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Westward Shopping Center 2421-2627 Okeechobee Blvd 12,075 SF of Retail Space Available in West Palm Beach, FL 33409
HIGHLIGHTS
- Close proximity to Downtown West Palm Beach and the new Palm Beach Fashion Outlets
- Recent major renovation
- Average daily traffic counts in excess of 50,000
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 8 | 12,075 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD |
2501 Okeechobee Blvd - 1st Floor - Ste 8
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
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.
SELECT TENANTS AT WESTWARD SHOPPING CENTER
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- GNC
- Nutrition Center
- 3,255
- International
- Hair Cuttery
- Salon/Barber/Spa
- 882
- National
- Havertys Furniture
- Furniture/Mattress
- 162
- National
- McDonald's
- Fast-food
- 16,413
- International
- Office Depot
- Office Supply
- 895
- International
- Verizon
- Wireless Communications
- 8,465
- International
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| GNC | Nutrition Center | 3,255 | International |
| Hair Cuttery | Salon/Barber/Spa | 882 | National |
| Havertys Furniture | Furniture/Mattress | 162 | National |
| McDonald's | Fast-food | 16,413 | International |
| Office Depot | Office Supply | 895 | International |
| Verizon | Wireless Communications | 8,465 | International |
PROPERTY FACTS
| Total Space Available | 12,075 SF | Frontage | 1,462’ on Okeechobee Blvd |
| Center Type | Community Center | Gross Leasable Area | 245,356 SF |
| Parking | 1173 Spaces | Total Land Area | 75.94 AC |
| Stores | 5 | Year Built | 1962 |
| Center Properties | 6 |
| Total Space Available | 12,075 SF |
| Center Type | Community Center |
| Parking | 1173 Spaces |
| Stores | 5 |
| Center Properties | 6 |
| Frontage | 1,462’ on Okeechobee Blvd |
| Gross Leasable Area | 245,356 SF |
| Total Land Area | 75.94 AC |
| Year Built | 1962 |
ABOUT THE PROPERTY
Westward Shopping Center is a 233,176 sq ft regional shopping center located on West Palm Beach's main thoroughfare, Okeechobee Blvd. The tenants benefit from their close proximity to Downtown West Palm Beach and the new Palm Beach Fashion Outlets. Residents, commuters and tourists traveling on Okeechobee Blvd generate average daily traffic counts in excess of 50,000. The center has recently finished a major renovation that brought national retailers Burlington Coat Factory, Harbor Freight, Tuesday Morning and Shoe Carnival. The shopping center contains a total of 1011 parking spaces. WESTWARD SHOPPING CENTER is conveniently located just west of I-95 on the intersection of Okeechobee Blvd and Spencer Rd.
- Dedicated Turn Lane
- Pylon Sign
- Signalized Intersection
NEARBY MAJOR RETAILERS
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Westward Shopping Center | 2421-2627 Okeechobee Blvd
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