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Gardens Business Center - 2801 PGA Blvd

Off-Market

2801 PGA Blvd, Palm Beach Gardens, FL 33410

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  • Property Type Office - General Office
  • Property Size 31,171 Sqft
  • Lot Size 2.96 Acre
  • Parking Spaces Avail. 134
  • Parking Ratio 4.30/ 1,000 SF
  • Property Tenancy Owner Occupied
  • Building Class B
  • Year Built 2003

Location

  • City Palm Beach Gardens, FL
  • Neighborhood Regional Center
  • Zip Code 33410
  • Market West Palm Beach Boca Raton

Contacts

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Owner

  • True Owner
  • Registered Owner

Tenants

Suite Name Tenant Leased
Space
Rent Price Lease
Type
Space
Type
Lease Term
370 17th Street #5500 MERRILL, (303) 446-5500 23,824 SF $23/SF/YR Modified
Gross
General
Office
11/01/2014-
N/A
370 17th Street
#6000
Morrison & Foerster,
(303) 592-1500
10,710 SF $26/SF/YR Full
Service
General
Office
08/01/2013-
07/31/2023
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Documents

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Sales

  • Purchase Price
  • Arm's Length True
  • Buyer Name

Market Trends

Average Actual Rents in Palm Beach Gardens

Average rents use actual signed leases, aggregated for your specific search area and asset type with Yardi Market Insight. Be confident your price is competitive, with CommercialEdge.

Current Average Rent
Net Rent
$44.3/SF/YR
Recoverables Show detailsHide details
$16.7/SF/YR
CAM
$3.54/SF/YR
Insurance
$0.59/SF/YR
Taxes
$9.52/SF/YR
Utilities
$1.76/SF/YR
Management Fees
$1.3/SF/YR
Total Rent
$61/SF/YR
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Occupancy & Leasing Activity
Occupancy
83.5%
Lease Spread
-20.5%
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Asking Rents in Palm Beach Gardens Office Market

Office rental rates are based on aggregated data of asking rates.

  • 2020 Avg. Asking Rent $34.28
  • 2020 Office Vacancy Rate 12.97%
  • 2020 Office Completions (Sqft) 283,942

Palm Beach Gardens Office Sales Trends

All sale prices are based on publicly recorded, verified sales.

  • 2020 Avg. Price per Sqft $248.99
  • Y-o-Y Avg. PpSF Change -22.82%
  • 2020 Office Sales Volume $138.1M
  • 2020 Number of Transactions 5
View more Palm Beach Gardens market trends

Tax

  • Property Tax in 2020 $141,013
  • Market Value $7,127,280
  • Assessed Value $7,127,280

Find more tax info, including assessment history and abatements, on CommercialEdge

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