The Shoppes at Southern Palms 8751-8795 Southern Blvd 195,248 SF 100% Leased Retail Building West Palm Beach, FL 33411 $53,037,036 CAD ($271.64 CAD/SF) 6.25% Cap Rate

The Shoppes at Southern Palms is a 195,248-square-foot power shopping center located in a densely populated West Palm Beach neighborhood at 8751-8795 Southern Boulevard. This bustling 14-tenant center offers exceptional storefront shopping with ample surface parking, surrounded by a strong national tenancy in and around the center. The property is 100% leased and anchored by national tenants like Kohl's, Dollar Tree, and South Florida's first Dick's Sporting Goods location. In addition to its well-known anchors, the Shoppes at Southern Palms exudes beautiful upscale landscaping and excellent curb appeal. Investors will benefit from the property's strategic location, significant occupancy, high returns, and the area's ongoing appreciation driven by tourism and growing residential communities.

Located just off the Florida Turnpike on heavily traveled Southern Boulevard, the Shoppes at Southern Palms boasts prominent visibility with a combined traffic count of over 80,000 cars per day, drawing shoppers from a large trading area. The center is adjacent to the South Florida Fairgrounds and iTHINK Financial Amphitheater, which attracts over 1 million visitors to this intersection and further enhances this vibrant locale. Southern Boulevard is the primary East/West thoroughfare of Northern Palm Beach County, delivering a seamless connection for the communities of Royal Palm Beach and Wellington. The Shoppes at Southern Palms is ideally positioned less than a mile from the Florida Turnpike, providing frictionless access for South Florida residents and visitors alike.