ROYAL PALM BEACH INDUSTRIAL DEALS NOW

$420,000

Description

INDUSTRIAL PROPERTY SHOWCASE – BUILDING D – ROYAL PALM BEACH, FL

9250 Belvedere Rd Royal Palm Beach, FL 33411 – 1,642 SF Industrial Condo Units Offered at $420,000 Per Unit

Royal Palm Beach

9250 Belvedere Rd | Belvedere Business Hub | 1,642 SF | $420,000 ($255.79/SF)

Executive Summary

At the crossroads of growth and accessibility, Belvedere Business Hub offers a rare chance to secure well-positioned industrial condo units in one of Palm Beach County’s most active corridors. Built in 2007 with modern flex functionality, Building D combines warehouse efficiency with polished office potential. Each 1,642 SF unit delivers the blend of height, access, and professional image today’s industrial users demand. With established tenancy and market-tight supply, these units stand out as turnkey, income-backed industrial opportunities.

Why It Works / Investment Highlights

Flex Formula – Balanced mix of warehouse, office, and mezzanine for agile operations.
Ceiling Power – 18-foot clear height with 14’ x 10’ roll-up door access.
Stability with Upside – Leased through 2025–2026 with built-in rent escalations.
Prime Positioning – Easy access to Southern Blvd, Florida’s Turnpike, and I-95.
Ownership Edge – Industrial condo format at accessible price points.

Property Facts

Building Size: 22,116 SF (multi-unit flex building)
Units Available: D104 & D105
Unit Size: 1,642 SF each
Year Built: 2007
Zoning: IL – Industrial Light
Price per Unit: $420,000 ($255.79/SF)
Cap Rate: 5.71% (Unit D104)
NOI: $23,968.80 (Unit D104)
Parking Ratio: 1.67/1,000 SF
Features: Office, mezzanine, 18’ clear, roll-up door, in-unit bathroom, A/C

Unit	Size (SF)	Price	Lease Expiration	NOI / Rent	Renewal Option
D104	1,642	$420,000	7/09/2026	$23,968.80 ($2,924.65/mo)	Yes – 5 yr w/ 4% escalations
D105	1,642	$420,000	12/31/2025	$2,860/mo	No option

Strategic Angle

Royal Palm Beach is tightening as an industrial node, fueled by population growth and logistics spillover from West Palm Beach. Small-bay industrial condos are in short supply, making Belvedere Business Hub a strategic buy. With high ceilings, modern infrastructure, and existing tenancy, this property offers both stability and a hedge against rising industrial rents in Palm Beach County.

Bottom Line

Industrial investment in Palm Beach doesn’t get sharper than this. Belvedere Business Hub delivers stability, accessibility, and flexibility in a market where small-bay supply is shrinking.

Industrial Market Report – Palm Beach County

Prologis Purchase – Prologis acquired a 419,000 SF logistics facility in West Palm Beach for $85M.
CenterPoint Acquisition – CenterPoint Properties bought 34 acres of industrial land near I-95 for $63M.
SkyREM Deal – SkyREM purchased a 250,000 SF flex-industrial park for $48M.
Industrial rents in Palm Beach County average $14–$16/SF NNN, with sub-4% vacancy and heavy tenant demand for sub-20K SF bays.