No Cash Needed to Get Into the Space | 47,261 SF Supermarket | Hypoluxo Road
Lease rate
$6.03/SF/yr
Available spaces
1 suite| Suite | Size | Rate | Type | Available |
|---|---|---|---|---|
| Supermarket premises | 47,261 SF | $6.03/SF/yr | NNN | Now |
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
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Location & area
Location
26.57066, -80.11550Access & nearby
© OpenStreetMap contributorsGetting 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| Statistic | 1 mi | 3 mi | 5 mi |
|---|---|---|---|
| Population | 16,694 | 134,290 | 353,401 |
| Households | 5,580 | 48,298 | 133,227 |
| Jobs (people working here) | 1,890 | 36,575 | 85,535 |
| Daytime population (est.) | 10,685 | 111,828 | 288,391 |
| Median household income | $87,280 | $80,076 | $71,619 |
| Average household income | $106,482 | $103,272 | $99,454 |
| Median age | 39.0 | 40.9 | 44.3 |
| Unemployment rate | 4.2% | 5.4% | 5.5% |
| Bachelor's degree or higher | 29% | 31% | 30% |
| Population per sq mi | 5,314 | 4,750 | 4,500 |
| Median home value | $358,289 | $345,494 | $334,345 |
| Median gross rent | $2,306/mo | $1,945/mo | $1,798/mo |
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.