Investment Overview

Marcus & Millichap is pleased to present the Landmark Small-Bay Auto Center, a 43,125 square foot, 100% occupied automotive service and small-bay industrial property situated on approximately 4.2 acres in West Palm Beach, Florida. The Property consists of 12 tenants across four separate buildings, with suite sizes ranging from approximately 1,700 to 7,300 square feet, offering a diverse mix of flexible small-bay spaces well suited for automotive and service-oriented tenants. Approximately two-thirds of the tenancy is comprised of automotive users, complemented by a mix of traditional small-bay industrial tenants and a fitness operator. The tenant roster includes Mission Foods, a subsidiary of Gruma (S&P: BBB+), providing additional credit strength within the rent roll. The Property benefits from prominent monument signage and strong frontage along N Military Trail, a major north-south corridor, and is located directly adjacent to Keiser University. The site also offers convenient regional access to I-95 and Okeechobee Boulevard. Landmark Small-Bay Auto Center is positioned within a highly trafficked commercial corridor surrounded by retail, service, and automotive uses, creating strong customer exposure and accessibility for tenants. The surrounding area benefits from a growing residential population and strong daytime traffic that supports continued demand for service-oriented businesses. West Palm Beach has experienced significant economic and population growth in recent years, emerging as “Wall Street South” as major financial institutions, hedge funds, and investment firms relocate from New York and other global markets. This migration of capital and talent continues to drive demand for commercial space and strengthen the broader Palm Beach County economy. Small-bay industrial and automotive service properties remain one of the most supply-constrained product types in South Florida, benefiting from strong tenant demand and limited new development. Additionally, the Property’s 4.2-acre site, multi-building configuration, and service-oriented tenant mix create a highly functional asset that would be difficult to replicate in today’s development environment due to zoning restrictions, land costs, and entitlement challenges. Several tenants currently occupy the property at rents below prevailing market levels, presenting investors with the opportunity to capture additional rental upside as leases renew over time while maintaining the stability of a fully occupied asset. This offering represents an opportunity to acquire a stabilized, multi-tenant small-bay asset featuring diversified tenancy, strong visibility, flexible suite sizes, and long-term upside potential in one of South Florida’s most active commercial corridors.