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For Sale

Prime Commercial Development Opportunity

11961 U.S. Highway One,
North Palm Beach, FL 33408

Asset Snapshot

1950
Year Built
1
Floor Count
0.30 Acres
Land Area
100%
Occupancy

Offering Summary

Investment Overview

Exceptional commercial lot featuring approximately 100 feet of frontage along U.S. Highway 1 in unincorporated Palm Beach County. The property offers outstanding visibility, easy ingress and egress, and exposure to one of the area's most heavily traveled corridors. Strategically located just one-half mile north of PGA Boulevard on the west side of U.S. Highway 1, the site is ideally suited for a variety of commercial uses including retail, office, medical, professional services, and mixed-use commercial development. The surrounding area is home to some of South Florida's most affluent residential communities, including Lost Tree Village and Seminole Landing, providing a strong demographic base and significant purchasing power. Less than one-half mile north is the corporate headquarters campus of NextEra Energy and Florida Power & Light Company (FPL), employing approximately 8,700± professionals. This location offers a rare opportunity to develop along one of Palm Beach Gardens' most desirable commercial corridors, surrounded by strong demographics, major employers, established retail centers, and affluent residential communities. The big new retailer being proposed for Oakbrook Square in Palm Beach Gardens is Bass Pro Shops. The plans call for a massive two-story, approximately 80,000-square-foot store at the northeast corner of U.S. 1 and PGA Boulevard. The proposed store would replace the former Jacobson's / Stein Mart / Tuesday Morning building at the north end of the shopping center and include: A new two-story Bass Pro Shops superstore Parking lot improvements Architectural upgrades throughout Oakbrook Square with a "Coastal Key West" style An additional new 5,700-square-foot outparcel building near the existing Starbucks and Chipotle


Investment Highlights

  • 100± feet of frontage on U.S. Highway 1
  • Half-mile north of PGA Boulevard
  • Unincorporated Palm Beach County
  • Excellent visibility and accessibility
  • Retail, office, medical, and commercial development potential
  • Near 8,700± employee NextEra Energy/FPL corporate campus
  • Across from Seminole Shops and Oakbrook Square
  • Affluent surrounding demographics
  • High traffic counts and strong daytime population

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Listing Syndicated From

Buildout
For Sale
$890,000
Asking Price