5,750 SF Freestanding For Sale — $2,425,000 — 5601 Okeechobee Blvd, West Palm Beach – #68657

Executive Summary
Two Tenants Since 2011 — 68,000 VPD on West Palm Beach's Premier Retail Corridor
Investment highlights
High-Traffic Location: Positioned along Okeechobee Boulevard with exposure to approximately 68,000 vehicles per day, providing exceptional visibility.
Premier Retail Corridor: Located along one of West Palm Beach’s primary commercial corridors with convenient access to the Florida Turnpike, I-95, and Downtown West Palm Beach.
Long-Term Tenancy: Two established tenants have occupied the property since 2011, demonstrating strong commitment to the location.
Below-Market Rents: The property benefits from below-market rental rates, supporting tenant retention while providing potential long-term upside.
Oversized 1.4-Acre Parcel: Situated on approximately 1.4 acres along Okeechobee Boulevard.
Minimal Landlord Responsibilities: Real estate taxes, insurance, and interior maintenance are passed through to the tenants.
Favorable Florida Tax Environment: Florida has no state individual income tax, supporting continued population, business, and investment growth.

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