Palm Beach County Industrial

For Sale/Lease > ±27,000 SF Warehouse/Distribution Center Space
Mangonia Park, Mangonia Park, FL
# For Sale or Lease > Warehouse-Distribution Center Colliers International is pleased to present this unique opportunity to purchase or lease the former Lincoln College of Technology Mangonia Park Campus on a combined total of ±3.6 acres. The offering is comprised of a ±27,000 SF building on ±2.66 acres and an adjacent ±0.9 acre parcel, which has been serving as a fully paved parking lot with 79 surface spaces. The smaller land parcel is just north of the main building, separated from the main parcel by 53rd Street. The property presents the ideal opportunity for any user to leverage this site with many possible applications and development opportunities. Contact us today for more information on leasing and to schedule a tour!  **[Click here for Due Diligence information.](** Features - ±3.6 Total acres on two parcels with a two-story ±27,000 SF building - Direct access to Interstate 95 Interchange on 45th Street - Ideal location for Warehouse/distribution center - Prime branding opportunity with direct frontage on Australian Avenue - Development opportunity on adjacent parcel - Ample parking with ratio of 9.80/1,000 SF - Centrally located in Palm Beach County, minutes from the Port of Palm Beach, Downtown West Palm Beach and Palm Beach International Airport - Various possible applications including: educational institution, corporate headquarters, charter school, rehabilitative services - NEW ASKING PRICE: $3,240,000 - Contact us for Lease Rates

Palm Beach County

Office Space Market Report

Number of Listings (last 90 days)
Median Rate ($/sqft/yr)
Median Size (sqft)
As of: May 25, 2017

Palm Beach County Rates

The typical asking rate per listing is in the $30's per square foot per year. The Palm Beach County region is experiencing a a boost in rates. In the last 3 months, the median rate increased $2 per sqft per year. That's a 7% increase in rent.

Palm Beach County Listing Supply

In the last 90 days, 451 listings have come on the market, so you'll want to check back regularly for new listings. About 3% of the office spaces in the Palm Beach County are subleases, so you will probably have to focus your search on direct office leases. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 1,860 sqft. Most properties in this region are approximately 2 stories. Most buildings in this region were built in 1988 and are Class A.

Palm Beach County Community

Market Report

Trends and status of the commercial real estate market in Palm Beach County.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Palm Beach County.