Main Street Retail Plaza + Four Additional Lots
Fully Leased Shopping Plaza with Four Additional Parcels
Marketing description
Fully leased neighborhood shopping plaza located at 364 South Main Street in Belle Glade, Florida.
The offering includes an approximately 16,592-square-foot retail plaza together with four additional lots, creating a combined site of just under one acre. Positioned along one of Belle Glade’s primary commercial corridors, the property benefits from strong visibility, convenient access and an established location serving the surrounding community.
The shopping center is currently fully leased and generates approximately $172,884 in annual rental income, providing an incoming investor with immediate in-place revenue. The existing tenancy also offers the opportunity to evaluate future rent growth, lease restructuring and operational improvements as leases mature.
Ownership has completed significant recent capital improvements, including the replacement of the roof and HVAC systems within approximately the last three years. These improvements may reduce near-term capital expenditure requirements and provide additional confidence for investors evaluating the property’s long-term operating potential.
A key component of the offering is the inclusion of four additional lots. The multiple-parcel configuration provides added flexibility and may support future parking, expansion, redevelopment or alternative uses, subject to zoning, entitlement and governmental approvals.
With full occupancy, recent capital improvements, Main Street frontage and additional land included in the sale, this property presents a unique opportunity for a private investor, owner-user, redevelopment buyer or 1031 exchange purchaser seeking a strategically located commercial asset in western Palm Beach County.
All income, expense, square footage, parcel and property information should be independently verified by prospective purchasers during due diligence.
Investment highlights
• Fully leased neighborhood shopping plaza in Belle Glade, Florida
• Approximately 16,592 square feet of retail space
• Offering includes the shopping plaza and four additional lots
• Combined site totaling just under one acre
• Approximately $172,884 in current annual rental income + 4 additional lots for future development
• Established tenant base providing immediate in-place income
• Roof replaced within approximately the last three years
• HVAC systems replaced within approximately the last three years
• Prominent location along South Main Street, one of Belle Glade’s primary commercial corridors
• Strong visibility and convenient access for customers and tenants
• Multiple-parcel configuration provides additional flexibility and long-term value
• Opportunity for future rent growth, lease restructuring or redevelopment, subject to zoning and governmental approvals
• Suitable for investors seeking a stabilized retail asset with additional land components
• Potential 1031 exchange opportunity
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