NNN and Net Lease Properties in Palm Beach County
Palm Beach County net lease deals are single-tenant retail, QSR, pharmacy, and service assets where the tenant carries taxes, insurance, and maintenance. The county currently shows 13 active for-sale retail listings in our feed, the segment where most net-leased product surfaces, at a median asking price of $1,650,000. We broker both sides of this market.
Retail and single-tenant listings in Palm Beach County
| Active for-sale retail listings | 13 |
| Active for-lease retail listings | 0 |
| Median asking price (for sale) | $1,650,000 |
| Median asking price per SF | $641 / SF |
Retail feed listings are the closest public proxy for the net-lease universe; single-tenant deals surface in the MLS as retail. Computed from active MLS feed data, refreshed daily. Data as of 2026-07-03.
How net lease trades in Palm Beach County
Palm Beach County is the tightest-priced net-lease market in our footprint outside the Miami urban core. The buyer pool skews heavily toward 1031 exchangers and wealth-preservation capital relocating from the Northeast, many of whom are buying the county they already live in part of the year. Demand concentrates on outparcels along US-1, Federal Highway, Glades Road, and the Okeechobee and Northlake corridors, where traffic counts and household incomes justify the tightest pricing.
Supply is the constraint. Coastal Palm Beach County produces very few new single-tenant developments, so most trades are existing QSR, bank, pharmacy, and automotive-service assets changing hands between investors. Sellers benefit from that scarcity: a clean lease with term on a hard corner here draws multiple offers quickly, and off-market placement is often the difference between a negotiated price and a bid-up one.
Across recently marketed inventory we have observed single-tenant net-lease asking cap rates in Palm Beach County generally ranging from the low 5s for long-term corporate QSR and credit pharmacy deals to the mid and high 6s for shorter lease terms, franchisee credit, or secondary corridors. Treat these as observed asking ranges from marketed deals, not a quote for any specific property.
Palm Beach County net lease FAQ
What cap rates do NNN properties in Palm Beach County trade at?
Across recently marketed inventory we have observed single-tenant net-lease asking cap rates in Palm Beach County generally ranging from the low 5s for long-term corporate QSR and credit pharmacy deals to the mid and high 6s for shorter lease terms, franchisee credit, or secondary corridors. Treat these as observed asking ranges from marketed deals, not a quote for any specific property.
What kinds of net lease tenants are active in Palm Beach County?
The most active single-tenant categories we see trading in Palm Beach County are QSR and fast casual (Chick-fil-A, McDonald's, Starbucks pads), pharmacy, banks and credit unions, automotive service and parts, medical and dialysis, and convenience-fuel. Tenant mix shifts with the corridor, so we always read the specific lease and location together.
Is Palm Beach County a good market for 1031 exchange buyers?
1031 demand here is intense and structurally persistent: exchangers selling appreciated Northeast and multifamily assets want Florida income with no landlord duties, and Palm Beach addresses top their list. Well-priced NNN deals with term regularly attract exchange buyers within the first weeks of marketing.
Do you have off-market net lease deals in Palm Beach County?
Yes. A meaningful share of net-lease transactions in Palm Beach County never reach public marketing: sellers test pricing quietly against buyer mandates first. Get on our off-market list with your criteria (tenant type, price band, minimum term) and we match new inventory against it as it surfaces.