Aerial view of a commercial plaza with parking lots, nearby roads, and a marked project location.
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No Cash Needed to Get Into the Space | 47,261 SF Supermarket | Hypoluxo Road

4624 Hypoluxo Road
Greenacres, FL 33463 · Palm Beach County

Lease rate

$6.03/SF/yr

Available spaces

1 suite
SuiteSizeRateTypeAvailable
Supermarket premises47,261 SF$6.03/SF/yrNNNNow

The pitch

Investment highlights

  • 47,261 SF existing supermarket premises, one story and sprinklered
  • No cash needed to get into the space, subject to an approved transaction and definitive terms
  • $50,000 broker fee to the broker who brings the tenant, payable when the deal closes
  • Base rent $23,753/month (about $6.03/SF/yr) plus additional rent and expenses under the lease
  • Current term through June 30, 2028, with five 5-year renewal options
  • Existing produce, meat, deli, bakery, cold storage, checkout and loading areas shown on the floor plan
  • Hypoluxo Road near South Military Trail in Palm Beach County

Executive summary

Motivated existing tenant seeks a qualified replacement operator for this 47,261 SF supermarket space on Hypoluxo Road near South Military Trail, in the Greenacres / Lake Worth trade area of Palm Beach County. This is a lease opportunity through an assignment, sublease or approved operator transition, not a sale of the real estate. No cash needed to get into the space, subject to an approved transaction and definitive terms. Ongoing rent, operating expenses, operator working capital and any buildout costs remain applicable. $50,000 broker fee: offered to the broker who brings the tenant, payable when the deal closes. Commission terms to be documented in writing. The existing grocery layout includes produce, meat, seafood prep, deli, bakery, cold storage and back-of-house areas, checkout, offices, restrooms and loading, as shown on the floor plan. Equipment condition and availability are subject to verification; retention or removal can be discussed. The premises are one story and sprinklered. Current base rent per the offering package is $23,753 per month ($285,036 per year, approximately $6.03/SF/year), plus additional rent and expenses under the lease. The current term runs through June 30, 2028, with five additional five-year renewal options under the lease structure. Best suited for experienced supermarket, international market, discount grocery, specialty food or compatible retail operators. The full premises are 47,261 SF; subdivision may be discussed but is conceptual and requires approvals. All transfers, uses, options and alterations remain subject to the controlling lease documents and required approvals, including landlord consent.

The asset

Building

Stories
1

Lease Terms

Lease Structure
NNN

Due diligence

From our partner CCPIA — the Certified Commercial Property Inspectors Association

Location & area

Location

26.57066, -80.11550
Satellite
Street view

Getting there

Straight-line distance
Highway exit
I 95 Exit 60 · 2.8 mi
Freight rail
SFRTA South Florida Rail Corridor · 2.8 mi
Airport
Palm Beach County Park Airport (LNA) · 2.4 mi
International airport
President Donald J. Trump International Airport (DJT) · 8.1 mi

Within a mile: 8 restaurants · 20 shops · 3 grocery stores · 7 schools · 16 parks

Nearby brands

Nearest location · within 1 mi
McDonald's Food
0.1 mi
TD Bank Bank
0.1 mi
7 Brew Food
0.1 mi
Denny's Food
0.1 mi
ALDI Grocery
0.2 mi
Chevron Fuel
0.2 mi
Checkers Food
0.2 mi
Dunkin' Food
0.2 mi
Public Storage Retail
0.2 mi
Chick-fil-A Food
0.2 mi
Walmart Grocery
0.3 mi
Panda Express Food
0.3 mi

Demographics

U.S. Census ACS · 2019–2023 · LEHD
Statistic1 mi3 mi5 mi
Population16,694134,290353,401
Households5,58048,298133,227
Jobs (people working here)1,89036,57585,535
Daytime population (est.)10,685111,828288,391
Median household income$87,280$80,076$71,619
Average household income$106,482$103,272$99,454
Median age39.040.944.3
Unemployment rate4.2%5.4%5.5%
Bachelor's degree or higher29%31%30%
Population per sq mi5,3144,7504,500
Median home value$358,289$345,494$334,345
Median gross rent$2,306/mo$1,945/mo$1,798/mo
Charts within

Household income

Share of households · 1 mi
Under $25k
7%
393
$25k–$50k
17%
975
$50k–$100k
33%
1,856
$100k–$200k
28%
1,546
$200k+
15%
810

Population by age

Share of residents · 1 mi
Under 18
23%
3,834
18–24
6%
942
25–34
14%
2,291
35–44
17%
2,762
45–54
12%
2,036
55–64
16%
2,715
65–74
7%
1,157
75+
6%
957

Housing

Share of housing units · 1 mi
Owner occupied
73%
4,330
Renter occupied
21%
1,250
Vacant
6%
370

Median income by age

Age of householder · 1 mi
Under 25
$46,718
25–44
$97,082
45–64
$89,742
65+
$65,301

Jobs by industry

Share of jobs · 1 mi
Retail, food & lodging
36%
681
Health care
8%
156
Education
5%
98
Professional & finance
15%
278
Construction & manufacturing
9%
171
Wholesale & logistics
2%
32
Government
0%
0
Other services
25%
474

Education

Share of adults 25+ · 1 mi
No HS diploma
13%
1,577
High school
30%
3,557
Some college
28%
3,367
Bachelor's
17%
2,045
Graduate
12%
1,372

Race & ethnicity

Share of residents · 1 mi
White
44%
7,340
Black or African American
33%
5,451
Asian
6%
1,019
Two or more races
9%
1,546
Other
8%
1,338

Hispanic or Latino, of any race 24%

Natural hazard risk

FEMA National Risk Index · December 2025
Overall
Low
Hurricane
High
Lightning
Moderate
Flooding (inland)
Low
Tornado
Low
Strong wind
Low
Heat wave
Low
Wildfire
Very Low
Hail
Very Low
Cold wave
Very Low
Earthquake
Very Low
Landslide
Very Low

Ratings are for the census tract, relative to all U.S. tracts — not a parcel-level model.

EPA-Tracked Facilities Within 1 Mile
62
Toxic-Release Facilities Within 1 Mile
0
EPA Severe Violators Within 1 Mile
0
Open Leaking-Tank Cases Within ½ Mile
0
Leaking-Tank Releases Within ½ Mile
9
Underground Tank Sites Within ¼ Mile
3
In FEMA Special Flood Hazard Area
No

Location & Zoning

FEMA Flood Zone
X
Opportunity Zone
No

Public data for 4624 Hypoluxo Road — the building's own page, which stays up after this listing closes.