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NNN single-tenant retail property

NNN Properties · Palm Beach County

NNN Properties for Sale in Palm Beach Gardens

Palm Beach Gardens offers one of the most attractive NNN investment markets in Central Florida. Population growth, strong retail demand, and credit tenant expansion have made Palm Beach Gardens a priority market for passive net-lease investors and 1031 exchange buyers looking for stable cash flow with zero management.

Cap Rates: 5.25% - 7.25%Population: ~60,000165 miles SE of Orlando

About Palm Beach Gardens

Palm Beach Gardens is a premier master-planned city in northern Palm Beach County anchored by PGA National Resort, the Gardens Mall, and a deep corporate and medical office base. The PGA Boulevard corridor has attracted significant corporate expansion, and the city's demographics support premium retail, medical, and professional services.

Market highlights

  • PGA National Resort — host of the Honda Classic
  • The Gardens Mall — regional luxury retail anchor
  • Max Planck Florida Institute for Neuroscience
  • Downtown at the Gardens — walkable mixed-use retail
  • Strong corporate office base along PGA Boulevard

Major employers

  • Max Planck Florida Institute
  • Palm Beach Gardens Medical Center
  • PGA of America
  • National retailers and corporate offices

Demographics

Median household income ~$90,000 with premium family and retiree demographics supporting luxury retail and medical office demand.

Why Invest in NNN Properties in Palm Beach Gardens

  • Absolute net lease structures with zero landlord responsibilities
  • Corporate-guaranteed rent from investment-grade tenants
  • Long lease terms (typically 10-20 years) with predictable escalations
  • Ideal for 1031 exchange replacement property
  • Institutional-quality income without institutional deal size

Typical NNN Properties Tenants in Palm Beach Gardens

NNN properties are best suited for passive investors and 1031 exchange buyers looking for mailbox-money cash flow backed by corporate guarantees.

Dollar GeneralAutoZoneWalgreens7-ElevenStarbucksChipotlePanera BreadTaco Bell

Why Investors Buy NNN Properties in Palm Beach Gardens

NNN investors are drawn to Palm Beach Gardens for the same reasons operators are expanding here — strong demographics, growing population, and a retail environment that supports credit tenant expansion. Deals priced between $1.5M and $5M trade actively in this market, making Palm Beach Gardens accessible to both 1031 exchange buyers and first-time NNN investors.

What to Look for in a Palm Beach Gardens NNN Deal

The best Palm Beach Gardens NNN deals combine strong tenant credit with a defensive location. Look for corner outparcels, established retail corridors, and properties with demographic tailwinds. Avoid over-reliance on a single industry and watch for upcoming lease expirations that could impact your exit strategy.

NNN Cap Rates in Palm Beach Gardens

Cap rates for NNN deals in Palm Beach Gardens typically range from 5.25% for top-tier corporate-guaranteed deals with long remaining lease terms, up to 7.25% for franchisee-operated deals or shorter lease terms. Location, tenant credit, and lease structure drive pricing more than the specific asset class.

Looking for nnn properties in Palm Beach Gardens?

Ryan Solberg and the MaxLife Realty team work Palm Beach Gardens and the surrounding Central Florida markets every day. We source on-market and off-market opportunities, underwrite them against institutional standards, and help clients close with confidence.

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