Outparcel Promenade Shopping Center

Properties for Lease

Outparcel Promenade Shopping Center

Address

9840 FL A1A Alt,
Palm Beach Gardens, FL 33410

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Property Type: Land
Listing Status: Active

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Property Description

Perfect location for a free-standing bank, restaurant or multi-tenant building with plenty of parking. The site is a prime outparcel to the Promenade Shopping Plaza, located on the north side of the plaza at the entrance with traffic signal at intersection. The plaza is a 200,000 square foot shopping center located on the northeast corner of Alternate A1A and Lighthouse Drive in Palm Beach Gardens, Florida and is anchored by Publix and Planet Fitness. The center is located in a densely populated residential market, boasting average annual household incomes in excess of $80,000 per year in a 5-mile radius. The center has access to a strong daytime population immediately to the north and south. The traffic at the intersection is 25,500 cars per day. This outparcel carries a full reciprocal easement agreement with the Promenade Shopping Center. Other existing outparcels include Mobil, Wells Fargo Bank, McDonalds and Miller' s Ale House and Mr. Bubbles. 

Location Description

Located on ALT A1A between Northlake and PGA Blvd. Retail pad anchored at the entrance of Promenade Shopping Center with a Publix Supermarket, McDonalds and Wells Fargo Bank.

Additional Information Site Highlights Demos/Traffic
Building Size: 3.25 Acres
Min. Divisible Space: 3.25 Acres
Max. Contiguous Space: 3.25 Acres
Price: $200,000 /Year
Lot Size: 3.25 Acres

PROPERTY HIGHLIGHTS: Outparcel is adjacent to the entrance of a 201,545 SF community shopping center anchored by Publix, Planet Fitness, ACE Hardware and Bealls Outlet. Outparcels include Mobil (#2), Mr. Bubbles Carwash, McDonalds, Wells Fargo Bank, & Miller Ale House

 Located in the highly desirable Palm Beach Gardens Market.  Ideally situated on Alternate A1A, between PGA Blvd and Northlake Blvd.

 

                                             1 mile                   3 mile                   5 mile

2018 Population               14,277                  85,833                  150,065

2023 Population               14,847                  90,572                  159,010

2018 Ave HH Income      $77,968               $85,883               $95,687

2018 Med HH Income     $58,456               $56,577               $59,869

Recent News

Publix Pursues Vision of Service and Ownership

Todd Jones may be the CEO of Publix Super Markets, but it’s clear that he’s never let that title, or any executive position before it, get in the way of understanding the intricacies of the grocery business.

Walmart earnings top expectations as customers’ new shopping habits send e-commerce sales soaring 79%

“We think these new customer behaviors will largely persist and we’re well positioned to serve customers with the value and experience they’re looking for,” Walmart CEO Doug McMillon said in a news release.

CBRE predicts 20% reduction in total U.S. retail square footage by 2025

The year 2021 will see a strengthened recovery of all U.S. commercial real estate sectors as the broader economy bounces back from the pandemic-induced recession.