Lake Worth Beach, FL

CBRE Arranges $1.9 Million Sale of Industrial Property in Lake Worth Beach

August 13, 2025

Exterior of building showing 5 bay garage doors

Media Contact

CBRE has arranged the sale of a 6,875-sq.-ft. industrial property, Lake Worth Small Bays, in Lake Worth Beach, Fla. for $1,967,500.

CBRE’s Tyler Kuhlman and Luke Hansen represented the seller, Present Equity Advisors, in the transaction.

Located at 1106 5th Ave. S., Lake Worth Small Bays features 17 bay doors and is configured with nine tenants ranging from 400 to 1,200 sq. ft. The property is fully occupied by small, local businesses. The property is situated in an industrial corridor near the Florida East Coast railway and offers proximate access to Interstate 95 and the Sawgrass Expressway.

“This trade exemplifies the ongoing, intense demand for small bay industrial space across Palm Beach County,” said Kuhlman, First Vice President with CBRE.

This transaction is one of the highest sales to date for a small-bay industrial investment property in the Lake Worth market.

About CBRE Group, Inc.
CBRE Group, Inc. (NYSE:CBRE), a Fortune 500 and S&P 500 company headquartered in Dallas, is the world’s largest commercial real estate services and investment firm (based on 2024 revenue). The company has more than 140,000 employees (including Turner & Townsend employees) serving clients in more than 100 countries. CBRE serves clients through four business segments: Advisory (leasing, sales, debt origination, mortgage servicing, valuations); Building Operations & Experience (facilities management, property management, flex space & experience, digital infrastructure services); Project Management (program management, project management, cost consulting); Real Estate Investments (investment management, development). Please visit our website at www.cbre.com.