Citibank Building FOR SALE West Palm Beach

Citibank Building FOR SALE West Palm Beach

For Sale

5867 Okeechobee Blvd
West Palm Beach, Florida 33417

Highlights

  • Value Added Opportunity
  • New 4 Year Citibank Lease
  • 12,500 SF Building
  • 2.86 +/- Acres
  • Recent Renovation
  • 6,800 SF Offices For Lease
  • Okeechobee Blvd Frontage
  • 65,300 Daily Traffic Count

Listing Details

Property Type: Commercial

Property Sub-Type: OfficeCommercial

Zoning: CG - General Commercial ( 00-UNINCORPORATED )

Space Available:

Building Size: 12,500

Sale Price: $3,200,000

Listing Summary:

Perfect for school, call center, professional offices.

This two-story CBS building was constructed in 1980 on 2.86 +/- acres and is in excellent condition. The roof and A/C systems are approximately 10 years old. Citibank with a new 5-year lease occupies 4,000 SF on the first floor of the building. They also have a 3 lane drive-up banking facility and a number of covered parking spaces. The bank's main entrance is in the rear of the building.

The 1st and 2nd floor spaces are accessed from front of property facing Okeechobee Blvd.

The property has more than 218 feet of frontage on Okeechobee. The overall parking ratio is almost 6 spaces per 1,000 SF of building which offers great flexibility for future tenants. In its current configuration the property is an excellent site for a school, training facility, call center or medical and professional offices.

The first floor consists of 5 offices, a breakroom an IT room and a storage room. Bathrooms are on the second floor which are accessed by an elevator.

The second floor has separate male and a female bathrooms with multiple stalls, a breakroom/kitchen and four classroom/conference rooms varying in size from about 760 SF to about 1,470 SF.

Property Brochure

Contact us for a detailed brochure.