The Royal Palm Center

Highlights

• Spacious modern commercial building offering 3,864 square feet of versatile space
• Suited for office or medical use purposes, catering to a wide variety of professional needs
• Property underwent recent renovation including a new roof, A/C's and windows
• Zoned for Commercial Office (CO) accommodating diverse business requirements
• Very well maintained property and ready for immediate occupancy
• Constructed in 2000 with contemporary design allowing for a long life ahead
• Boasting a spacious unit layout providing flexibility for different occupancy types
• Equipped with ample parking space to accommodate both staff and clients
• Ideally situated in Royal Palm Beach, Florida a prime location for medical office
• Conveniently located in close proximity to medical facilities for and healthcare.

Description

SVN Commercial Partners proudly presents for sale The Royal Palm Center
(the "Property") a +/-3,900 square-foot, single-tenant medical office
building strategically located in Royal Palm Beach, Florida. Situated just off
the intersection of Royal Palm Beach Blvd and Okeechobee Blvd, the
Property offers a prime location for owner-user or investor in a rapidly
growing market.
The Property is located within a beautiful medical office park that benefits
from great accessibility with access from Okeechobee Blvd and Royal Palm
Beach Blvd. The Royal Palm Center is shadowed by and shares a parking
lot with The Crossroads at Royal Palm Beach, a Publix anchored retail plaza
home to tenants such as Walgreens, Dollar Tree, Bank of America, Chase,
and more driving significant traffic to the Property.
The Royal Palm Center is exceptionally well maintained. Current ownership
recently made several renovations to the Property including a complete
roof replacement, hurricane windows and the replacement of 2 of the 4
A/C units. Landscaping and common area maintenance is handled by the
Property Owners Association (POA) of the medical office park. This,
coupled with its strategic positioning in the heart of Royal Palm Beach,
makes The Royal Palm Center an exceptional investment for medical
practices, professional services, or any business seeking a turn-key office
space.
The Royal Palm Center is strategically located adjacent to the Village Golf
Club and directly across the street from Village Royale Shopping Center
and Lakeside Landings, a D.R. Horton newly approved 100-unit townhome
residential project plated to be completed by 2026.
This Property creates an incredible opportunity for a new or established
business to occupy the building, or for an investor to secure a tenant at
market rent, which is estimated to be $25 per square foot NNN.

The Royal Palm Center is strategically positioned in the Village of Royal Palm Beach a rapidly growing city with this property standing as a premier owner-user or investment opportunity. The Property is surrounded by national retailers such as, Publix, Winn-Dixie, Walgreens, CVS, Dollar Tree, Dunkin Donuts, and many others. 130,000 people live within a 5-mile radius of The Royal Palm Center. The Property is centrally located to several suburban neighborhoods, including Wellington, Loxahatchee Groves, and West Palm Beach, providing a wide client base from the surrounding residential areas. Royal Palm Beach is well-known for its numerous parks and dedication to preserving green spaces. Highlights include Veterans Park, Calypso Bay Water Park, and Royal Palm Beach Commons Park. A recent initiative to create a master central park on 25 acres further emphasizes the communities commitment to maintaining its natural beauty and providing ample recreational amenities. Royal Palm Beach embodies the best of South Florida living surrounded by A+ rated public schools, a vibrant community, diverse cultural offerings, and outdoor activities.