For Sale/Lease| New Construction Industrial
Market Price
1319 53rd Street, Riviera Beach, FL 33407
For Sale / Lease
Industrial
Unknown Sub Type
Active
Last Updated: 06/20/2025
16,150 sqft
Building Size
1.2 acres
Lot Area
Details:
Building Size: 16,150 sqft
Lot Area: 1.2 acres
Year Built: 2025
Zoning: I
Highlights:
- STRATEGIC LOCATION – Located within the established industrial zone of Mangonia Park, the property offers immediate access to key regional transportation routes, including I-95 and Florida’s Turnpike. Its close proximity to the Port of Palm Beach supports logistics operations, particularly for businesses engaged in import/export activities. Surrounding amenities—such as retail centers, restaurants, and recreational venues—enhance convenience for employees and operations.
- NEWLY CONSTRUCTED, INSTITUTIONAL-GRADE FACILITY – Delivered in 2025, the facility reflects current industrial design standards, featuring durable materials, high ceilings, and adaptable configurations. Its modern layout supports a variety of uses, including warehousing, manufacturing, and distribution. The availability of newly built industrial space in this supply-constrained West Palm Beach submarket presents a rare opportunity.
- HIGH-FUNCTIONALITY BUILDING FEATURES – The ±16,150 SF building offers 22' clear heights, full fire sprinkler coverage, and multiple drive-in overhead doors to streamline logistics. It can be configured as a single-tenant facility or divided into multiple bays, each with the potential for dedicated office build-out. The property’s plumbing infrastructure supports several restrooms, offering operational flexibility for industrial tenants.
- STRONG MARKET FUNDAMENTALS – The surrounding submarket continues to attract a wide range of industrial users, including logistics providers, manufacturers, and construction supply firms. With limited new development and consistent tenant demand, the area demonstrates favorable leasing activity and long-term asset value stability. Its accessibility and proximity to South Florida’s consumer base further support occupancy strength.
- ATTRACTIVE DEMOGRAPHICS – The property is situated within a five-mile radius encompassing more than 233,629 residents and an average household income of approximately $121,815. These conditions contribute to sustained industrial demand, rental rate growth, and tightening vacancy levels.
Documents:
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Offering Memorandum |
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