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Valley National Bank Building 11811 US Highway 1
2,050 SF of Office/Retail Space Available in North Palm Beach, FL 33408
Sublease Highlights
- Ground floor with front and back entry, ample parking, open modern concept
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 103 | 2,050 SF | Negotiable | $22.00 /SF/YR $1.83 /SF/MO $45,100 /YR $3,758 /MO | Triple Net (NNN) |
1st Floor, Ste 103
Incentives available. Located on the ground floor at 11811 US Highway 1 in North Palm Beach, this modern lounge-style workspace offers an inviting atmosphere ideal for productivity and collaboration. With two private offices, this layout provides privacy for focused work or confidential meetings. Additionally, a large training and conference room is available, making it perfect for team gatherings, presentations, or workshops. The space is fully built out, featuring a wet bar and a coffee bar that enhance the overall experience for both employees and clients. This office environment is designed to cater to various professional needs while promoting a comfortable and stylish work setting.
- Sublease space available from current tenant
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Professional Services Office
- Mostly Open Floor Plan Layout
- Conference Rooms
- Space is in Excellent Condition
- Reception Area
- Kitchen
- After Hours HVAC Available
- Accent Lighting
- Ground floor space
- Lounge type modern work space
- Wet bar and coffee bar
- Display and storage cabinets
- 2 private offices
- Large training/conference room
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 FOR 11811 US Highway 1 , North Palm Beach, FL 33408
| Total Space Available | 2,050 SF | Gross Leasable Area | 20,992 SF |
| Property Type | Retail | Year Built | 1982 |
| Property Subtype | Storefront Retail/Office | Parking Ratio | 6/1,000 SF |
| Total Space Available | 2,050 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 20,992 SF |
| Year Built | 1982 |
| Parking Ratio | 6/1,000 SF |
About the Property
Designed for todays work style. Lounge type design with open concept, wet and coffee bar, training and conference room with 2 private offices and a reception area. Easy ground floor entry from front or rear of building with ample parking and frontage on US- Highway One in North Palm Beach. Adjacent separate space of 893 square feet is available also for a total of 2,943 square ft.
- Banking
- Bus Line
- Property Manager on Site
- Restaurant
- Signage
- Balcony
Nearby Major Retailers
Presented by
Valley National Bank Building | 11811 US Highway 1
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