By signing in, you agree with: Terms & Conditions, Privacy Policy and Copyright
Marcus & Millichap, as exclusive advisor, is pleased to present for sale 2300 Witt Street (the “Property”), a 24,430-squarefoot, single-tenant industrial distribution facility located in West Palm Beach, Florida. The parcel is situated in the Airport Industrial Park in the heart of Palm Beach County, and is less than a half-mile north of Palm Beach International Airport (PBI). The Property is 100-percent leased to SCP Distributors. With more than 2,000 employees, 228 locations and 120,000 wholesale customers worldwide, SCP Distributors is part of a distribution network that leads the pack as the world’s largest wholesale distributor of swimming pool supplies, equipment and related leisure products. 2300 Witt Street represents an opportunity for an investor to acquire a fully occupied asset with a national tenant, obtain immediate cash flow in a high-barrier-to-entry market, and enjoy future upside with rent escalations and a market-rate clause upon the next renewal.
Month | Payment | Principal | Interest | Total Interest | Balance |
---|---|---|---|---|---|
$0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.
Total Population | 9,030 | 119,985 | 302,061 | |
Population Median Age | 34 | 39 | 40 | |
Population by Age | 0-9 Yrs | 1354 (14%) | 13987 (11%) | 36591 (12%) |
10-19 Yrs | 1160 (12%) | 13802 (11%) | 34791 (11%) | |
20-29 Yrs | 1617 (17%) | 18661 (15%) | 41520 (13%) | |
30-39 Yrs | 1451 (16%) | 17815 (14%) | 41276 (13%) | |
40-49 Yrs | 1132 (12%) | 15427 (12%) | 39033 (12%) | |
50-59 Yrs | 1082 (11%) | 14108 (11%) | 37486 (12%) | |
60-69 Yrs | 687 (7%) | 11842 (9%) | 32661 (10%) | |
70+ Yrs | 548 (6%) | 14344 (11%) | 38703 (12%) | |
Median HH Income | $41,373 | $49,096 | $51,019 | |
Total Household Income | < 24K | 757 (27%) | 10216 (23%) | 24460 (22%) |
25-49K | 898 (33%) | 12144 (27%) | 29345 (26%) | |
50-74K | 520 (19%) | 7405 (16%) | 19612 (17%) | |
75-99K | 203 (7%) | 4422 (10%) | 11906 (10%) | |
100-199K | 312 (11%) | 6540 (14%) | 16806 (15%) | |
200K+ | 29 (1%) | 3301 (7%) | 7352 (6%) | |
Highest Education Level | No Diploma | 1624 | 14845 | 35732 |
Diploma or GED | 1924 | 21763 | 57563 | |
Some College | 993 | 14876 | 38100 | |
Assoc. Degree | 449 | 7794 | 18745 | |
Bachelors Degree | 581 | 14865 | 38888 | |
Higher Degree | 320 | 9497 | 22059 | |
Total Housing Units | 3,249 | 57,056 | 139,633 | |
--Owner-Occupied | 1,190 | 19,413 | 58,144 | |
--Renter-Occupied | 1,529 | 24,616 | 51,338 | |
Owner-Occupied Values | < 100K | 395 | 3105 | 12619 |
100-199K | 422 | 4967 | 16272 | |
200-299K | 231 | 3786 | 11638 | |
300-399K | 81 | 1893 | 4951 | |
400-499K | 20 | 1156 | 2664 | |
500K+ | 41 | 4506 | 9999 | |
Total Working Age Population | 6,893 | 98,817 | 245,144 | |
In Work Force | 4,779 | 63,434 | 158,078 | |
Not In Work Force | 2,113 | 35,384 | 87,066 | |
Workforce Employed | 4,396 | 59,113 | 146,332 | |
Workforce Unemployed | 383 | 4,278 | 11,673 | |
Civlian Workforce | 4,779 | 63,391 | 158,005 | |
Military Workforce | 0 | 42 | 73 | |
Total Households | 2,719 | 44,029 | 109,482 | |
Family Households | 1,858 | 23,954 | 64,294 | |
Non-Family Households | 861 | 20,075 | 45,188 | |
Married Couple | 1,048 | 14,923 | 40,708 | |
Other Family | 810 | 9,031 | 23,586 | |
Married w/Child | 491 | 5,483 | 14,778 | |
Single Male w/Child | 167 | 1,130 | 2,685 | |
Single Female w/Child | 223 | 3,428 | 8,664 |
Population Change Last Two Decades - Plus Projection
2000 | % | 2010 | % | 2020 | % | 2030 | |
---|---|---|---|---|---|---|---|
Florida | 15,982,378 | +18 | 18,801,310 | +14 | 21,517,610 | +13 | 24,340,457 |
Palm Beach County | 1,131,184 | +17 | 1,320,134 | +12 | 1,473,738 | +11 | 1,640,998 |