Bld 1 127 N Dixie Hwy 8,750 SF 100% Leased Retail Building Lake Worth, FL 33460 $5,750,000 ($657.14/SF) 5% Cap Rate

Downtown Shops at Lake Worth Beach presents the opportunity to acquire a fully leased retail asset positioned at the primary entry to Downtown Lake Worth Beach, one of Palm Beach County's most active and evolving commercial districts. Constructed in 2018, the property consists of two buildings totaling 8,750 square feet and is occupied by a complementary mix of national and local tenants, including Starbucks with a drive-thru, Dr. G's Urgent Care, Liggio Law P.A., and Oxygenix Nail Salon.
The property occupies the signalized corner of North Dixie Highway (US-1) and 2nd Avenue North, offering approximately 230 feet of frontage along one of the area's primary commercial corridors. Its location provides convenient access to Lucerne Avenue, A1A, and Interstate 95, connecting the asset to surrounding residential neighborhoods, employment centers, and coastal destinations throughout Palm Beach County. Nearby retailers including Publix, Aldi, CVS, Walgreens, Dunkin', Wells Fargo, TD Bank, and Wendy's contribute to consistent consumer activity and reinforce the corridor's established retail presence.
With 100% occupancy, contractual rent growth, and a diversified tenant roster serving daily consumer needs, the property delivers immediate in-place income while minimizing near-term leasing risk. The Downtown District (DT) zoning, modern construction, high visibility, and strong regional accessibility further support the asset's long-term positioning. Located approximately six miles south of Downtown West Palm Beach and within the heart of Downtown Lake Worth Beach's redevelopment activity, Downtown Shops at Lake Worth Beach offers investors a stabilized retail investment in a well-established South Florida market.