9840 FL A1A Alt - Outparcel -Promenade Shopping Center

Perfect location for multi-family development. The site is a prime outparcel to the Promenade Shopping Plaza, located on the north side of the plaza at the entrance with traffic signal at intersection. The plaza is a 200,000 square foot shopping center located on the northeast corner of Alternate A1A and Lighthouse Drive in Palm Beach Gardens, Florida and is anchored by Publix and Planet Fitness. The center is located in a densely populated residential market, boasting average annual household incomes in excess of $80,000 per year in a 5-mile radius. The center has access to a strong daytime population immediately to the north and south. The traffic at the intersection is 25,500 cars per day. This outparcel carries a full reciprocal easement agreement with the Promenade Shopping Center. Other existing outparcels include Mobil, Wells Fargo Bank, McDonalds and Miller' s Ale House and Mr. Bubbles.