Description
Port Center is a 60,969-square-foot, three-story executive office building located in Riviera Beach, FL. Built in 1999 and renovated in 2018, the property is in excellent condition and offers a strong parking ratio of 4.37 spaces per 1,000 square feet, with 264 surface parking spaces on a 5.91-acre site.
The building is fully leased, presenting an opportunity for an owner-user to establish a long-term headquarters presence while benefiting from existing in-place income. A future owner could strategically plan for phased occupancy as leases expire, allowing for a seamless transition into the space while maintaining cash flow from existing tenants.
Strategically located in Riviera Beach, the property enjoys proximity to major transportation corridors and a strong local economic base. Its modern improvements, expansive site, and ample parking make it well-suited for a corporate headquarters, regional office hub, or institutional user seeking a prominent South Florida presence.
Port Center represents a rare opportunity for an owner-user to secure a high-quality office asset with immediate income and long-term occupancy potential in a well-positioned market.
Offering Summary
- Asking PriceUnpriced
- Property TypeOffice
- Size60,969 SF
- Occupancy100%
- Built1999
- ParkingSurface
- Total Acres~5.91 ac
Sale Details
- NOI$986,582
- In-Place Rents25
- Investment Period5 Years
Documents
Property Address
Property Details
- Property Type
Office - Square Feet
60,969 SF - Occupancy
100% - Building Class
B - Year Built
1999 - Year Renovated
2018 - Stories
3 - Parking Ratio
4.37 per 1000 Sq Ft - Total Parking
264 - Tenancy
Multi - Operating Expenses ($/SF/yr)
9.44 $/SF/yr - Lease Type
Full-Service Gross - Zoning
IG - Acres
5.91
Deal Team



