4,000 SF Strip Center For Sale — $5,320,000 — 4530 Donald Ross Rd, Palm Beach Gardens

Executive Summary
Atlantic Capital Partners has been exclusively engaged to solicit offers for the sale of Shops at Donald Ross Village in Palm Beach Gardens, FL. This two-tenant retail center features NNN leases with 3% and 4% annual rent escalations, 7.6 years of WALT and an end-cap drive-thru. Palm Beach Gardens is one of Florida's most affluent and soughtafter markets with a $213,000 AHHI and $1.2 million average home value.

Allowed by right

Office, professional and business

With special approval

Antique shop (only in Donald Ross Village; Legends at the Gardens [P via CN - Res 79 cond. 28, see notes]; PGA Commons Parcel 1 [P via CN]; PGA Commons Parcels 2&3 [P via CN]), Appliance and electronics store (only in Donald Ross Village; Legends at the Gardens [CU via CN]; PGA Commons Parcel 1 [P via CN (CN conditional)]; PGA Commons Parcels 2&3 [P via CN (CN conditional)]; Banyan Tree), Art gallery and museum (only in Donald Ross Village; Legends at the Gardens [CU via CN]; PGA Commons Parcel 1 [P via CN (CN conditional)]; PGA Commons Parcels 2&3 [P via CN (CN conditional)]; Banyan Tree), Art studio, gallery and supplies (only in Donald Ross Village; PGA Commons Parcel 1; PGA Commons Parcels 2&3), Bakery (only in PGA Station; Donald Ross Village; Legends at the Gardens [P via CN - Res 79 cond. 28, see notes]; PGA Commons Parcel 1 [P via CN]; PGA Commons Parcels 2&3; Banyan Tree), Bank/financial institution (no drive-through) (only in PGA Station; Donald Ross Village; Legends at the Gardens [P via CN - Res 79 cond. 28, see notes]; PGA Commons Parcel 1 [P via CN]; PGA Commons Parcels 2&3 [P via CN]; Banyan Tree), Bank/financial institution with drive-through (only in Legends at the Gardens [CU via CN]; PGA Commons Parcel 1 [P via CN (CN conditional)]; PGA Commons Parcels 2&3 [P via CN (CN conditional)]; Banyan Tree [CU]), Banquet hall (300 seats) (only in Midtown [CU]), Barber/beauty shop (only in PGA Station; Donald Ross Village; Legends at the Gardens [P via CN - Res 79 cond. 28, see notes]; PGA Commons Parcel 1 [P via CN]; PGA Commons Parcels 2&3 [P via CN]; Banyan Tree [CU]), Barber/beauty supplies and equipment sales (retail only) (only in Banyan Tree [CU]), Bicycle sales and repair (only in PGA Station; Donald Ross Village; Legends at the Gardens [P via CN - Res 79 cond. 28, see notes]; PGA Commons Parcel 1; PGA Commons Parcels 2&3; Banyan Tree), Blueprinting service (only in Donald Ross Village; PGA Commons Parcel 1; PGA Commons Parcels 2&3), Bookstore (only in PGA Station; Donald Ross Village; Legends at the Gardens [P via CN - Res 79 cond. 28, see notes]; PGA Commons Parcel 1 [P via CN]; PGA Commons Parcels 2&3 [P via CN]; Banyan Tree), Bridal / formalwear store (only in Donald Ross Village; PGA Commons Parcels 2&3), Building, plumbing and electrical contractor office (only in Donald Ross Village), Camera and photographic supplies (only in Donald Ross Village; PGA Commons Parcel 1; PGA Commons Parcels 2&3), Catering service (only in Donald Ross Village; Banyan Tree), China, crockery, glassware and earthenware shop (only in Donald Ross Village; PGA Commons Parcel 1; PGA Commons Parcels 2&3), Clinic, medical or dental (only in PGA Station; Banyan Tree), Clinic, veterinary (only in Banyan Tree), Clothing and accessory store (only in PGA Station; Donald Ross Village; Legends at the Gardens [P via CN - Res 79 cond. 28, see notes]; PGA Commons Parcel 1; PGA Commons Parcels 2&3; Banyan Tree), Club or lodge, private (only in Donald Ross Village; Banyan Tree), Comedy club / night club (only in Donald Ross Village), Commercial photography studio (only in Donald Ross Village; PGA Commons Parcel 1; PGA Commons Parcels 2&3), Community gardens (only in Legends at the Gardens [CU via CN]; PGA Commons Parcel 1 [P via CN (CN