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Island Plaza 2900-3002 Broadway 80,189 SF 84% Leased Retail Building Riviera Beach, FL 33404 $14,200,000 ($177.08/SF) 7.01% Cap Rate



Investment Highlights
- Heavy traffic counts in up and coming area. Federal Hwy 25,376, Broadway 23,000, and W. Blue Heron Blvd 18,300
- Within 10 miles of Palm Beach International Airport.
- 29,259 households within 3 miles with an average income of $52,598
Executive Summary
Income producing property with a value add opportunity.
Property Facts
Amenities
- Tenant Controlled HVAC
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- Dollar Tree
- Retailer
- 10,000 SF
- -
- Triple Net
- -
Family Dollar is a national discount retail chain headquartered in Chesapeake, Virginia, operating as a subsidiary of Dollar Tree since 2015. The company provides affordable everyday merchandise including household goods, groceries, cleaning supplies, apparel, health and beauty products, and seasonal items. Originally founded in 1959 in Charlotte, North Carolina, Family Dollar expanded rapidly through the Southeast and later nationwide. After its acquisition by Dollar Tree, the corporate headquarters transitioned to Chesapeake, though Family Dollar continues to maintain major operations and a distribution presence in Matthews and Charlotte, North Carolina. The Chesapeake headquarters supports executive leadership, merchandising, supply chain, operations, and administrative functions for thousands of Family Dollar stores across the United States. The brand focuses on neighborhood convenience, operating small-format stores that emphasize essential products at low prices.
Rent-A-Center began in 1973 as a rent-to-own business focused on furniture and household goods, later building a broader retail model around flexible payment agreements. The company offers furniture, appliances, electronics, computers, tools, and related home essentials through online and store-based shopping, with services that include delivery, setup, and product service and repair in its payment agreements. Rent-A-Center maintains a wide presence across the United States and Mexico and remains centered on branded household goods for shoppers seeking alternatives to traditional credit-based buying.
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| Dollar Tree | Retailer | 10,000 SF | - | Triple Net | - | |
|
Retailer | - | - | - | - | |
|
Rental and Leasing Services | - | - | - | - |
Space Availability
- Space
- Size
- Space Use
- Position
- Available
- 1st Floor
- 4,000-8,000 SF
- Retail
- In-Line
- Now
- 1st Floor
- 5,000 SF
- Retail
- End Cap
- Now
| Space | Size | Space Use | Position | Available |
| 1st Floor | 4,000-8,000 SF | Retail | In-Line | Now |
| 1st Floor | 5,000 SF | Retail | End Cap | Now |
1st Floor
| Size |
| 4,000-8,000 SF |
| Space Use |
| Retail |
| Position |
| In-Line |
| Available |
| Now |
1st Floor
| Size |
| 5,000 SF |
| Space Use |
| Retail |
| Position |
| End Cap |
| Available |
| Now |
Nearby Major Retailers
Property Taxes
| Parcel Number | 56-43-42-28-19-000-0170 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $6,600,000 |
Property Taxes
Presented by
Island Plaza | 2900-3002 Broadway
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