Map of Property

Government-Tenanted Office Building For Sale

2051 Dr Martin Luther King Jr Blvd, Riviera Beach, FL 33404

  • For Sale $13,750,000
  • Property Type Office - General Office
  • Lot Size 5.91 SF
  • Building Class B
  • Year Built 1999
  • Year Renovated 2018
  • Date Updated Apr 27, 2024

Port Center is a well maintained, three-story Class B office building centrally located in Riviera Beach. The Property has been recently updated and features an impressive rent roll of Government tenants. The recent leasing activity has raised the in-place income and extended the lease terms. Investors looking for cash flow and value add opportunities will be attracted by the strong in place rent and potential upside in leasing the vacant spaces and continuing to raise the in-place rents as leases roll over. Overall, Port Center presents as an attractive investment opportunity for a wide range of investors with no deferred maintenance, a strong location, and robust cash flows from credit tenants.

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Attachments

Contacts

broker

Bastian Schauer

broker

Mark M. Rubin

Colliers

(561) 549-9452

Location

Getting Around

  • Walk Score ®

    36/100 Car-Dependent

  • Bike Score ®

    48/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Riviera Beach, FL
  • Neighborhood Port Commerce Center
  • Zip Code 33404
  • Market West Palm Beach Boca Raton

Points of Interest

  • Mangonia Park

    1.07 miles

  • West Palm Beach

    4.25 miles

  • West Palm Beach

    4.47 miles

  • Palm Beach Citgo

    0.14 miles

  • Racetrac

    0.78 miles

  • Tesla Supercharger

    0.91 miles

  • Wawa

    0.96 miles

  • Chevron

    1.01 miles

  • Shell

    1.07 miles

  • Chevron

    1.27 miles

  • RaceTrac

    1.32 miles

  • CF

    1.46 miles

  • 7-Eleven

    1.50 miles

  • Currie Park

    3.33 miles

  • Currie Park

    3.38 miles

  • Judicial Center Parking Garage

    4.23 miles

  • Sapodilla Public Parking Garage (Police Garage)

    4.26 miles

  • Government Center Parking Lot

    4.28 miles

  • USPS Lot

    4.33 miles

  • USPS Employee Lot

    4.33 miles

  • Clematis Public Parking Garage

    4.34 miles

  • Governmental Center Parking Garage

    4.36 miles

  • City Center Public Parking Garage

    4.39 miles

  • Courtyard West Palm Beach

    0.64 miles

  • SpringHill Suites by Marriott West Palm Beach I-95

    0.83 miles

  • Residence Inn by Marriott West Palm Beach

    0.85 miles

  • Holiday Inn Express West Palm Beach Metrocentre

    0.87 miles

  • Travelodge RIVIERA BEACH/WEST PALM

    0.96 miles

  • Super 8 Beach West Palm Beach

    1.27 miles

  • Friend's place

    3.15 miles

  • Marriott’s Ocean Pointe

    3.50 miles

  • Reception Desk

    3.51 miles

  • Palm Beach Shores Resort and Vacation Villas

    3.56 miles

  • Cracker Barrel

    0.82 miles

  • KFC

    0.96 miles

  • Wendy's

    1.06 miles

  • Burger King

    1.24 miles

  • Denny´s

    1.25 miles

  • Denny's

    1.25 miles

  • McDonald's

    1.30 miles

  • McDonald's

    1.43 miles

  • Dunkin' Donuts

    1.49 miles

  • Subway

    1.51 miles

  • Doctor Mary McLeod Bethune Elementary School

    0.56 miles

  • Suncoast Community High School

    0.68 miles

  • John F Kennedy Middle School

    0.80 miles

  • Inlet Grove Community High School

    0.83 miles

  • The Imagine School

    0.94 miles

  • Nativity Lutheran Early Childhood Center

    1.05 miles

  • Lincoln Elementary School

    1.06 miles

  • Trinity United Methodist Kindergarden

    1.10 miles

  • Holland Northlake Day School

    1.15 miles

  • Potentials Charter School

    1.17 miles

Frequently Asked Questions

What is the lease rate for Government-Tenanted Office Building For Sale?

Rental asking rate at Government-Tenanted Office Building For Sale is $6,875,000.00/YR.

What is the total square footage of Government-Tenanted Office Building For Sale?

Government-Tenanted Office Building For Sale totals 60,969 square feet.

When was this property built?

Government-Tenanted Office Building For Sale was built in 1999.

Looking for more in-depth information on this property?

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