FOR LEASE1,500 – 18,500 RSF Available

Royal Palm WayPalm Beach, Florida 33480

440

Property Overview Multi-story office building located on the exclusive island of Palm Beach on “Bankers Row.”

• Class A Building in the Town of Palm Beach

• Full floor availability (top floor)

• Office / Flex / Residential uses allowed

• Ideal for financial service firms looking for regional office or natural disaster/ emergency preparedness location

• Underground parking providing secure and discrete access to suites

• New local ownership heavily invested in making this building best-in-class

• One of the newest buildings in the market with hurricane windows, fire sprinkler systems and latest IT tech

• Ownership willing to manage and pay for full Class A, turn-key build-outs

Royal Palm WayPalm Beach, Florida 33480

440

Royal Palm WayPalm Beach, Florida 33480

440Building FeaturesBUILDING SIZE 50,889 SF

AVAILABLE SPACE 1,500 – 18,500 RSF

YEAR BUILT 1986

STORIES 3

ASKING RENT $50.00/SF NNN

OPEX $18.50/SF

PARKING 3.00/1,000 SF; 120 Reserved Spaces @ $100.00/mo

LEASE RATE $50.00/SF NNN

» Security and safety of the Town of Palm Beach police and fire departments

» Full 3rd Floor (18,000 SF) available in shell condition ready for build-out

» Partial unobstructed water views and close proximity to the historic Four Arts buildings, Four Arts Garden and Royal Palm Way

» Abundant parking with covered grade level and below ground garage with secure elevator access

» Local, responsive and professional on-site management / ownership with strong local ties to the community

» 3 million in capital improvements ongoing with a target completion by August 2020

» Building wide: Flooring, painting, bathrooms, elevators, landscaping, fountain, lighting and complete garage renovation

» Street and building signage available

» Favorable leasing concessions and turn-key Class A build-outs with on-site construction management and design team

Property Highlights

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Cityplace

AJ Gaines Park

Palm Beach Atlantic University

Okeechobee Blvd OkeechobeeLakeview Ave

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Fede

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way

Qua

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Everglades Golf Course

Breakers Ocean Golf CourseWEST PALM BEACH

GLEN RIDGE

PALM BEACH

CLOUD LAKE

PALM BEACH LAKES

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§̈¦95

Par

ker

Ave

Belvedere Rd

S O

cean

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N T

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25th St

Banyan Blvd

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ian

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Royal Palm Way

UV704A

UVA1A

UV5

UV807

UV805

UV704

UV807

UV704A

UV5

S L

ake

Ave

7th St

Geo

rgia

Ave

15th St

3rd St

23rd St

6th St

Fern St

Coc

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Mer

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Ave

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Park Pl

Dou

glas

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9th St

Clematis St

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Cla

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Island Rd

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Rd

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El Vedado

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Perimeter Rd

N R

osem

ary

Ave

Ardmore Rd

Seaspray Ave

Monceaux Rd

Seabreeze Ave

Old Okeechobee Rd

S M

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Executive Center Dr

Hank A

aron Dr

Forum Pl

Perimeter Rd

7th St

Lake Worth

Clear Lake

Lake Mangonia

Atlantic Ocean

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CUSHMAN & WAKEFIELD OF FLORIDA, LLC.303 Banyan Blvd, Suite 301West Palm Beach, FL 33401+1 561 277 2020

Location Features » Located on “Banker’s Row”&

minutes from world renowned Worth Avenue shops

» Amenities within walking distance

» Blocks from the ocean

» Easy access to I-95 & West Plam Beach’s CBD

For Additional Information, Contact:

MICHAEL OSIECKISenior Associate

+1 561 227 2060

michael.osiecki@cushwake.com

MARK PATEMANManaging Principal

+1 561 227 2021

mark.pateman@cushwake.com

Cushman & Wakefield - WPB303 Banyan Boulevard, Suite 301West Palm Beach, FL 33401+1 561 227 2020cushmanwakefield.com

Royal Palm WayPalm Beach, Florida 33480

440