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High-Visibility Freestanding Retail 622 W Lantana Rd
1,374 SF of Retail Space Available in Lake Worth, FL 33462
Highlights
- Strategic Location: Prime visibility and access along a high-traffic commercial corridor.
- Growth Trends: The Town of Lantana is benefiting from the demographic growth of Southern Palm Beach County.
- Freestanding Opportunity: The single-structure parcels provides prominence and easy access along a busy commercial corridor.
- Retail and Residential Boom: Surrounded by newly opened retail outlets and newly developed residential units across the street.
- Dynamic Zoning: C1 Zoning provides for a wide variety of neighborhood and community-oriented businesses.
- Flexible Terms: Ownership will Entertain all business ideas and deal structures.
Space Availability (1)
Display Rent as
- Space
- Size
- Term
- Rent
- Service Type
Space | Size | Term | Rent | Service Type | ||
1st Floor | 1,374 SF | Negotiable | £39.45 /SF/PA £3.29 /SF/MO £424.64 /m²/PA £35.39 /m²/MO £54,204 /PA £4,517 /MO | Triple Net |
1st Floor
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Central Air and Heating
- Security System
- Drop Ceilings
- Recessed Lighting
- After Hours HVAC Available
- Private Restrooms
- Display Window
- Wheelchair Accessible
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing agent for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
PROPERTY FACTS FOR 622 W Lantana Rd , Lake Worth, FL 33462
Property Type | Retail | Year Built/Renovated | 1983/2017 |
Property Subtype | Freestanding | Parking Ratio | 10/1,000 SF |
Gross Internal Area | 1,374 SF |
Property Type | Retail |
Property Subtype | Freestanding |
Gross Internal Area | 1,374 SF |
Year Built/Renovated | 1983/2017 |
Parking Ratio | 10/1,000 SF |
About the Property
Located on the vibrant W Lantana Road in Southern Palm Beach County, this commercial property offers a freestanding building on a prime corner parcel, providing excellent visibility and accessibility for a wide range of businesses. Formerly licensed as an auto dealership, the property holds the potential for reestablishing this use, offering a unique opportunity for automotive businesses looking to capitalize on its strategic location. Additionally, the site previously operated as an Enterprise Rental Car service center, which enhances its appeal for similar or related services. The area surrounding this property has experienced rapid development, with a surge of new retail establishments and hundreds of newly constructed apartment units directly across the street, drawing a steady flow of customers. With high traffic counts and positioned in a fast-growing corridor, this property is a standout investment opportunity with flexible potential for future business operations. Well situated along the thriving W Lantana Road in Southern Palm Beach County, this commercial property offers 20,810 AADT, ensuring maximum visibility and easy access for customers. The area has seen a significant influx of new retail businesses, along with hundreds of newly developed apartment units directly across the street, making this property a prime investment opportunity. Property Overview: • Zoning: C1 (Commercial), offering flexibility for a range of businesses, from retail to service providers. • Building Size: 1,374 sq. ft. • Lot Size: 0.21 acres • Year Built: 1983 • Parcel Number: 40-43-45-03-10-006-0060 • Traffic Count: 20,810 vehicles per day Location Highlights: • Situated in a high-growth commercial corridor, with dozens of new retailers opening in recent years. • Hundreds of new apartment units have been built directly across the street, increasing the local customer base and demand for services. • The property is just minutes from I-95, providing easy access to the greater Palm Beach area and beyond. Southern Palm Beach County Demographics & Growth Trends: Southern Palm Beach County, and the Town of Lantana in particular, is experiencing robust growth. This growth is driven by an influx of residents and businesses seeking a strategic location between West Palm Beach and Boca Raton. The area’s population has been steadily increasing, supported by new housing developments, rising incomes, and a strong consumer market. Lantana is transitioning into a key commercial hub, attracting both national retailers and local entrepreneurs eager to capitalize on the area’s growth potential. This demographic surge presents businesses with an expanding customer base that includes young professionals, families, and retirees. Southern Palm Beach County boasts a median household income higher than the national average, and its rapidly growing population is fueling demand for additional services, retail options, and residential developments. Flexible Opportunities for Lease, Redevelopment, or Purchase: Ownership is offering this property for lease in its current condition, but also remains open to generous tenant improvements, redevelopment or a sale of the property. All reasonable offers and terms will be considered, providing flexibility for potential investors, developers, or business owners looking to establish a presence in this fast-growing area. Key Advantages: • Strategic Location: Prime visibility and access along a high-traffic commercial corridor. • Retail and Residential Boom: Surrounded by newly opened retail outlets and newly developed residential units across the street. • Growth Trends: The Town of Lantana is benefiting from the demographic growth of Southern Palm Beach County, making this property an exceptional long-term investment. This is a unique opportunity to secure a foothold in a rapidly expanding market. Whether you’re looking to lease, redevelop, or buy, 622 W Lantana Road offers unmatched potential in one of South Florida’s fastest-growing areas. All reasonable offers and deal structures considered. Brokers Protected.
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High-Visibility Freestanding Retail | 622 W Lantana Rd
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