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Island Plaza 2900-3002 Broadway 80,189 SF 84% Leased Retail Building Riviera Beach, FL 33404 $19,822,065 CAD ($247.19 CAD/SF) 7.01% Cap Rate

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INVESTMENT HIGHLIGHTS

  • Heavy traffic counts in up and coming area. Federal Hwy 25,376, Broadway 23,000, and W. Blue Heron Blvd 18,300
  • Within 10 miles of Palm Beach International Airport.
  • 29,259 households within 3 miles with an average income of $52,598

EXECUTIVE SUMMARY

This prime location directly on Broadway. Existing 75,000 square foot shopping center with national tenants. Property sits on over 5.5 acres of land. A new 20 story residential developments going up along Broadway.
Income producing property with a value add opportunity.

ATTACHMENTS

Island Plaza

PROPERTY FACTS

Sale Type
Investment
Sale Conditions
1031 Exchange
Property Type
Retail
Property Subtype
Freestanding
Building Size
80,189 SF
Building Class
B
Year Built/Renovated
1986/1998
Price
$19,822,065 CAD
Price Per SF
$247.19 CAD
Cap Rate
7.01%
NOI
$1,388,584 CAD
Percent Leased
84%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.33
Lot Size
5.54 AC
Zoning
CG, Riviera Beach - General Commercial, Riviera Beach
Parking
248 Spaces (3.1 Spaces per 1,000 SF Leased)
Frontage
436’ on Broadway

AMENITIES

  • Tenant Controlled HVAC

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE TYPE
  • LEASE END
  • Dollar Tree
  • Retailer
  • 10,000 SF
  • -
  • Triple Net
  • -
  • Retailer
  • -
  • -
  • -
  • -

Family Dollar is a neighborhood-focused retailer committed to providing everyday essentials at affordable prices. With merchandise typically ranging from $1 to $10, Family Dollar offers a wide selection of competitively priced national brands alongside value-driven private labels. Customers can find food and beverages, paper goods, health and beauty products, pet supplies, home décor, apparel, seasonal items, and personal electronics—all in one convenient location. Family Dollar stores are strategically located in communities across the country, including underserved areas often lacking access to affordable retail options. By placing stores in these neighborhoods, Family Dollar helps improve the availability of essential goods while saving customers time and money. The company’s mission is rooted in delivering value, convenience, and reliability to families seeking quality products on a budget.

  • Rental and Leasing Services
  • -
  • -
  • -
  • -

Rent-A-Center is a rent-to-own industry leader with a mission to improve the quality of life for their customers. They understand that making decisions about big items like furniture, appliances, and electronics is a big deal, which is why they offer the Rent-A-Center Worry-Free Guarantee: They give people the name-brand items they want, like Ashley Furniture, Whirlpool appliances and Samsung electronics, at a payment they can afford with the option to own it when they are ready. Plus, they offer six months same as cash, an early purchase discount, competitor price match and free same-day delivery.

TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE TYPE LEASE END
Dollar Tree Retailer 10,000 SF - Triple Net -
Retailer - - - -
Rental and Leasing Services - - - -

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • POSITION
  • AVAILABLE
  • 1st Floor
  • 650-8,000 SF
  • Retail
  • In-Line
  • Now
  • 1st Floor
  • 5,000 SF
  • Retail
  • End Cap
  • Now
  • C17A-2
  • 10,890 SF
  • Medical
  • In-Line
  • 120 Days
Space Size Space Use Position Available
1st Floor 650-8,000 SF Retail In-Line Now
1st Floor 5,000 SF Retail End Cap Now
C17A-2 10,890 SF Medical In-Line 120 Days

1st Floor

Size
650-8,000 SF
Space Use
Retail
Position
In-Line
Available
Now

1st Floor

Size
5,000 SF
Space Use
Retail
Position
End Cap
Available
Now

C17A-2

Size
10,890 SF
Space Use
Medical
Position
In-Line
Available
120 Days
Walk Score®
Very Walkable (72)
Bike Score®
Very Bikeable (70)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

NEARBY MAJOR RETAILERS

Publix
Truist
Comerica

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
56-43-42-28-19-000-0170
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$8,422,560 CAD
  • Listing ID: 30169251

  • Date on Market: 2023-11-27

  • Last Updated:

  • Address: 2900-3002 Broadway, Riviera Beach, FL 33404

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