10,090 SF Multi-Tenant Retail For Sale — $2,500,000 — 362-364 S Main St, Belle Glade

Exclusive Listing

Executive Summary
OFF-MARKET SOUTH PALM BEACH COUNTY RETAIL INVESTMENT
Rare opportunity to acquire a fully leased neighborhood shopping plaza in South Palm Beach County offering immediate in-place income, strong corridor visibility and meaningful future upside.
Offered at $2,500,000, the property consists of approximately 10,090 square feet of retail and service space situated on an approximately 0.95-acre primary site, together with four additional parcels totaling approximately 0.80 acres. The plaza is 100% occupied by five tenants, including nationally recognized operators Quest Diagnostics and Boost Mobile, providing a diversified tenant mix and average annual rent increases of approximately 3%.
Positioned on a prominent corner along a major commercial corridor, the property benefits from strong visibility, convenient access and B-2 commercial high-density zoning. Recent capital improvements include the replacement of the roof and HVAC systems within the past three years, helping reduce near-term capital expenditure requirements for a new owner.
What distinguishes this opportunity is its combination of stabilized income and longer-term value creation. This is not simply a traditional cap-rate acquisition. The four additional parcels offer potential for future development, expansion of the existing center, additional retail or service uses, or long-term land appreciation, subject to applicable governmental approvals.
Investment Highlights
Approximately 10,090-square-foot shopping plaza
Approximately 0.95-acre primary site
Four additional parcels totaling approximately 0.80 acres
100% leased to five tenants
Tenant roster includes Quest Diagnostics and Boost Mobile
Average annual rent increases of approximately 3%
Immediate in-place income with diversified tenancy
Prominent corner along a major commercial corridor
Strong visibility and convenient access
B-2 commercial high-density zoning
Roof and HVAC systems replaced within the past three years
Future development, expansion and land-appreciation potential
South Palm Beach County location
An attractive opportunity for retail investors, private capital, 1031 exchange buyers and groups seeking stabilized income together with a meaningful value-add component.
Detailed financial and property information is available to qualified prospective buyers upon execution of a non-disclosure and confidentiality agreement. All information is subject to independent verification and buyer due diligence.
Exclusive Listing Agents:
Jamie Bederak
Jessica Feingold, Esq.

Allowed by right

Not verified - the itemized B-2 permitted principal use section in Chapter 31, Article II could not be retrieved, so no official by-right category labels are recorded

With special approval

General retail store / storefront shop, Convenience store, Grocery store / supermarket / bodega / mercado, Clothing / apparel / shoe store, Furniture and home furnishings store, Appliance and electronics store, Hardware store / paint store, Auto parts store (no on-site vehicle work), Pharmacy / drugstore, Beauty supply store, Cell phone / wireless store, Dollar store / variety store, Florist, Bakery (retail), Restaurant (sit-down), Fast food / quick service restaurant, Cafe / coffee shop, Taqueria / food takeout counter, Ice cream / juice / smoothie shop, Barber shop, Hair salon / beauty salon, Nail salon, Barbering/cosmetology suite rental (booth rental), Tattoo / body art studio, Dry cleaner / laundry drop-off, Self-service laundromat / coin laundry, Shoe repair / tailor / alterations, Pet grooming, Business or professional office, Insurance agency / real estate office, Tax preparation / accounting / bookkeeping office, Law office, Bank / credit union / financial institution, Check cashing / money transfer / remittance store, Travel agency, Medical or dental office / clinic, Physical therapy / chiropractic office, Urgent care, Optometrist / eyewear shop, Veterinary clinic (indoor, no outdoor kennels), Fitness gym / weight training studio, Boxing / MMA / jiu-jitsu gym, CrossFit / functional training box, Dance studio, Yoga / pilates studio, Indoor party / event / banquet hall, Barbershop-style trade school / vocational or tutoring school, Daycare / child care center, Church / place of worship in a commercial storefront, Funeral home, Print shop / copy center / sign shop (retail), Photography studio, Hotel / motel, Bar / lounge / package liquor store, Gas station / filling station, Auto service station / repair garage, Tire shop, Car wash, Auto / used car sales lot, Dwelling unit(s) above or within a business building