Shopping Neighborhood
105 S State Road 7
105 S State Rd 7, Royal Palm Beach, FL 33414
Listing Price: $4,500,000
Investment Overview
Marcus & Millichap is pleased to exclusively offer 105 S State Road 7, a ±10,100-square-foot, fully leased retail center located in the heart of Royal Palm Beach, Florida. Positioned on a ±1.8-acre parcel with prominent frontage along State Road 7 (US-441), the property enjoys exposure to over 120,000 vehicles per day across nearby intersections. This corridor is one of the most heavily trafficked and commercially active in Palm Beach County, surrounded by dense residential communities and major national retailers.
The tenant mix features Sherwin-Williams, The Original Pancake House, and Supreme Clean—all operating under NNN leases with built-in rent escalations and renewal options. These leases provide reliable in-place income and minimize near-term rollover risk, making this a compelling opportunity for investors seeking stable cash flow in a tax-advantaged, high-growth Florida market.
Originally built in 2002, the property benefits from modern construction, prime location, and a high parking ratio of 8.1 spaces per 1,000 square feet. With limited comparable retail inventory in the immediate area and consistently strong market fundamentals, this property is well-positioned to capitalize on continued demand in one of South Florida’s most stable and affluent suburban markets.
105 S State Road 7
Investment Highlights
- 100% Leased Multi-Tenant Asset – Anchored by national and regional tenants on NNN leases, providing long-term stability.
- Durable Cash Flow with Upside – Generates $262,249 in current NOI, with potential to increase income by repositioning existing leases to market rents.
- Premier Location with Exceptional Visibility – Situated along US-441 (State Road 7), benefiting from over 120,000 vehicles per day at nearby intersections.
- Affluent and Dense Trade Area – Over 68,000 residents and an average household income of $109,000 within a 3-mile radius.
- Institutional-Quality Construction – Built in 2002, featuring ±1.8 acres of land and a robust 8.1/1,000 SF parking ratio.
Exclusively Listed By
Listing Price: $4,500,000
Investment Highlights
- 100% Leased Multi-Tenant Asset – Anchored by national and regional tenants on NNN leases, providing long-term stability.
- Durable Cash Flow with Upside – Generates $262,249 in current NOI, with potential to increase income by repositioning existing leases to market rents.
- Premier Location with Exceptional Visibility – Situated along US-441 (State Road 7), benefiting from over 120,000 vehicles per day at nearby intersections.
- Affluent and Dense Trade Area – Over 68,000 residents and an average household income of $109,000 within a 3-mile radius.
- Institutional-Quality Construction – Built in 2002, featuring ±1.8 acres of land and a robust 8.1/1,000 SF parking ratio.
Investment Overview
Marcus & Millichap is pleased to exclusively offer 105 S State Road 7, a ±10,100-square-foot, fully leased retail center located in the heart of Royal Palm Beach, Florida. Positioned on a ±1.8-acre parcel with prominent frontage along State Road 7 (US-441), the property enjoys exposure to over 120,000 vehicles per day across nearby intersections. This corridor is one of the most heavily trafficked and commercially active in Palm Beach County, surrounded by dense residential communities and major national retailers. The tenant mix features Sherwin-Williams, The Original Pancake House, and Supreme Clean—all operating under NNN leases with built-in rent escalations and renewal options. These leases provide reliable in-place income and minimize near-term rollover risk, making this a compelling opportunity for investors seeking stable cash flow in a tax-advantaged, high-growth Florida market. Originally built in 2002, the property benefits from modern construction, prime location, and a high parking ratio of 8.1 spaces per 1,000 square feet. With limited comparable retail inventory in the immediate area and consistently strong market fundamentals, this property is well-positioned to capitalize on continued demand in one of South Florida’s most stable and affluent suburban markets.
Exclusively Listed By
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