Gun Club Shopping Center - CALL FOR OFFERS - MARCH 31, 2026
102,900 SqFt
Marketing description
Gun Club Shopping Center is a fully leased 102,900 SF grocery anchored center strategically positioned along the signalized intersection of Gun Club Road and South Military Trail in West Palm Beach, Florida.
Situated on 11.63 acres in a dense infill trade area, the property benefits from excellent visibility, multiple points of ingress/egress, and proximity to established residential neighborhoods and workforce-driven demand.
The center is anchored by Presidente Supermarket and Dollar General, providing consistent daily traffic and necessity-based consumer draw. The tenant mix includes a diversified blend of grocery, service, restaurant, medical, and Palm Beach County’s Sherrif’s office as well as multiple service oriented and E commerce resilient retail tenants, all are a perfect fit for the local demographics.
Mark to market rents present a rare value-add potential and durable income stream.
Located within one of Palm Beach County’s most established retail corridors, the asset benefits from strong demographics, limited competing supply, and high barriers to entry driven by elevated land values and construction costs. This offering presents investors with a stabilized cash-flowing asset complemented by measurable near-term rental growth potential.
Investment highlights
- Value-Add: most tenant rent is well below market. 25% of them expire without renewal options
- Anchored by Presidente Supermarket and Dollar General
- Signalized Intersection: Over 51,000 combined AADT
- Established Infill Location with 137,000+ Residents Within 3 Miles
- Infill location in South Florida Submarket
- Roof: Replaced in 2022 and 2024
- In-Place NOI of $985,672
- Year 5 NOI: $1,455,230
- CAGR (10YR): 9.51%
- Tenant Mix: 49% Retail, 40% Services, 11% Fast food
- National Tenancy: 41%
- Occupancy: 100%
- Parking: 800
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