www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
29813845
29813846

5 Harvard Cir, West Palm Beach, FL 33409

DD
FL SL3310550
Dunn Commercial
Listed by Dunn Commercial
$3,837,576
109 days on market
Updated 109 days ago

100% Leased Single-Story Professional Office | West Palm Bch

Details
Property Type Office
Sub Type Traditional Office
Square Footage 13,628
Net Rentable (SqFt) 13,628
Units 6
Cap Rate 6.5%
NOI $249,442
Occupancy 100%
Tenancy Multi
Lease Type NNN
Pro-Forma Cap Rate 8.63%
Pro-Forma NOI $331,117
Price per SqFt $282
Broker Co-Op Yes
Year Built 1987
Buildings 1
Stories 1
Acreage 1.100
Zoning CPD (Office/Medical)
Parking Spaces 47 spaces
Parking Per SqFt 3.45
Investment Type Stabilized

Office | 6.50% CAP | 13,628 SqFt

Marketing description

Dunn Commercial is pleased to bring to the market for sale 5 Harvard Circle – a 100% leased, ±13,628 sf highly attractive single-story office building along the Village Boulevard corridor in bustling West Palm Beach, Florida.


5 Harvard Circle is strategically located in the heart of suburban West Palm Beach, within walking distance to dozens of retail, restaurants and hotel options. The property enjoys immediate access to neighboring communities via the areas primary highway system, Interstate 95, (less than one mile from the property) and is mere minutes outside of Downtown West Palm Beach and a short drive to the world renown Palm Beach Island.


In recent years, West Palm Beach has experienced unprecedented growth, attracting many of the Country’s largest and most notable corporations with its competitive, business-friendly environment paired with an unmatched quality of life for its residents. 5 Harvard Circle offers a unique opportunity to acquire a boutique style office building in one of the nation’s most private-capital friendly markets with strong fundamentals and controlled supply.

Investment highlights

  • Impeccably maintained building and grounds with a newer tile roof (2018) and nicely outfitted second-generation office spaces

  • Connectivity (walkable) to neighboring retail center with dozens of restaurants and shopping options.

  • Unique opportunity that allows investors to capture Downtown demand spillover while avoiding direct exposure to new trophy development.

  • Located in an upscale, campus-like corporate park with walking trails, lake views, mature landscaping

  • Great access to I-95 and minutes away from the robust center of Downtown West Palm Beach

  • +/- 32.74% Embedded 4-Year Mark-to-Market Opportunity

Listing Contacts

DD
FL SL3310550
Dunn Commercial
Listed by Dunn Commercial

Valuation Calculator

Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
$
$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$249,442.00
$20,786.83/mo

Valuation Metrics

0
DSCR
6.5%
Cap Rate
6.5%
ROI

Map

Broker Selected Comps View More Comps

Property History

Intelligence Badge

Similar Properties

View All

Additional Information

Name
Darryn Dunn
License
SL3310550
Brokerage
Asset Specialists, Inc.
Brokerage Phone
561-776-9300
Title
Senior Director
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
Is there information that looks off?
For assistance, reach out to our support team at [email protected] or call 888.273.0423 . For press inquiries, contact [email protected]
Equal Housing Opportunity
5510 Lincoln Blvd #400, Los Angeles, CA 90094Commercial Real Estate Exchange, Inc.Crexi Technologies, LLCCXTechnology, LLC
© 2026 Commercial Real Estate Exchange, Inc. All Rights Reserved. DRE #02086591