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Merchants Walk 8776 Lantana Rd 1,811 - 4,331 SF of Office/Retail Space Available in Lake Worth, FL 33467
HIGHLIGHTS
- 213-feet of frontage on Lantana Road: visibility by a daily traffic count of 24,532 vehicles.
- 3-square mile population equals 71,000: forecasts predict that the area will grow in population by 5% over the next 4 years.
- 3 Buildings in total - including a quick service restaurant with drive thru to boost traffic (Cali Coffee)
- Brand new raw & vanilla shell spaces located in mid Palm Beach County: just east of Lyons Rd and minutes to the 441 corridor.
- Property is in close proximity to many amenities: restaurants, fitness center, pharmacy, and a golf course: all within a 10-minute drive.
SPACE AVAILABILITY (2)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste B108 | 2,520 SF | 5-10 Years | Upon Request Upon Request Upon Request Upon Request | Triple Net (NNN) | ||
| 1st Floor, Ste B110 | 1,811 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Negotiable |
8744 Lantana Rd - 1st Floor - Ste B108
New construction (Merchant's Walk) located in Palm Beach county: minutes to the 441 corridor. Building B is an office/retail offering with an expected delivery date of July 2024. The building will offer a total of 7 suites. The property will have a restaurant: 4,500 square foot one-story restaurant with drive-thru lanes. The daily traffic volume average is 24, 500: 213 feet of frontage to Lantana Rd.
- Lease rate does not include utilities, property expenses or building services
- Space is in Excellent Condition
- Central Air Conditioning
- PRE LEASING NOW! DELIVERY June 2024
- On-site restaurant and high-end retail.
- Office/retail building with 7 suites.
- Visibility to 24,500 daily drivers.
8744 Lantana Rd - 1st Floor - Ste B110
- Fits 5 - 15 People
- Space is in Excellent Condition
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
SITE PLAN
SELECT TENANTS AT MERCHANTS WALK
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- 3Natives
- Retailer
- -
- -
- Cali Coffee
- Retailer
- -
- -
- Empower Martial Arts
- Other Services
- 1
- Local
- KidzArt
- Retailer
- -
- -
- Tooth Buds Dentistry
- Retailer
- -
- -
- West Palm Dog DayCare
- Retailer
- -
- -
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| 3Natives | Retailer | - | - |
| Cali Coffee | Retailer | - | - |
| Empower Martial Arts | Other Services | 1 | Local |
| KidzArt | Retailer | - | - |
| Tooth Buds Dentistry | Retailer | - | - |
| West Palm Dog DayCare | Retailer | - | - |
PROPERTY FACTS
| Total Space Available | 4,331 SF | Center Properties | 3 |
| Center Type | Strip Center | Gross Leasable Area | 36,936 SF |
| Parking | 57 Spaces | Total Land Area | 14.29 AC |
| Stores | 3 | Year Built | 2024 |
| Total Space Available | 4,331 SF |
| Center Type | Strip Center |
| Parking | 57 Spaces |
| Stores | 3 |
| Center Properties | 3 |
| Gross Leasable Area | 36,936 SF |
| Total Land Area | 14.29 AC |
| Year Built | 2024 |
ABOUT THE PROPERTY
BRAND NEW RETAIL/OFFICE/RESTAURANT SUITES ARE NOW COMPLETE! JOIN 3NATIVES, CALI COFFEE, DISTRIXT BARBERSHOP & OTHER AMAZING TENANTS! Merchant's Walk is the newest Retail Development from Ward Real Estate! Located in the heart of Lake Worth, it features 2 Retail/Office Buildings and a Restaurant with a Drive-Thru. We have dentists, a doggie day care, martial arts studio, a kid's art studio. All we need is a few more tenants at this exciting new property! The property is located on Lantana Road, just east of Lyons Road and minutes to the 441 corridor and the Turnpike. A total of 213-feet of frontage is passed by 25,400 drivers daily: creating visibility daily to a large audience. The property is in close proximity to public transportation: 9-miles away from the Lake Worth Commuter Rail and 11.8-miles away from the Palm Beach International Airport. The 3-square mile population for this area equals 71,000: forecasts predict that the area will grow in population by 5% by 2027. The median household income for this population equals $83,300. The property is close proximity to several restaurants (Dominos, Bonefish Grill), a fitness center (LA Fitness), pharmacy (CVS) and a golf course: all within a 10-minute drive.
DEMOGRAPHICS
Demographics
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Merchants Walk | 8776 Lantana Rd
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