What are the different types of commercial real estate?

Commercial real estate is a broad category that includes a high variety of space types designed to meet the needs of various industries of the local economy and their specialized subsectors, as presented in our real estate 101 guide to types of commercial real estate . However, there are three main categories that you are most likely to come across: office, retail, and industrial space . Modern office space is typically organized over large floor plates bound by high ceilings and large windows for an abundance of natural light and is located in transit-oriented developments with good access to multiple modes of transportation, so as to facilitate employee commute. The Palm Beach Gardens commercial real estate market incorporates 4,514,657 square feet of office space across 70 buildings. Office buildings can also accommodate coworking spaces , which are shared office options that typically cater to the needs of small, startup businesses that require flexible workspaces, a concentration of amenities, and services that can be accessed on an occasional or short-term basis. In Palm Beach Gardens, the coworking segment of the commercial real estate market incorporates about 1,635 square feet. Retail space includes shopping malls, department stores, street retail, or specialty stores dedicated to a narrow range of products. Such properties are typically located in high foot-traffic and/or car traffic areas, to facilitate customer access. The Palm Beach Gardens commercial real estate market includes 4,252,126 square feet of retail space in a variety of settings. Industrial property most often serves businesses operating in manufacturing or logistics and generally consists of large open spaces located within good access to roads, railways, freight airports or regional water ports. Industrial space listings can include warehouses, manufacturing plants, distribution centers, flexible industrial space, or even data center facilities. Across the Palm Beach Gardens market, there is a total of 1,153,381 square feet of industrial property.

What types of commercial real estate are available in Palm Beach Gardens, FL?

The largest share of commercial real estate space for lease in Palm Beach Gardens is represented by Industrial space , which accounts for 555,963 square feet of available listings. Office space available in Palm Beach Gardens adds up to 437,103 square feet.

What factors affect the price of commercial real estate in Palm Beach Gardens, FL?

The price of renting or buying commercial real estate is influenced by a variety of factors, including: the property type (for example, office space is priced higher than other property types in most locations); the condition and asset class rating (property rated class A or above will typically command a higher price than lower grade classifications); the quality or the development potential of the property location; whether or not there is high demand for the type of commercial asset in question; and what the state of supply is relative to demand.

What is the average rent for commercial space in Palm Beach Gardens, FL?

The average rent for commercial real estate space listed for lease in Palm Beach Gardens is $31.34 per square foot. However, this value does not offer enough perspective on its own, as you will find significant variation in prices across property types, property classes, and location, as well as other impacting factors. For instance, rent per square foot of office space in Palm Beach Gardens can vary greatly depending on the rating of the property from Class A to Class C, as well as across the city depending on the location of the asset.

What are the best areas for commercial real estate in Palm Beach Gardens, FL?

The best choice of location for commercial space depends on the factors that are most relevant to your business. A good thing to look for at the start, however, is the areas of the city that have the highest concentration of your preferred type of property, as these areas are generally well connected to the amenities and points of interest that are most relevant to each property type. As such, there are several areas that you could consider to be the best location for commercial real estate in Palm Beach Gardens, depending on the property type you are interested in. The highest concentration of commercial space listings of any kind in Palm Beach Gardens is in the Northcorp Center neighborhood. But if we look at each commercial property type, we find that for office space, the best location is the Northcorp Center area . Meanwhile, retail space opportunities are most abundant in the Legacy Place submarket. Alternatively, if you are looking for warehouse or other industrial space, consider looking at listings in Loxahatchee Slough . Select your preferred property type from the search filters menu at the top of the search page and then navigate the interactive map for a better view of commercial real estate availability in the locations most suited to your needs.

How do I find a good commercial real estate broker?

Whether or not leasing commercial space is a new experience for you, there are significant benefits to working with a commercial real estate broker . In addition to saving you time and money, an experienced broker will contribute specialist knowledge of the local market , the property type you need representation for, and will handle negotiations on your behalf in your best interest. To start, it is important for you to have a good understanding of what kind of broker you need. For instance, there are differences between a tenant broker and a listing broker . Also important at the start is to have a clear idea of what kind of space (or tenant) you are looking for and what (if any) particular needs and requirements you might have. And, while it is good to get a referral, you should interview several brokers to better gauge who you feel would best represent your interests. CommercialCafe hosts listings from some of the most trusted commercial real estate brokerages in the country. Use the contact form available on each listing page or the contact details for the property representatives to reach out and start your search!

What is the most profitable commercial real estate?

The profitability of a commercial real estate investment depends on a multitude of factors working together. These factors include the quality of the asset itself — which itself includes aspects such as location, property class, amenities, and the quality of the property management — to the local market conditions, the state of the local economy, the demand for that particular type of commercial property, and of course the costs of owning and maintaining it relative to what leasing rate or sale price you get from the property. Asking rents in the city went as high as $39.5 per square foot. In particular, the property type commanding the highest lease rates in Palm Beach Gardens was Office space. Conversely, the highest sale price last year was $81,150,000 that is located at 7111 Fairway Drive.

