5867 Okeechobee Blvd
West Palm Beach, FL 33417
Citibank Building · Property For Lease

This two-story CBS building was constructed in 1980 on 2.86 +/- acres and is in excellent condition. The roof and A/C systems are approximately 10 years old. Citibank with a new 5-year lease occupies 4,000 SF on the first floor of the building. They also have a 3 lane drive-up banking facility and a number of covered parking spaces. The bank' s main entrance is in the rear of the building. The 1st and 2nd floor spaces are accessed from front of property facing Okeechobee Blvd. The property has more than 218 feet of frontage on Okeechobee. The overall parking ratio is almost 6 spaces per 1,000 SF of building which offers great flexibility for future tenants. In its current configuration the property is an excellent site for a school, training facility, call center or medical and professional offices. Tenants must be in a non-financial related business. The building is also for sale. The property in located at the NWC of Okeechobee Blvd and West Street. West Street is the main entrance to Century Village, a 55+ community of more than 5,500 housing units and a population of about 8,000. Century Village and most of the homes in the general are were built in the 1960s thru the 1980s. The property faces Okeechobee Boulevard which has more than 65,000 cars per day and is within a quarter mile of the entrance/exit to the Florida Turnpike. Okeechobee is the main east-west corridor for the western communities into downtown West Palm Beach and boasts numerous retail and commercial developments, banks and auto dealers. Wells Fargo Bank and BB&T are located immediately east of the property. The areas surrounding Okeechobee Blvd and the North-South corridors are generally residential, both single family and multi-family in a broad range of prices and sizes. The property is centrally located for easy access to the north-south arterials of Jog Road, Haverhill Road and Military Trail all of which are only minutes away.