Lakeshore Plaza
West Palm Beach, FL

Lakeshore Plaza is a 51,715 square foot multi-tenant retail center located at 2669 Forest Hill Boulevard in West Palm Beach, Florida. Positioned along Forest Hill Blvd with approximately 800 feet of frontage and exposure to more than 47,000 vehicles per day, the property is 100% occupied. The tenant mix consists primarily of long-standing medical, service, and neighborhood retail users, many of whom have operated at the center for over a decade.

Our business plan focuses on targeted exterior and common area improvements, optimizing operating expenses, and steadily pushing rents toward market levels upon lease renewals. With in-place rents below market and stable occupancy, the strategy emphasizes organic rent growth and long-term cash flow. The plan also includes the potential sale of an outparcel to reduce basis and enhance overall investor returns.

Acquired: January 30, 2026