Government-Tenanted Office Building For Sale Listing Details & Market Data

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 20, 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 ®

    Car-Dependent (36)
  • Bike Score ®

    Somewhat Bikeable (48)
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  • 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

  • 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

Contact Government-Tenanted Office Building For Sale