212 S Olive Avenue Mu-7, West Palm Beach, FL 33411

A 2,264 square foot ground-floor retail unit at the base of The Strand condominium building on South Olive Avenue in downtown West Palm Beach. The unit carries a triple-net lease in place through 2034 with a five-year renewal option, though the structure also allows an owner-user to take over occupancy.

A 2,264 square foot ground-floor retail unit at the base of The Strand condominium building on South Olive Avenue in downtown West Palm Beach. The unit carries a triple-net lease in place through 2034 with a five-year renewal option, though the structure also allows an owner-user to take over occupancy.

Lease Structure & Investment Profile

The existing NNN tenant commitment running through 2034 provides long-duration income with minimal landlord operating exposure. The five-year option extension offers additional stability for an investor hold, while the owner-user path creates flexibility for a buyer seeking a retail or professional presence on one of downtown's primary north-south corridors.

Location & Access

South Olive Avenue sits one block west of Flagler Drive and the Intracoastal Waterway, within the Clematis Street commercial district. The unit is positioned in the core of downtown West Palm Beach's retail and dining corridor, with direct proximity to the Norton Museum of Art, the Palm Beach County Convention Center, and the Brightline station. Palm Beach International Airport is roughly a ten-minute drive west via Okeechobee Boulevard. The property falls within the city's downtown zoning overlay, which has supported increasing density and mixed-use development along this stretch of Olive Avenue.

Key Features

• 2,264 square feet of ground-floor retail space
• Located at the base of The Strand condominium building
• NNN lease in place through 2034 with five-year renewal option
• Owner-user occupancy potential
• Fire sprinkler system and central HVAC
• One block west of the Intracoastal Waterway on South Olive Avenue