-foot retail power center is anchored by Guitar Center and located at the busy intersection of Okeechobee Boulevard and Haverhill Road.
Restaurant
Signage
Investment Highlights
Join Guitar Center, Family Dollar, LaBrasa Rotisserie & Grill and more Fully renovated including new facade and sidewalk paint, re-paved parking lot and updated landscaping Aggressive lease rates Fully renovated including new facade and sidewalk paint, re-paved parking lot and updated landscaping More than 80,000 cars pass the site daily Just under 700 townhomes to be developed in 2025 directly behind the shopping center
Approved Uses
Clothing/apparel retail store, Convenience store, Grocery store/supermarket, Furniture/home goods store, Electronics retail store, Pet store/pet supplies retail, Bookstore, Sit-down restaurant, Coffee shop/cafe, Fast-casual/quick-service restaurant, Bakery (retail), Bar/tavern (no extended-hours entertainment) (special approval), Nightclub/live entertainment venue (special approval), Brewery/microbrewery with tasting room (special approval), Hair salon/barbershop, Nail salon, Day spa, Dry cleaner (drop-off/pickup), Pet grooming, Tailor/alterations shop, Tattoo/piercing studio (special approval), Dance studio, Yoga/pilates studio, CrossFit/fitness gym, Martial arts/jiu-jitsu studio, Indoor trampoline park/kids play center (special approval), Movie theater (special approval), Bowling alley (special approval), Real estate office, Law office, Insurance agency, Accounting/tax preparation office, Bank/credit union branch, Check-cashing/payday loan store (special approval), Medical clinic/urgent care, Dental office, Physical therapy office, Veterinary clinic (no outdoor kenneling) (special approval), Hotel/motel, Bed & breakfast (special approval), Auto repair/mechanic shop (special approval), Tire shop (special approval), Car wash (special approval), Auto detailing (special approval), Gas station/fuel sales (special approval), Used/new car sales lot (special approval), Self-storage/mini-warehouse facility (special approval), Drive-through pharmacy or restaurant (special approval), Print/copy shop, Phone/electronics repair shop, Coworking/shared office space, Event/banquet hall (special approval), Outdoor display/sales (e.g., garden center, furniture) (special approval)
Trade-area demographics
Population
988
Households
723
Median income
$30,795
Median home value
$84,500
Walk Score
50
Trade area (1 / 3 / 5 mi)
1 mi3 mi5 mi
Population19,548114,899271,466
Households8,86944,526103,710
Avg income$50,706$71,217$83,224
Household income (purchasing power)
< $50k77%
$50–100k15%
$100–150k2%
$150k+7%
Traffic count (frontage)
68,500 cars/day (AADT)
Nearby: 68,500 · COLLEGE PLAZA | 33,500 · SR-704 / OKEECHOBEE

Neighborhood Demographics · Census Tract 001911

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.
988
Population
$30,795
Median Household Income
72
Median Age
723
Households
$84,500
Median Home Value
Household Income of 723 households
<$50k554 77%
$50–100k106 15%
$100–150k11 2%
$150k+52 7%
Age of 988 residents
Under 180 0%
18–3454 5%
35–5412 1%
55–64155 16%
65+767 78%

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
19,548
population
8,869 households
$50,706 avg income
3 Miles
114,713
population
44,170 households
$73,001 avg income
5 Miles
270,588
population
103,277 households
$83,305 avg income

Frontage Traffic vs. Palm Beach County's Busiest Roads

This property fronts W Okeechobee Blvd. 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.
68,500vehicles / day on W Okeechobee Blvd (AADT)
I‑95 (interstate) 255,000
Florida Turnpike 95,000
◆ W Okeechobee Blvd 68,500
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 W Okeechobee Blvd
68,500 AADT between COLLEGE PLAZA and SR- 809/MILITARY TR (2025)
33,500 AADT between SR-704 / OKEECHOBEE (2025)
23,000 AADT (2025)
9,500 AADT between HAVERHILL RD and SR-809/MILITARY TRL (2025)
Risk & Incentives
🌊 Flood Zone X · minimal ✓ Not in Flood Hazard Not an Opportunity Zone
Proximity
✈ Airports
Palm Beach Intl (PBI) 2.3 mi
Ft. Lauderdale (FLL) 43.9 mi
Miami Intl (MIA) 63.9 mi
⚓ Seaports
Port of Palm Beach 6.4 mi
Port Everglades 43.1 mi
PortMiami 64.6 mi
Appraiser Data
Parcel Control No.00424323000005060
Building UseCOMM SHOPPING C
DOR Use Code1600 — SHOPPING CENTER CMMITY
MunicipalityWEST PALM BEACH
Assessed Value$9,306,302
Land Value$3,882,870
Improvement Value$5,118,800
Total Taxable Value$9,158,670
Land UseSHOPPING CENTER CMMITY
Legal Description
23-43-42, S 656 FT OF E 580 FT
Sale History
Sale 1$5,275,000 · 01/2003
Source: Palm Beach County Appraiser Records
Lease Rate
Upon Request
Extended Unit Specifications
Suite 1st Floor, Ste 5049
Available —
Clear Height —
Drive-In Bays —
Dock-High Bays —
Office SF —
Restrooms —
Parking Ratio 3.94/1,000 SF
Op. Expenses —
Request Information
Listing Courtesy of Cohen Commercial Realty, Inc.
Bryan Cohen
Bryan Cohen
Cohen Commercial Realty, Inc.

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