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503-523 Ridge Rd
Lantana, FL 33462
Publix Shadow Strip Center · Retail Property For Sale
Investment Highlights
- Value Add Palm Beach County, FL Retail Center | Out-Parcel To PUBLIX Grocery Anchored Center
- Positioned Adjacent to a Publix Ranked in the top 71% Nationwide (Placer AI)
- Over 700 Recently Developed Residential Apartment Units Adjacent to Subject Property
- 2005 Construction Four Units Totaling 10,862 SF Situated on .78 Acres w/ Single Lane Drive-Thru approx. 9,700 SF under air
- Recent New Developments include Wawa, Chick-Fil A, Panda Express, Dunkin, ALDI
- Densely Populated Area | Population Within 5-Mile Radius Exceeds 252,000
Executive Summary
Value Add Palm Beach County, FL Retail Center | Out-Parcel To PUBLIX Grocery Anchored Center
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
10,982 SF
Building Class
B
Year Built
2005
Price
$3,499,000
Price Per SF
$318.61
Percent Leased
21%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.32
Lot Size
0.78 AC
Zoning
CI - General Commercial
Parking
29 Spaces (2.99 Spaces per 1,000 SF Leased)
Frontage
212’ on I-95 Hwy
Amenities
- Signage
Property Taxes
| Parcel Number | 40-43-44-33-48-000-0010 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $2,217,746 |
Property Taxes
Parcel Number
40-43-44-33-48-000-0010
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$2,217,746
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