The Best Palm Beach Commercial Real Estate

When we hear the term Commercial Real Estate Investing, the first thing that comes to mind is the investment of office buildings, shopping malls, and warehouses.

But commercial real estate is much more than that. It also includes multifamily dwellings such as apartments and condos, retail space, hospitality properties like hotels and restaurants, healthcare facilities, mixed-use developments, and more.

And in Palm Beach, there is no shortage of CRE opportunities. Its modern and glitzy estates and its year-round warm weather make it the perfect place to invest! If you are on the lookout for Miami commercial real estate properties, Palm Beach is the ideal destination. With Urban Core Division as your reliable commercial real estate agent, you will have no trouble finding the perfect property for your needs.

Palm Beach: The Destination For Commercial Real Estate Investment

Palm Beach is located in South Florida and is home to some of the most beautiful beaches in the world. It is also known for its luxury hotels, upscale shopping, and fine dining.

The town has over 9,000 people and is situated on a 16-mile-long island just east of West Palm Beach, FL. Situated in Palm Beach County, the town is known for its affluence and glamorous lifestyle.

Palm Beach is a popular destination for celebrities, socialites, and business moguls worldwide. In 2017, Forbes magazine reported that at least 30 billionaires had made Palm Beach their winter home.

The median home price in Palm Beach is $529,000, while the median rental price is $9,523. This makes it one of the most expensive places in the United States.

Nearby cities such as Royal Palm Beach and Palm Beach Gardens are excellent places to invest in CRE. Since these cities are all located in Palm Beach County, the proximity to the beach makes them even more appealing to investors and vacationers alike.

Why Commercial Real Estate Investment in Palm Beach is a Smart Move

In Palm Beach, the commercial real estate market is booming. The town has seen significant growth in the past few years, and this trend is expected to continue.

Here are a few reasons why investing in CRE in Palm Beach is a smart move:

The Town Has a Strong Economy, With a Total Revenue of $83 Million

Buyers will find this gorgeous town appealing regarding commercial real estate. Last year, Palm Beach generated total revenue of $83 million with a surplus meaning that the city is doing very well financially.

Tourism is the primary driver of the town’s economy, with over $5 billion of revenue already generated. Commercial real estate located near tourist attractions will thrive in Palm Beach. For instance, the downtown area is filled with luxury hotels, retail stores, and restaurants that cater to tourists.

The Town is Home to Many Businesses and Organizations

Another reason why investing in CRE in Palm Beach is a good idea is because the town is home to many businesses and organizations. Some of the biggest employers in the area include The Breakers, Palm Beach Hotel, and Vineta Hotel.

These businesses bring in a lot of revenue and provide residents employment opportunities. As the town continues to grow, more companies are expected to move into the area, increasing the demand for commercial real estate.

The Unemployment Rate is Low

The overall crime rate of Palm Beach is also relatively low, making it a safe place to live and work. In fact, the unemployment rate in Palm Beach is only about half of the national average. The crime rate for 1000 people is only 14% which is relatively low.

This makes Palm Beach an attractive place to invest in CRE since businesses will constantly demand office and retail space. Neighbors also include some of the wealthiest and most influential people in the world, making it a great place to network.

Commercial real estate for sale in the area includes office spaces, condos, retail stores, and restaurants. A lot of land is also available for development, making it a great place to build new businesses.

Rent Prices Are High

In search of a high return on investment? Look no further than Palm Beach, where the median rental price is $9523. This is higher than most places in the United States, meaning that investors can charge a premium for their properties.

The high rent prices are due to the town’s popularity as a tourist destination. Many people come to Palm Beach to escape the cold winters up north, which drives up the demand for rental properties.

Investors can also expect to see a steady appreciation in property values. The town has seen much growth in recent years, which is likely to continue as more people discover Palm Beach’s many charms.

How To Begin Commercial Real Estate Investing In Palm Beach

Psyched to start commercial real estate investing in Palm Beach? Here are a few tips to get you started:

Hire a Good Broker

The first step is to find a good broker who knows the ins and outs of the Palm Beach CRE market. They will be able to help you find properties that fit your investment criteria and budget.

A good broker can also negotiate the best price for your purchase. For instance, commercial real estate for rent is often quoted at a higher price than the actual asking price.

Your broker should also be able to help you find financing for your purchase if you need it. Many lenders are willing to finance CRE purchases, but you will need a down payment of at least 20%.