conditional)]; PGA Commons Parcels 2&3 [P via CN (CN conditional)]), Confectionery and ice cream shop (only in Donald Ross Village; PGA Commons Parcel 1; PGA Commons Parcels 2&3), Convenience store with gas sales (only in Donald Ross Village), Cosmetics shop (only in Donald Ross Village; PGA Commons Parcel 1; PGA Commons Parcels 2&3), Costume/tuxedo rental (only in Donald Ross Village; PGA Commons Parcel 1; PGA Commons Parcels 2&3), Counseling services (only in Legends at the Gardens [P via CN - Res 79 cond. 28, see notes]; PGA Commons Parcel 1 [P via CN]; PGA Commons Parcels 2&3 [P via CN]), Cultural center and church facilities (only in Midtown), Data processing service (only in Banyan Tree), Day care, child and adult (only in Banyan Tree [CU]), Department store (only in Donald Ross Village), Drugstore or pharmacy (with pick-up window) (only in Donald Ross Village), Drugstore or pharmacy, general (only in PGA Station; Legends at the Gardens [CU via CN]; PGA Commons Parcel 1 [P via CN (CN conditional)]; PGA Commons Parcels 2&3 [P via CN (CN conditional)]; Banyan Tree [CU]), Drugstore or pharmacy, general with drive-through (2 lanes) (only in Legends at the Gardens [major CU]), Drugstore or pharmacy, limited (no drive-through) (only in PGA Station; Legends at the Gardens [P via CN - Res 79 cond. 28, see notes]; PGA Commons Parcel 1 [P via CN]; PGA Commons Parcels 2&3 [P via CN]; Banyan Tree), Dry cleaning (only in PGA Station; Donald Ross Village; Legends at the Gardens [P via CN - Res 79 cond. 28, see notes]; PGA Commons Parcel 1 [P via CN]; PGA Commons Parcels 2&3 [P via CN]), Electronic sales and repair (only in PGA Station; Donald Ross Village; PGA Commons Parcel 1; PGA Commons Parcels 2&3), Emergency health care (only in Donald Ross Village), Employment office (only in Banyan Tree), Express or parcel delivery office (only in PGA Station; Banyan Tree), Floral or florist shop (only in PGA Station; Donald Ross Village; Legends at the Gardens [P via CN - Res 79 cond. 28, see notes]; PGA Commons Parcel 1 [P via CN]; PGA Commons Parcels 2&3 [P via CN]; Banyan Tree), Food market / delicatessen (only in Donald Ross Village; PGA Commons Parcel 1; PGA Commons Parcels 2&3), Fruit and vegetable market (only in Legends at the Gardens [CU via CN]; PGA Commons Parcel 1 [P via CN (CN conditional)]; PGA Commons Parcels 2&3 [P via CN (CN conditional)]; Banyan Tree), Furniture store (only in Donald Ross Village; PGA Commons Parcel 1; PGA Commons Parcels 2&3), Games and entertainment store (only in Donald Ross Village), Gift and card shop (only in PGA Station; Donald Ross Village; Legends at the Gardens [P via CN - Res 79 cond. 28, see notes]; PGA Commons Parcel 1 [P via CN]; PGA Commons Parcels 2&3 [P via CN]; Banyan Tree), Grocery store, retail (only in Donald Ross Village; Legends at the Gardens [CU via CN]; PGA Commons Parcel 1 [P via CN (CN conditional)]; PGA Commons Parcels 2&3 [P via CN (CN conditional)]), Grocery store, specialty (only in PGA Station; Donald Ross Village; Midtown; Banyan Tree), Hardware store (only in Donald Ross Village; PGA Commons Parcel 1; PGA Commons Parcels 2&3), Hardware, paint, glass, wallpaper and floor covering store (only in Donald Ross Village; Legends at the Gardens [CU via CN]; PGA Commons Parcel 1 [P via CN (CN conditional)]; PGA Commons Parcels 2&3 [P via CN (CN conditional)]; Banyan Tree), Health spa / fitness studio (max 3,500 sf) (only in PGA Commons Parcels 2&3), Health, physical fitness, weight reduction and spa (only in PGA Station; Donald Ross Village; Legends at the Gardens [CU via CN]; PGA Commons Parcel 1 [P via CN (CN conditional)]; PGA Commons Parcels 2&3 [P via CN (CN conditional)]; Banyan Tree [CU]), Hobby, fabric and craft shop (only in PGA Station; Donald Ross Village; Legends at the Gardens [P via CN - Res 79 cond. 28, see notes]; PGA Commons Parcel 1 [P via CN]; PGA Commons