What is the average size of a commercial property in Palm Beach Gardens, FL?

The average size of a commercial property in Palm Beach Gardens depends greatly on the property type and the location — geographical possibilities and zoning allowances have significant influence on how big developers can build. While there are outliers that break height or volume records in the city, we can look at some average sizes by property use: In Palm Beach Gardens, the average size of an office property is 71,661 square feet. Retail properties here incorporate an average of 170,085 square feet. Industrial space in Palm Beach Gardens is in buildings that are, on average 288,345 square feet in size.

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103 Commercial Real Estate Listings in Palm Beach Gardens, FL

CRE Market Stats

PGA Professional Building

4290 Professional Center Drive, Northcorp Center, Palm Beach Gardens, FL
For Lease

$27.00/SF/YR
Property

Office

30,681 SF
Availability

2 Spaces

6,812 SF
Year Built

2007
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Gardens Plaza

3300 PGA Blvd, Legacy Place, Palm Beach Gardens, FL
For Lease

$35.00/SF/YR
Property

Office

88,150 SF
Availability

2 Spaces

3,274 SF
Year Built

1987
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For Lease | ±14,071 SF office space available in the heart of Palm Beach Gardens

11601-11641 Kew Gardens Ave, Regional Center, Palm Beach Gardens, FL
For Lease

Contact for pricing
Property

Office
Availability

1 Space

14,071 SF
Year Built

2001
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4400 PGA

4400 PGA Blvd, Doubletree, Palm Beach Gardens, FL
For Lease

$39.50/SF/YR
Property

Office

80,000 SF
Availability

2 Spaces

9,919 SF
Year Built

1989
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NorthCorp Center

3910 RCA Blvd, Northcorp Center, Palm Beach Gardens, FL
For Lease

$15.00 - $35.00/SF/YR
Property

Office

385,000 SF
Availability

8 Spaces

143,029 SF
Year Built

1965
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1578 SF Suite 203-205 Professional Office/Medical Space in Palm Beach Gardens, FL 33410

4360-4362 Northlake Blvd Palm Beach Gardens, Garden Oaks, Palm Beach Gardens, FL
For Lease

Contact for pricing
Property

Office

1,578 SF
Availability Contact for availability
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PGA Financial Plaza at MacArthur Center

3399 PGA Blvd, Regional Center, Palm Beach Gardens, FL
For Lease

$30.00/SF/YR
Property

Office

72,350 SF
Availability

1 Space

3,740 SF
Year Built

1998
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PGA Commons Art & Dining Distsrict

5100 PGA Boulevard, Ballenisles, Palm Beach Gardens, FL
For Lease

$27.00/SF/YR
Property

Mixed Use

150,793 SF
Availability

2 Spaces

3,125 SF
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Cypress Island Marina Slip #39

11410 Palmwood Road- Slip #39, Waterway Manor, Palm Beach Gardens, FL
For Sale

$400,000
Property

VacantLand
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998 SF Suite 112 Professional Office Space in Palm Beach Gardens, FL

4360 Northlake Blvd, Garden Oaks, Palm Beach Gardens, FL
For Lease

Contact for pricing
Property

Office

998 SF
Availability Contact for availability
Year Built

1984
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Corporate Center at the Gardens

4400 Northcorp Pkwy, Northcorp Center, Palm Beach Gardens, FL
For Lease

$28.00/SF/YR
Property

Office

18,500 SF
Availability

1 Space

9,250 SF
Year Built

1999
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TBC Corporate Headquarters

4260 Design Center Dr, Northcorp Center, Palm Beach Gardens, FL
For Sale

$28,500,000
Property

Office

61,000 SF
Year Built

2020
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Financial Center at the Gardens

3801 PGA Blvd, Regional Center, Palm Beach Gardens, FL
For Lease

Contact for pricing
Property

Office

195,998 SF
Availability

2 Spaces

7,127 SF
Year Built

1997
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Seacoast National Bank

3001 PGA Boulevard, Regional Center, Palm Beach Gardens, FL
For Lease

$35.00/SF/YR
Property

Office

67,500 SF
Availability

1 Space

1,837 SF
Year Built

2006
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11380 Prosperity Farms Rd #210

11380 Prosperity Farms Rd #210, Legacy Place, Palm Beach Gardens, FL
For Sale

$605,000
Property

Office

1,920 SF
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4200 Wackenhut

4200 Northcorp Pky, Northcorp Center, Palm Beach Gardens, FL
For Lease

$29.50/SF/YR
Property

Office

95,065 SF
Availability

1 Space

3,000 SF
Year Built

2000
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Fairway Office Center - 7108, 7111 & 7121

7108, 7111 and 7121 Fairway Drive, Pga National Resort, Palm Beach Gardens, FL
For Lease

$33.00/SF/YR
Property

Office

224,000 SF
Availability

9 Spaces

35,490 SF
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PGA Professional and Design Center

