west palm beach downtown development opportunity · the property is located in the west palm beach...
Post on 05-Jul-2020
1 Views
Preview:
TRANSCRIPT
colliers.com/southfloridaFOR SALE 506 Datura Street // West Palm Beach // FL VIEW ONLINE
WEST PALM BEACH
Downtown Development
Opportunity This strategically positioned site is
directly across from the Brightline rail station, walking distance to Clematis
Street amenities, the Waterfront and CityPlace. The site is ideal for a
qualified buyer looking to purchase anasset with professional office space and acreted future value, offering a
true long-term development opportunity in a continuously evolving market.
Call for Pricing
Colliers International South Florida, LLC2385 NW Executive Center Drive | Suite 350
Boca Raton, FL 33431P: +1 561 353 3650
Kevin McCarthySenior Director+1 561 951 3404kevin.mccarthy@colliers.com
©2017 Colliers International. Information herein has been obtained from sources deemed reliable, however its accuracy cannot be guaranteed. The user is required to conduct their own due diligence and verification.
Datura St
Building Address 506 Datura Street, West Palm Beach, FL 33407
Parcel Number 74-43-43-21-01-023-0020
Year Built 2002
Gross Building Area ±3,986 SF
Land Size ±0.3282 AC
Zoning QBD-10 - Quadrille Business
County Palm Beach
PROPERTY SPECIFICATIONS
colliers.com/southfloridaFOR SALE 506 Datura Street // West Palm Beach // FL VIEW ONLINE
• Current improvements of ±3,986 SF of Class A Office
• ±0.33-Acre site in the heart of Downtown West Palm Beach
• Strong demographics and growing submarket
• Proximity to retail, restaurants, entertainment and beaches
• Easy access to Interstate 95 and Florida’s Turnpike
• Unique operations zoning based upon location and use requirement, allowing for assemblage development
• Excellent opportunity at a high-visibility location across from the West Palm Beach Brightline station
FEATURES
MAP VIEW
AERIAL VIEW
COLLIERS INTERNATIONAL PAGE 7
The Property is located in the West Palm Beach CBD on Datura Street, just east of N Quadrille Boulevard and north of Okeechobee Bouelvard/Lakeview Avenue. Just steps away from the new Brightline Station, the property is surrounded by a mix of commercial and residential development. The asset offers easy access to surrounding amenities that include area beaches, both fast casual and fine dining and a heavy retail presence at CityPlace and Clematis Street with high-end shopping on Worth Avenue just across the bridge on the island of Palm Beach. The area is served by the Interstate 95 Interchanges on Palm Beach Lakes Boulevard and Okeechobee Boulevard, Amtrak, Tri-Rail and Brightline rail service. The site is accessible to Fort Lauderdale and Miami markets and their corresponding international airports, with Palm Beach International Airport approximately 15 minutes away.
LOCATION OVERVIEW
DISTANCE TO FLORIDA CITIES DISTANCE DRIVING TIME
Fort Lauderdale 45 miles 1 hour
Miami 72 miles 1 hour 15 minutes
Vero Beach 81 miles 1 hour 22 minutes
Orlando 178 miles 2 hours 40 minutes
Orlando
Miami
Ft. Lauderdale
West Palm Beach
Jacksonville
Abacoa Plaza
Datura St
Quadrille Blvd
Quad
rille
Blv
d
Okeechobee Blvd/Lakeview Ave
Datura StSunrise Way
Flagle
r Dr
Tam
arin
d Av
e
Aust
ralia
n Av
e
Clematis St
Banyan Blvd
Evernia St
Fern St
S Sa
podi
lla A
ve
Dixi
e Hw
y/US
1
S Ol
ive
Ave
WPB City Hall
PB CountyTax Collector
Office of the State Attorney
Fourth DistrictCourt of Appeal
PB County Courthouse
Federal Courthouse
Datura St
Datura S
t
Datura St
colliers.com/southfloridaFOR SALE 506 Datura Street // West Palm Beach // FL VIEW ONLINE
CLOCKWISE FROM TOP LEFT: East facing aerial view; South facing aerial of building; Close-up aerial of building; Aerial map; Close-up northeast facing aerial
Datura St
Quadrille Blvd
Clem
atis
St
Fern St
colliers.com/southfloridaFOR SALE 506 Datura Street // West Palm Beach // FL VIEW ONLINE
This document has been prepared by Colliers International for advertising and general information only. Colliers International makes no guarantees, representations or warranties of any kind, expressed or implied, regarding the information including, but not limited to, warranties of content, accuracy and reliability. Any interested party should undertake their own inquiries as to the accuracy of the information. Colliers International excludes unequivocally all inferred or implied terms, condi-tions and warranties arising out of this document and excludes all liability for loss and damages arising there from. This publication is the copyrighted property of Colliers International and/or its licensor(s). ©2017. All rights reserved.
Colliers International South Florida, LLC2385 NW Executive Center Drive | Suite 350
Boca Raton, FL 33431P: +1 561 353 3650
Kevin McCarthySenior Director+1 561 951 3404kevin.mccarthy@colliers.com
top related