Parcels 2&3 [P via CN]; Banyan Tree), Hotel/motel (only in PGA Station; Donald Ross Village), Household furnishing store (only in Donald Ross Village; PGA Commons Parcel 1; PGA Commons Parcels 2&3), Interior design (incl. sales) (only in Donald Ross Village; PGA Commons Parcels 2&3; Banyan Tree), Jewelry store (incl. jewelry/clock repair) (only in PGA Station; Donald Ross Village; Legends at the Gardens [P via CN - Res 79 cond. 28, see notes]; PGA Commons Parcel 1 [P via CN]; PGA Commons Parcels 2&3 [P via CN]; Banyan Tree), Laboratory, dental or medical (only in Banyan Tree), Laboratory, industrial R&D (not heavy industrial) (only in Banyan Tree [CU]), Laundry and dry-cleaning pickup station (only in PGA Station; Legends at the Gardens [P via CN - Res 79 cond. 28, see notes]; PGA Commons Parcel 1 [P via CN]; PGA Commons Parcels 2&3 [P via CN]; Banyan Tree), Laundry, self-service (coin-operated) (only in Donald Ross Village; Legends at the Gardens [P via CN - Res 79 cond. 28, see notes]), Linen shop (only in PGA Commons Parcels 2&3), Liquor store (only in Donald Ross Village; PGA Commons Parcel 1; PGA Commons Parcels 2&3), Locksmith (only in PGA Station; Donald Ross Village; PGA Commons Parcel 1; PGA Commons Parcels 2&3), Luggage / leather goods store (only in Donald Ross Village; PGA Commons Parcel 1; PGA Commons Parcels 2&3), Mail and packing store, private (only in PGA Station; Donald Ross Village; Banyan Tree), Marine equipment sales (only in Donald Ross Village), Massage therapist (only in PGA Station; Legends at the Gardens [P via CN - Res 79 cond. 28, see notes]; PGA Commons Parcel 1 [P via CN]; PGA Commons Parcels 2&3 [P via CN]), Medical and dental supply / surgical and orthopedic store (only in Donald Ross Village; Banyan Tree), Medical equipment rental/leasing (only in Donald Ross Village), Medical spa (only in Legends at the Gardens [P via CN - Res 79 cond. 28, see notes]; PGA Commons Parcel 1 [P via CN]; PGA Commons Parcels 2&3 [P via CN]), Microbrewery/craft brewery/brew pub (only in PGA Station [major CU]), Monogramming/embroidery, needle and thread only (only in Banyan Tree [CU, Phase III only (Res 104, 2004)]), Multifamily dwelling (only in PGA Station; Donald Ross Village; Legends at the Gardens; Midtown; PGA Commons Parcels 2&3), Music store / musical instruments (only in Donald Ross Village; PGA Commons Parcel 1; PGA Commons Parcels 2&3), Newsstand (only in Donald Ross Village; PGA Commons Parcels 2&3), Office equipment sales (only in Donald Ross Village), Office, medical or dental (only in PGA Station; Donald Ross Village; Legends at the Gardens [admin approval of traffic/parking analysis]; PGA Commons Parcel 1; PGA Commons Parcels 2&3; Banyan Tree), Optical store (only in Donald Ross Village; PGA Commons Parcel 1; PGA Commons Parcels 2&3), Optical, optician or optometrist office (only in Donald Ross Village; Banyan Tree), Paint and wallpaper store (only in Donald Ross Village; PGA Commons Parcel 1; PGA Commons Parcels 2&3), Park, public (only in Legends at the Gardens [P via CN - Res 79 cond. 28, see notes]; PGA Commons Parcel 1 [P via CN]; PGA Commons Parcels 2&3 [P via CN]), Party supplies rental (only in Donald Ross Village), Personal services (only in PGA Station; Donald Ross Village; Legends at the Gardens [P via CN - Res 79 cond. 28, see notes]; PGA Commons Parcel 1 [P via CN]; PGA Commons Parcels 2&3; Banyan Tree [CU]), Pet grooming shop (only in PGA Station), Pet shop (overnight pets in soundproof building) (only in Donald Ross Village; PGA Commons Parcels 2&3), Photo film developing and printing (only in Donald Ross Village), Photo studio and processing (only in Banyan Tree), Photocopying store (only in Donald Ross Village), Picture framing (only in Donald Ross Village; Legends at the Gardens [P via CN - Res 79 cond. 28, see notes]; PGA Commons Parcel 1 [P via CN]; PGA Commons