3901 Design Center Dr, Northcorp Center, Palm Beach Gardens, FL
For Lease

Contact for pricing
Property

Office

42,000 SF
Availability

1 Space

4,043 SF
Year Built

2005
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Fairway Office Center- Phase 1

7121 Fairway Drive, Pga National Resort, Palm Beach Gardens, FL
For Lease

$17.69/SF/YR
Property

Office

87,115 SF
Availability

1 Space

3,470 SF
Year Built

2000
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1070 SF Suite 200 Professional and Medical Office Space in Palm Beach Gardens, FL 33410

4360-4362 Northlake Blvd Palm Beach Gardens, Garden Oaks, Palm Beach Gardens, FL
For Lease

Contact for pricing
Property

Office

1,070 SF
Availability Contact for availability
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10384 Riverside Drive - Under Construction

10384 Riverside Dr, Dogwood, Palm Beach Gardens, FL
For Lease

Contact for pricing
Property

Office
Availability

1 Space

12,172 SF
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1435 SF Suite 114 Medical or Dental Office Space in Palm Beach Gardens, FL

4360 Northlake Blvd, Garden Oaks, Palm Beach Gardens, FL
For Lease

Contact for pricing
Property

Office

1,435 SF
Availability Contact for availability
Year Built

1984
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1016 SF Suite 203 Professional Office/Medical Space in Palm Beach Gardens, FL 33410

4360 Northlake Blvd Palm Beach Gardens, Garden Oaks, Palm Beach Gardens, FL
For Lease

Contact for pricing
Property

Office

1,016 SF
Availability Contact for availability
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5560 Pga Blvd

5560 Pga Blvd, Ballenisles, Palm Beach Gardens, FL
For Lease

Contact for pricing
Property

Retail

4,200 SF
Availability Contact for availability
Year Built

1981
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4500 PGA Blvd

4500 PGA Blvd, Ballenisles, Palm Beach Gardens, FL
For Lease

$17.00 - $26.00/SF/YR
Property

Office

52,839 SF
Availability

2 Spaces

3,089 SF
Year Built

1990
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DiVosta Towers - North Tower

3835 PGA Blvd, Regional Center, Palm Beach Gardens, FL
For Lease

$48.00 - $50.00/SF/YR
Property

Office

111,971 SF
Availability

3 Spaces

17,535 SF
Year Built

2020
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Building Size Range	Total Square Feet	Share of Total Office
50k to 100k Sq. Ft.	1,684,386 Sq. Ft.	34.23%
100k to 500k Sq. Ft.	2,361,009 Sq. Ft.	47.98%

Class	Total Square Feet	Share of Total Office
Class A	1,816,298 Sq. Ft.	36.91%
Class B	2,106,075 Sq. Ft.	42.8%
Class C	169,985 Sq. Ft.	3.45%

Building Size Range	Total Square Feet	Share of Total Industrial
50k to 100k Sq. Ft.	105,702 Sq. Ft.	7.06%
100k to 500k Sq. Ft.	597,418 Sq. Ft.	39.92%
500k to 1M Sq. Ft.	555,963 Sq. Ft.	37.15%

Class	Total Square Feet	Share of Total Industrial
Class A	605,657 Sq. Ft.	40.47%
Class B	158,609 Sq. Ft.	10.6%
Class C	48,717 Sq. Ft.	3.26%

Building Size Range	Total Square Feet	Share of Total Retail
50k to 100k Sq. Ft.	415,174 Sq. Ft.	8.81%
100k to 500k Sq. Ft.	2,405,657 Sq. Ft.	51.04%
> 1M Sq. Ft.	1,697,205 Sq. Ft.	36.01%

City	Property Type	Count of Listings	Total SF
Palm Beach Gardens, FL	Office	32	437,103
Palm Beach Gardens, FL	Retail	6	113,203
Palm Beach Gardens, FL	Industrial	1	555,963
Palm Beach Gardens, FL	Other	41	1,111,894

103 Commercial Real Estate Listings in Palm Beach Gardens, FL

Frequently Asked Questions

What are the different types of commercial real estate?

What types of commercial real estate are available in Palm Beach Gardens, FL?

What factors affect the price of commercial real estate in Palm Beach Gardens, FL?

What is the average rent for commercial space in Palm Beach Gardens, FL?

What are the best areas for commercial real estate in Palm Beach Gardens, FL?

How do I find a good commercial real estate broker?

What is the most profitable commercial real estate?

What is the average size of a commercial property in Palm Beach Gardens, FL?

Palm Beach Gardens, FL Commercial Real Estate Inventory Breakdown

Total Office Space in Palm Beach Gardens: 4,920,718 Sq. Ft.

Total Industrial Space in Palm Beach Gardens: 1,496,423 Sq. Ft.

Total Retail Space in Palm Beach Gardens: 4,713,634 Sq. Ft.

Palm Beach Gardens, FL Currently Available Listings

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