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202 N Federal Hwy 5,411 SF of Office Space Available in Lake Worth, FL 33460
HIGHLIGHTS
- Corner Signalized Intersection
- Excellent Visibility For Signage
- Ample Parking
- Potential Restaurant Use
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- CEILING
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Ceiling | Term | Rental Rate | Rent Type | |
| 1st Floor, Ste 202 | 5,411 SF | 9’ | Negotiable | $20.00 /SF/YR $1.67 /SF/MO $215.28 /m²/YR $17.94 /m²/MO $9,018 /MO $108,220 /YR | Net |
1st Floor, Ste 202
Open Floor Plan, with break room, reception, two bathrooms, and private executive office. Zoning allows restaurant use, office and retail
- Lease rate does not include certain property expenses
- Fully Built-Out as Standard Office
- Open Floor Plan Layout
- Fits 14 - 44 People
- 2 Private Offices
- 1 Conference Room
- Finished Ceilings: 9’
- Central Air and Heating
- Reception Area
- Kitchen
- Private Restrooms
- Open-Plan
- Signalized Corner Location!
- Restaurant Use Permitted
- Plenty of Parking Onsite
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
PROPERTY FACTS
| Total Space Available | 5,411 SF | Gross Leasable Area | 5,411 SF |
| Property Type | Retail | Year Built | 1929 |
| Property Subtype | Restaurant | Parking Ratio | 3.33/1,000 SF |
| Total Space Available | 5,411 SF |
| Property Type | Retail |
| Property Subtype | Restaurant |
| Gross Leasable Area | 5,411 SF |
| Year Built | 1929 |
| Parking Ratio | 3.33/1,000 SF |
ABOUT THE PROPERTY
High profile signalized corner location. The building is currently an open floor plan. Zoning allows restaurant, professional office, medical office, or retail uses. 20 plus parking spaces with room for more. Owners are willing to work with Tenant to assist with build-out.
- Corner Lot
- Signalized Intersection
- Tenant Controlled HVAC
- Air Conditioning
TRAFFIC
| COLLECTION STREET | CROSS STREET | TRAFFIC VOLUME | YEAR | Distance |
|---|---|---|---|---|
| 2nd Ave N | N Olive Ave, W | 470 | 2025 | 0.01 mi |
| N Olive Ave | 2nd Ave N, S | 8,165 | 2025 | 0.02 mi |
| N Olive Ave | 2nd Ave N, N | 9,879 | 2025 | 0.03 mi |
| 2nd Ave N | N Olive Ave, E | 1,009 | 2025 | 0.05 mi |
| N Olive Ave | Lucerne Ave, S | 9,245 | 2025 | 0.07 mi |
| Lucerne Ave | N Olive Ave, W | 8,341 | 2024 | 0.09 mi |
| Lucerne Avenue | N J St, W | 8,700 | 2022 | 0.09 mi |
| Lucerne Avenue | N Olive Ave, W | 7,967 | 2025 | 0.09 mi |
| Lucerne Ave | N Olive Ave, E | 4,843 | 2025 | 0.10 mi |
| N Olive Ave | Lucerne Ave, N | 9,283 | 2025 | 0.10 mi |
NEARBY MAJOR RETAILERS
MAP
ADDITIONAL PHOTOS
North side of Building and lot
West Elevation
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South Elevation
Building Photo