Parcels 2&3 [P via CN]; Banyan Tree), Places of assembly (100 seats or less) (only in Legends at the Gardens [P via CN - Res 79 cond. 28, see notes]; PGA Commons Parcels 2&3 [P via CN]), Places of assembly (101 to 500 seats) (only in Legends at the Gardens [CU via CN]; PGA Commons Parcels 2&3 [P via CN (CN conditional)]), Places of assembly (501 or more seats) (only in Legends at the Gardens [CU via CN]; PGA Commons Parcels 2&3 [P via CN (CN conditional)]), Post office (only in Legends at the Gardens [CU via CN]; PGA Commons Parcel 1 [P via CN (CN conditional)]; PGA Commons Parcels 2&3 [P via CN (CN conditional)]; Banyan Tree), Pottery shop (only in PGA Station; Donald Ross Village; Legends at the Gardens [P via CN - Res 79 cond. 28, see notes]; PGA Commons Parcel 1 [P via CN]; PGA Commons Parcels 2&3 [P via CN]; Banyan Tree), Print shop (only in Banyan Tree), Printing and publishing (not heavy industrial) (only in Banyan Tree [CU]), Recreation center, public (only in Legends at the Gardens [CU via CN]; PGA Commons Parcel 1 [P via CN (CN conditional)]; PGA Commons Parcels 2&3 [P via CN (CN conditional)]), Restaurant with drive-through (Building C only) (only in Donald Ross Village [major CU]), Restaurant, sit-down (general/quality/specialty; no drive-through) (only in PGA Station; Donald Ross Village; Legends at the Gardens [P via CN - Res 79 cond. 28, see notes]; Midtown; PGA Commons Parcel 1; PGA Commons Parcels 2&3; Banyan Tree), Restaurant, take-out (only in PGA Station), Retail, general (only in Donald Ross Village; Banyan Tree [CU]), Retail/commercial (types not itemized in sources found) (only in Midtown), Schools, public and private (only in Banyan Tree [CU]), Shoe repair (only in Legends at the Gardens [P via CN - Res 79 cond. 28, see notes]; PGA Commons Parcel 1 [P via CN]; PGA Commons Parcels 2&3 [P via CN]), Shoe store (only in Donald Ross Village; PGA Commons Parcel 1; PGA Commons Parcels 2&3), Soft goods store (only in Donald Ross Village), Specialty retail (only in PGA Station), Sporting goods store (only in Donald Ross Village; PGA Commons Parcel 1; PGA Commons Parcels 2&3), Stationery shop (only in Donald Ross Village), Studio or school, instructional (art, business, dance, yoga) (only in Donald Ross Village; Banyan Tree), Studio, professional (only in Donald Ross Village; Banyan Tree), Swimming pool supplies (only in Donald Ross Village), Tailor / alterations (only in PGA Station; Donald Ross Village; PGA Commons Parcel 1; PGA Commons Parcels 2&3), Telecommunication equipment sales (personal use) (only in Donald Ross Village), Theater, small (500 seats) / church (only in Midtown [CU]), Thrift and used merchandise store (only in Legends at the Gardens [CU via CN]; PGA Commons Parcel 1 [P via CN (CN conditional)]; PGA Commons Parcels 2&3 [P via CN (CN conditional)]), Tobacco shop (only in Donald Ross Village; PGA Commons Parcel 1; PGA Commons Parcels 2&3), Townhouses (only in Midtown; PGA Commons Parcel 1; PGA Commons Parcels 2&3), Toy store (only in Donald Ross Village; PGA Commons Parcel 1; PGA Commons Parcels 2&3), Travel agency (only in PGA Station; Donald Ross Village; PGA Commons Parcel 1; PGA Commons Parcels 2&3; Banyan Tree), Utilities, minor (only in Donald Ross Village; Legends at the Gardens [P via CN - Res 79 cond. 28, see notes]; PGA Commons Parcel 1 [P via CN]; PGA Commons Parcels 2&3 [P via CN]), Veterinary office and clinic (only in Donald Ross Village; Legends at the Gardens [P via CN - Res 79 cond. 28, see notes]; PGA Commons Parcel 1 [P via CN]; PGA Commons Parcels 2&3; Banyan Tree), Video rental and sales (family oriented) (only in Donald Ross Village; PGA Commons Parcels 2&3; Banyan Tree [CU]), Wireless telecommunication facilities (only in Legends at the Gardens [P via CN - Res 79 cond. 28, see notes]; PGA Commons Parcel 1 [P via CN]; PGA Commons Parcels 2&3 [P via CN])