Hire a Good Broker

The first step is to find a good broker who knows the ins and outs of the Palm Beach CRE market. They will be able to help you find properties that fit your investment criteria and budget.

A good broker can also negotiate the best price for your purchase. For instance, commercial real estate for rent is often quoted at a higher price than the actual asking price.

Your broker should also be able to help you find financing for your purchase if you need it. Many lenders are willing to finance CRE purchases, but you will need a down payment of at least 20%.

Get a Property Inspection

Once you’ve found a few properties you’re interested in, getting a professional inspection is essential. This will help you identify any potential problems with the property that could end up costing you money in the long run.

The inspection should cover everything from the condition of the building to the quality of the soil. You may want to reconsider your purchase if there are any red flags.

Make sure also to get a thorough market analysis of the property. This will help you determine whether the asking price is fair and what you can expect to make in rent or resale value.

Urban Core Division Can Help You Invest In Commercial Real Estate Within Palm Beach

Urban neighborhoods are often some of the most sought-after places to live, work, and play. In these areas, you’ll find a mix of people from all walks of life who are drawn to the energy and vibrancy of city living.

The same can be said for commercial real estate investing. With Urban Core Division as your partner, you can tap into our vast network of resources to find the best investment opportunities in Palm Beach’s diverse and thriving environment.

We have a deep understanding of the market and can help you find properties with the highest potential investment return. Contact us today to learn more about how we can help you achieve your real estate investing goals.

Commercial Real Estate Investment

We are the leading commercial investing company in Miami that caters to both experienced and novice investors who aspire to earn their first million dollars in real estate. The Urban Core has professional advisors who can find excellent office buildings for investors and developers. 

Miami’s real estate landscape is booming, with commercial and industrial properties offering lucrative returns on investment in the long run. It has a wide range of commercial real estate investments, assets, and projects that attract real estate investors seeking a short-term or long-term investment opportunity.

We match the perfect estate with due diligence to your preferences, objectives, and budget. Our agents will actively negotiate for you to get the best possible price for your target commercial property. We know what issues and telltale signs to look for, helping real estate investors avoid the high cost of repairs and other commercial property management issues.

To help you get the right property within your budget, we make comparative market analyses and educate investors about the different types of commercial property for sale. We analyze the pros and cons of investing in commercial property. Investing requires due diligence to ensure success while growing your wealth.

Every real estate investor knows that investing in commercial real estate and any asset class can triple their net income and grow their investment portfolio easily. We also look for optimal financing options for you.

Commercial Real Estate Property Sales

Our team of well-experienced real estate brokers specializes in finding properties that buyers and investors wish to own quickly to grow their business. With an eye for valuable real estate properties within Miami-Dade county, Urban Core sales consultants work in core neighborhoods.

With this system in place, every agent can focus more on their search and identify prized real estate properties in the area of choice for clients. We consider our clients as business partners and ensure they have access to the available resources that give them long-term advantages of investing in real estate.

The system divides the area to allow commercial real estate brokers to familiarize themselves with the unique factors of the geographical location that attract investors and buyers of commercial real estate properties. We provide expertise in educating clients about the potential of commercial and even residential properties, especially in the emerging neighborhoods in South Florida.

We prioritize meeting the demands and expectations of clients in commercial real estate investing. We also assist and give time-sensitive advice to help clients make informed choices and decisions about where to start when they want to invest in commercial real estate.

Commercial Real Estate Investment Services

Are you looking for a reliable commercial real estate investment company with vast experience and extensive knowledge in providing value-added solutions to all types of clients? The answer is the Urban Core, a trusted firm in the commercial real estate industry with impressive global outreach.

It delivers a full suite of brokerage advisory and sales services in Miami, South Florida. Our pool of passionate and goal-oriented brokers will help you navigate the world of commercial real estate investing. 

The Urban Core offers best practices in commercial real estate investing, investment sales, leasing services, new construction financing, project management, commercial brokerage representation, and property management. With over $3 billion in sales and counting around South Florida, our company has you covered.

Federal Hwy Commercial Real Estate Ft. Lauderdale

Commercial Real Estate Property Management

Property owners need a good management company that will take care of their properties and keeps them in top condition even if they are away. Whether you are leasing or marketing your property, the Urban Core can help you.

