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For Sale Available Listing #84869

5,000 SF Supermarket / Grocery Anchor For Sale — $13,600,000 — 2900-3002 Broadway, Riviera Beach – #84869

2900-3002 Broadway · 1st Floor · Riviera Beach, FL 33404
5,000 SFAvailable space
Shopping CenterProperty type
16Parking spaces
1998Renovated
Quick Unit Specs
For Sale
$13,600,000 Asking Price
$178.72 Price / SF
7% Cap Rate
$952,000 NOI
1,051 / 257 days Days on market / avg to sell
The Space
5,000 SF Sq Ft
Shopping Center Type
1st Floor 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
16 spaces Estimated Parking
3.26 Parking Ratio
Location Map Click to explore · switch to satellite inside the map
Space Description & Highlights
Rent-A-Center began in 1973 as a rent-to-own business focused on furniture and household goods, later building a broader retail model around flexible payment agreements. The company offers furniture, appliances, electronics, computers, tools, and related home essentials through online and store-based shopping, with services that include delivery, setup, and product service and repair in its payment agreements. Rent-A-Center maintains a wide presence across the United States and Mexico and remains centered on branded household goods for shoppers seeking alternatives to traditional credit-based buying.
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
We are offering for sale a prime retail property located directly on Broadway, featuring over 75,000 square feet of space leased to a mix of national and regional tenants. The center benefits from strong visibility and traffic, with more than 20,000 cars per day along Broadway.
Key highlights include:
Over 6 acres of land, providing significant future development potential, including the opportunity for a residential component
New residential developments currently under construction along Broadway, supporting long-term demand for retail and mixed-use space
In-place income from existing tenants, with an additional ±$240,000 of upside potential from leasing current vacant space
High-visibility Broadway frontage with robust daily traffic counts
If you would like additional information, including rent roll, financials, pricing guidance, or a full offering memorandum, please let me know and I’d be happy to provide more details or schedule a time to discuss.
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
Clothing / apparel store (boutique), Shoe store, Furniture and home furnishings store, Home accessories / decor shop, Electronics and cell phone store, Sporting goods store, Hobby shop / games and comics store, Music store / instruments, Bookstore / stationery and office supply, Florist / flower shop, Gift shop / souvenir shop, Pharmacy / drugstore, Grocery store / supermarket, Convenience store / bodega (without fuel pumps), Delicatessen / specialty food market, Bakery (retail storefront), Pet supply shop, Hardware store, Sit-down / full-service restaurant, Fast-casual restaurant / quick service, Coffee shop / cafe, Juice bar / smoothie shop, Ice cream / frozen yogurt shop, Pizzeria, Caribbean / soul food / ethnic restaurant, Law office, Accounting / CPA / tax preparation office, Insurance agency, Real estate brokerage office, Title company / escrow office, Architecture / engineering / design office, Marketing, IT, consulting or general business office, Bank / credit union branch, Urgent care clinic, Physician / general practice medical office, Dental office / orthodontist, Optometrist / eyewear shop, Chiropractor, Physical therapy / rehab clinic
With special approval
Drive-through restaurant, Dialysis or outpatient specialty medical facility, Barbershop, Hair salon / beauty shop, Nail salon, Day spa / massage establishment, Tattoo / body art studio, Dry cleaner / laundromat, Tailor / alterations / dressmaker, Shoe repair shop, Jewelry repair / watch repair, Appliance repair or service shop, Pest control service office, Pet grooming, Veterinary clinic / animal hospital, Gym / fitness center, CrossFit / functional training box, Jiu-jitsu, boxing or martial arts studio, Yoga or pilates studio, Dance studio, Trade or vocational school, Tutoring / test-prep learning center, Child care / daycare center / preschool, Church / house of worship and educational buildings, Employment / staffing agency, Temporary labor employment office, Bar / tavern / cocktail lounge, Nightclub / live entertainment venue, Brewery taproom / brewpub, Liquor / package store, Pawn shop, Medical marijuana dispensary, Funeral home / mortuary, Hotel or motel, Auto repair garage / mechanic shop, Tire shop, Oil change / quick lube, Car wash / auto detailing, Gasoline service station with convenience store, Auto parts store, Car / truck rental agency, Recycling center or recycling facility
Read the full CG zoning guide ›

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

This property fronts Broadway (Broadway Ave), which FDOT counts at the figure below (2025).
27,000vehicles / day on Broadway (AADT)
I‑95 (interstate) 255,000
Florida Turnpike 95,000
Okeechobee Blvd 62,000
US‑1 / Federal Hwy 46,000
Military Trail 40,000
◆ Broadway 27,000
Blue Heron Blvd0.2 mi 22,000
Blue Heron Blvd0.2 mi 18,400
Lakeshore Dr0.1 mi 6,000
Ave E0.2 mi 3,600
This property Nearest FDOT-counted roads (distance) County's busiest roads (approx. peak) Vehicles per day (AADT)
This frontage carries about 11% of I‑95's volume — solid commercial‑corridor traffic.
Risk & Incentives
🌊 Flood Zone X · minimal ✓ Not in Flood Hazard Not an Opportunity Zone

Neighborhood Demographics · Census Tract 001200

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.
4,432
Population
$51,632
Median Household Income
48
Median Age
1,926
Households
$220,200
Median Home Value
Household Income of 1,926 households
<$50k916 48%
$50–100k458 24%
$100–150k413 21%
$150k+139 7%
Age of 4,432 residents
Under 18786 18%
18–34972 22%
35–54883 20%
55–64990 22%
65+801 18%

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
10,615
population
4,519 households
$88,767 avg income
3 Miles
65,016
population
25,176 households
$100,221 avg income
5 Miles
156,985
population
63,728 households
$108,269 avg income
Street View Click to load · then drag to look around
Asking Price
$13,600,000
Listing Courtesy of One Investment Group
Joseph Scarfone
Joseph Scarfone
One Investment Group
Inquire about this property
Key highlights
  • Heavy traffic counts in up and coming area. Federal Hwy 25,376, Broadway 23,000, and W. Blue Heron Blvd 18,300
  • Within 10 miles of Palm Beach International Airport.
  • 29,259 households within 3 miles with an average income of $52,598
Appraiser Data
Parcel Control No.56434228190000170
MunicipalityRiviera Beach
Assessed Value$8,700,000
Improvement Value$4,926,720
Legal Description
MIRAMAR PARK REPL
Sale History
Sale 1$4,991,238 · 4/2018
Source: Palm Beach County Appraiser Records
Proximity
✈ Airports
Palm Beach Intl (PBI) 10.0 mi 20 min drive
Ft. Lauderdale (FLL) 49.6 mi
Miami Intl (MIA) 69.9 mi
⚓ Seaports
Port of Palm Beach 1.1 mi
Port Everglades 48.0 mi
PortMiami 70.0 mi
Building Specifications
CityRiviera Beach, FL
ZIP Code33404
Year Built1986
Gross Leasable Area76,098 SF
Total Building SF82,633 SF
Total Available5,000 SF
Land Area275,579 SF
Frontage436’ on Broadway
Lot Size6.00 AC
Parking (building)248 Spaces
ConstructionSTUCCO ON MASON
Parking Ratio3.26/1,000 SF
Floor Area Ratio0.3
Percent Leased87%
AmenitiesTenant Controlled HVAC
Walk Score50/100
Renovated1998

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