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Bank Branch For Lease 2055 Palm Beach Lakes Blvd 6,496 SF of Office/Retail Space Available in West Palm Beach, FL 33409
HIGHLIGHTS
- 2055 Palm Beach Lakes Boulevard presents a freestanding, three-lane drive-thru equipped commercial building spanning 6,496 square feet.
- Suitable for retail, professional services, medical, or financial uses; previously occupied by regional banks and a furniture showroom supplier.
- Broker fees applicable.
- Visible to more than 54,000 daily passing vehicles along Palm Beach Lakes Boulevard and convenient to Interstate 95.
- Recently renovated in 2022, this former bank branch offers a clean, modern retail space with a large open floor plan and natural light.
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 6,496 SF | Negotiable | $45.00 /SF/YR $3.75 /SF/MO $292,320 /YR $24,360 /MO | Triple Net (NNN) |
1st Floor
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Fits 17 - 52 People
- Space is in Excellent Condition
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
PROPERTY FACTS
| Total Space Available | 6,496 SF | Gross Leasable Area | 6,496 SF |
| Property Type | Retail | Year Built/Renovated | 1999/2022 |
| Property Subtype | Storefront | Parking Ratio | 4.31/1,000 SF |
| Total Space Available | 6,496 SF |
| Property Type | Retail |
| Property Subtype | Storefront |
| Gross Leasable Area | 6,496 SF |
| Year Built/Renovated | 1999/2022 |
| Parking Ratio | 4.31/1,000 SF |
ABOUT THE PROPERTY
Welcome to West Palm Beach’s latest commercial opportunity with convenient flexibility to accommodate a wide range of commercial users. 2055 Palm Beach Lakes Boulevard is a 6,496-square-foot building constructed with a three-lane drive-thru and featuring prominent pylon and building signage. Multiple regional banks have previously occupied the building, and most recently, a commercial furniture supplier, utilizing the open floor plan as an ample showroom space. There are more than 25 surface parking spaces, as well as front and rear points of ingress/egress. Positioned along Palm Beach Lakes Boulevard, the property benefits from strong visibility, high traffic counts, and convenient access to Interstate 95, major retailers, and dense residential neighborhoods. Commercial synergy is prominent in the immediate area, being less than 1 mile from the Tanger Outlets of Palm Beach. Within a 3-mile radius, the population generates more than $1.3 billion in annual consumer spending. Inquire today to learn more about this flexible commercial opportunity catering to retail, professional services, medical, or financial users.
- Signage
DEMOGRAPHICS
Demographics
NEARBY MAJOR RETAILERS
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Bank Branch For Lease | 2055 Palm Beach Lakes Blvd
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