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For Sale Available Listing #68519

1,248 SF Auto Service For Sale — $3,636,000 — 2000 Okeechobee Blvd, West Palm Beach – #68519

2000 Okeechobee Blvd · Entire Property · West Palm Beach, FL 33409
1,248 SFAvailable space
Auto / ServiceProperty type
2026Renovated
Quick Unit Specs
For Sale
$3,636,000 Asking Price
$2,913.46 Price / SF
5.5% Cap Rate
$200,000 NOI
24 / 278 days Days on market / avg to sell
The Space
1,248 SF Sq Ft
Auto / Service Type
Entire Property Suite
— Condition
Available Status
For Sale Listing Type
Now Available
— Op. Expenses
— Clear Height
— Drive-In Bays
— Dock-High Bays
— Yard
— Office SF
— Restrooms
— Power
— HVAC
— Estimated Parking
— Parking Ratio
Location Map Click to explore · switch to satellite inside the map
Floor Plan
Floor plan not available yet Ask us and we'll get it to you as soon as it's available.
Building Description
Executive Summary
Franklin Street is pleased to present the opportunity to acquire 2000 Okeechobee Boulevard in West Palm Beach, Florida, a strategically located automotive property subject to a newly executed lease with Sixt Rent A Car, LLC. The lease provides for initial annual base rent of $200,000 with 2.0% annual increases, a seven-year initial term and two, five-year extension options. The propery is positioned along Okeechobee Boulevard, one of West Palm Beach's primary commercial corridors, providing connectivity between President Donald J. Trump International Airport, I-95, Downtown West Palm Beach/CityPlace and Palm Beach. The location benefits from a diverse demand base driven by tourism, business travel, population growth and the continued expansion of Downtown West Palm Beach as a major South Florida employment and financial center.
Sixt is one of the world's leading premium mobility providers and continues to expand its U.S. platform. The company reported more than $1.5 billion in U.S. revenue in 2025, while Palm Beach county welcomed a record 10.7 million-plus visitors during the same year. The 0.51-acre property benefits from a long-established automotive history, with Palm Beach County confirming that Light Vehicle Sales and Rental remains a vested use for the site. The property is currently being prepared for SIXT occupancy, with the location targeted to open by year--end 2026.
Approved Uses by Zoning — General Commercial (CG)

Uses permitted by right under the municipality’s zoning for this district. The property may carry additional restrictions (deed, association or lease), so tenants are responsible for confirming their intended use with the municipality and landlord before committing.

Allowed by right
Adult Entertainment (DRO site-plan review), Agriculture, Sales and Service, Agriculture, Storage, Assembly Institutional Nonprofit (DRO site-plan review), Assembly Membership Nonprofit (DRO site-plan review), Auction, Indoor, Car Wash (DRO site-plan review), Catering Service, Community Vegetable Garden, Convenience Store, Data and Information Processing, Day Care Limited (DRO site-plan review), Distribution Facility (DRO site-plan review), Dog Day Care (DRO site-plan review), Electric Distribution Substation (DRO site-plan review), Farmers Market, Financial Institution, Financial Institution with Drive-Through Facilities (DRO site-plan review), Financial Institution – Freestanding ATM (DRO site-plan review), Fitness Center, Flea Market, Indoor, Government Services, Green Market (DRO site-plan review), Hotel or Motel, Kennel, Type 2 (Commercial) (DRO site-plan review), Kennel, Type 3 (Commercial Enclosed), Manufacturing and Processing (DRO site-plan review), Medical or Dental Laboratory, Medical or Dental Office, Minor Utility (DRO site-plan review), Multi-Media Production (DRO site-plan review), Nursery, Retail, Nursery, Wholesale, Office, Business or Professional, Park, Neighborhood Infill, Park, Passive, Park, Public (DRO site-plan review), Parking, Commercial (DRO site-plan review), Personal Services, Place of Worship (DRO site-plan review), Produce Stand (DRO site-plan review), Renewable Energy Solar Facility (DRO site-plan review), Repair Services, Limited, Repair and Maintenance, Light (DRO site-plan review), Research and Development (DRO site-plan review), Restaurant, Type 2 (DRO site-plan review), Retail Sales, Shade House, Stable, Commercial (DRO site-plan review), Veterinary Clinic, Vocational Institution, Warehouse (DRO site-plan review), Wholesaling (DRO site-plan review), Work/Live Space (DRO site-plan review)
With special approval
Agricultural Excavation, Agriculture, Bona Fide, Agriculture, Packing Plant, Animal Shelter, Arena or Stadium or Amphitheater, Auction, Outdoor, Cemetery, Cocktail Lounge, College or University, Crematory, Day Care General, Dispatching Service, Electric Power Plant, Electric Transmission Substation, Entertainment, Indoor, Entertainment, Outdoor, Equestrian Arena, Commercial, Flea Market, Outdoor, Funeral Home, Gas and Fuel Sales, Retail, Golf Course, Heliport, Homeless Resource Center, Hospital, Landscape Service, Laundry Service, Marina, Pawnshop, Recycling Center, Renewable Energy Wind Facility, Repair and Maintenance, Heavy, Restaurant, Type 1, School – Elementary or Secondary, Self-Service Storage, Limited Access, Self-Service Storage, Multi-Access, Shooting Range, Indoor, Skilled Nursing or Residential Treatment Facility, Solid Waste Transfer Station, Theater and Performance Venue, Transportation Facility, Type 2 Excavation, Type 3A Excavation, Type 3B Excavation, Vehicle Sales and Rental, Light, Vehicle or Equipment Sales and Rental, Heavy, Water or Wastewater Treatment Plant, Zoo
Read the full CG zoning guide ›