As property managers, we are your active partner in placing tenants, managing inspections, and screening applications.

We provide the following:

  • Expert market analysis for every property to help you enjoy the maximum ROI and continuous flow of passive income
  • Extensive screening of all tenants and interested buyers, including handling their move-in and maintenance needs
  • Conduct routine inspections to ensure optimum protection of properties
  • Eviction protection to get the property ready for leasing as quickly as possible
  • On-time collection of rent so you don’t need to worry about money cash flow
  • Detailed financial reporting that keeps you updated on your property performance

Commercial Real Property Debt Services

Companies seek loans to buy properties, equipment, and other forms of investment. The debt secured by a business or commercial entity is called commercial debt.

It is utilized for asset acquisition, business expenses fund, and property improvement. It is common for business owners to get debt services assistance.

We assist companies who need additional capital for operational, improvement, or expansion needs. To assess the leverage of the client’s properties and secure the necessary fund, we will compute the debt service ratio.

We provide guidance through our team of capital market experts that are equipped with on-ground experience.

Commercial Brokerage Representation

Commercial brokers assist clients with the sale, purchase, and lease of properties for business purposes. We serve investors who want to acquire or dispose of their assets, property owners who need professional management, or tenants looking for a space.

The Urban Core’s in-house brokers can navigate every kind of commercial real estate transaction.

We market commercial properties and look and screen qualified buyers. In addition, we negotiate the best leasing contracts for tenant clients.

As the owner’s representative, we value the exclusive relationship with our clients who want to lease or sell their commercial properties. Our main goal is to sell the property in the shortest time possible at the highest market value.

As the tenant’s representative, we cater to the interest of our clients who want to lease commercial property space. We negotiate and communicate with the listing broker, landlord, or property owner. The goal is to meet the client’s needs at the best possible terms at the most reasonable price.

Why The Urban Core?

We are a reputable Miami commercial real estate investment firm that can give you the best opportunities in the commercial real estate market. The Urban Core utilizes the wide network of Colliers International’s global integrated platform, which operates in 69 countries with over 12,000 professionals. Our deep understanding and experience in providing top properties make us a leader in the industry. 

We have a decade-long history of successful transactions, which is concrete proof that commercial investors trust the Urban Core when handling their affairs. We can make your investment work for you and give you passive income for years or sell it to the next owner. 

Our innovative approach, capital market knowledge, and strategic planning skills will help you maximize the value of your commercial assets. We harness the power of artificial intelligence and information technology to do market trends and rates research, allowing the investors to easily access the property values, owners, and debt levels.

Our teams of dedicated and goal-driven commercial real estate brokers have immersed themselves in their assigned territories to know their strong selling points. By leveraging the knowledge of covered territories, investors and commercial property buyers get assurance that they are in good hands. 

Choosing us is a smart decision because we guarantee the security and stability of your commercial investment. We keep every transaction a confidential matter and require the utmost attention to ensure great results.

Properties for Sale or Lease in Miami

The Urban Core commercial real estate listings of properties for sale or lease are extensive. We have different types of commercial properties:

  • Office spaces
  • Retail spaces like malls, strip malls, or single-retail space
  • Industrial spaces like warehouses, self-storage, data centers, or manufacturing buildings
  • Multifamily spaces like apartment complexes and apartment buildings
  • Special purpose spaces like health care facilities, churches, daycares, hotel lodging, or bowling alleys
  • Land and Estates

 

Tell us what you need and we will find the perfect commercial property to reach your goals. We focus on emerging neighborhoods that offer great potential, allowing clients quick access to commercial spaces that major firms overlook.

By working on both primary and secondary markets, the Urban Core offers more than what meets the eye. We make sure to dispose of underperforming commercial real estate properties in the fastest time to get your investment back.

Commercial Real Estate Debt Services government building

Let’s Talk

If you are interested in acquiring or selling your commercial real estate property, the Urban Core can help you find the right vendor or buyer. We have the answer to your South Florida commercial real estate investing needs. Our estate brokers are well-informed about the market and investment opportunities.

We leverage our local neighborhood data to get you an ideal property and utilize the industry connections to maximize its market value. Connect with us now at +1-305-602-5020 to know more about our services or email us at mika@urbancoredivision.com.

Urban Core Division
801 Brickell Ave #934
Miami, FL 33131

+1 (786) 486-4391

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