Frontage Traffic vs. Nearby & Palm Beach County's Busiest Roads

This property fronts Okeechobee Blvd, which FDOT counts at the figure below (2025).
51,500vehicles / day on Okeechobee Blvd (AADT)
Florida Turnpike 95,000
◆ Okeechobee Blvd 51,500
US‑1 / Federal Hwy 46,000
Military Trail 40,000
Congress Ave0.2 mi 16,900
SB I95 to Okeechobee0.3 mi 16,000
SB I95 From WB SR7040.3 mi 11,000
Old Okeechobee Rd100 ft 5,600
This property Nearest FDOT-counted roads (distance) County's busiest roads (approx. peak) Vehicles per day (AADT)
This frontage carries about 20% of I‑95's volume — strong major‑arterial exposure.
Risk & Incentives
🌊 Flood Zone X · minimal ✓ Not in Flood Hazard Not an Opportunity Zone

Neighborhood Demographics · Census Tract 002900

Figures for the census tract this property sits in — the immediate surrounding neighborhood (roughly ½–2 sq. mi). For distance‑based totals, see the 1 / 3 / 5‑mile rings below.
5,963
Population
$37,976
Median Household Income
27
Median Age
1,708
Households
$184,400
Median Home Value
Household Income of 1,708 households
<$50k1,070 63%
$50–100k465 27%
$100–150k162 9%
$150k+11 1%
Age of 5,963 residents
Under 182,131 36%
18–341,684 28%
35–541,607 27%
55–64260 4%
65+281 5%

Trade-Area Rings · Distance from Property

Everyone living within a straight‑line radius of the property — the classic retail trade area. Each ring is cumulative (the 3‑mile total includes the 1‑mile).
1 Mile
16,113
population
5,743 households
$60,006 avg income
3 Miles
115,742
population
47,698 households
$96,132 avg income
5 Miles
262,041
population
100,311 households
$92,630 avg income
Street View Click to load · then drag to look around
Asking Price
$3,636,000
Listing Courtesy of Franklin Street
Brian Richardson
Brian Richardson
Franklin Street
Inquire about this property
Key highlights
  • Newly Executed 7-Year Lease With 2% Annual Increases in West Palm Beach
  • Incredible Visibility: 60,000 VPD on Okeechobee Blvd
  • Prime Urban Location: 275,000+ Residents within 5 Mile Radius
  • Investment Grade Credit: Sixt Rated as BBB by S&P 500
  • Strategic Location Along Okeechobee Blvd Between President Donald J. Trump International Airport, I-95, Downtown West Palm Beach/CityPlace and Palm Be
  • SIXT Has Strong Annual Revenue Growth: $4.28B
Appraiser Data
Parcel Control No.00434329050000070
DOR Use Code2700 — AUTO SERVICE GA
MunicipalityUnincorporated Palm Beach County
Assessed Value$942,484
Land Value$776,405
Improvement Value$160,670
Legal Description
MADRID PARK REPL
Sale History
Sale 1$10 · 8/2004
Source: Palm Beach County Appraiser Records
Proximity
✈ Airports
Palm Beach Intl (PBI) 1.8 mi 9 min drive
Ft. Lauderdale (FLL) 43.8 mi
Miami Intl (MIA) 64.1 mi
⚓ Seaports
Port of Palm Beach 4.9 mi
Port Everglades 42.4 mi
PortMiami 64.3 mi
Building Specifications
CityWest Palm Beach, FL
ZIP Code33409
Year Built1955
Gross Leasable Area1,248 SF
Total Building SF1,248 SF
Land Area22,183 SF
Frontage50’ on Church St 50’ on Church St 52’ on Okeechobee Blvd 50’ on Church St
Lot Size0.51 AC
ConstructionCONCRETE BLOCK
Floor Area Ratio0.056
AmenitiesBus Line; Freeway Visibility; Pylon Sign; Signage; Signalized Intersection
Walk Score50/100
Renovated2026