Corner Gas Station with Convenience
New
For Sale
$220,000
101 E ATLANTIC Boulevard, Pompano Beach, FL 33060
Corner-site gas station with an active retail store and food truck.
Property Size1,620 SF
Price / SF$135.80
Days on Market3
Property Features for 101 E ATLANTIC Boulevard
General Information
Standard status
Active
Size
1,620 SF
Property subtype
Commercial
Additional Details
Business Included
Yes
Taxes and HOA fees
Annual Taxes
$15,858
Amenities
Central air
Central Air Cooling
Central Heating
Concrete Roof
Covered
Volts110
Volts220
Building Details
Year Built
1961
Listing Agency:
UNITED REALTY GROUP, INC
(561) 352-0737
Listed By:
IBRAHIM NABHAN · License #B26063592
Source:
Corcoran
Added: Aug 13
Changed: Aug 15
Last Checked: Aug 15 at 5:43AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of UNITED REALTY GROUP, INC
Investment Insights
Based on property information with market context.
This gas station property includes an active retail store and a food truck on a corner site. The property size is listed as 1,620, with improvements dating to 1961.
Located at 101 E Atlantic Boulevard in Pompano Beach, the site is positioned along a local traffic route and serves an area associated with coastal and commuter travel. The existing retail component adds an operating convenience-business element to the gas station use.
Located at 101 E Atlantic Boulevard in Pompano Beach, the site is positioned along a local traffic route and serves an area associated with coastal and commuter travel. The existing retail component adds an operating convenience-business element to the gas station use.
Key Highlights
- Active retail store included on the gas station site
- Food truck included with the property
- Corner‑site location at 101 E Atlantic Boulevard
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$9,798
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.45%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$195,960
$196.0K
Cap Rate 7%
$139,971
$140.0K
Cap Rate 9%
$108,867
$108.9K
Market Conditions
NOI Build-Up for 1,620 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$14.4K $8.88/SF
− Vacancy
−$388 −$0.24/SF
EGI
$14.0K $8.64/SF
− OpEx
−$4.2K −$2.59/SF
NOI
$9.8K $6.05/SF
Area
Pompano Beach, FL
Vacancy
2.70%
Lease Rate
$8.88 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$195,960
Cap Rate 7%
$139,971
Cap Rate 9%
$108,867
Alternative Uses
Best Use
Specialty Retail
$602.4K
$527.1K – $702.8K
NOI $42,165 @ 7.0% cap · market cap 19.17%
Second Best
Retail
$562.2K
$491.9K – $655.9K
NOI $39,354 @ 7.0% cap · market cap 17.89%
Theoretical Best
Office A
$631.8K
$552.8K – $737.1K
NOI $44,226 @ 7.0% cap · market cap 20.10%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
1,943
Businesses Nearby
Explore this area
Business Placement
Demographics for 33060, FL
35,793
Population
15,653
Households
2.3
Avg Household Size
39
Median Age
25%
College-Educated
82%
High-School Grad
7.0 sq mi
ZIP Area
5,113
Density / Sq Mi
$59,757
Median Household Income
$34,275
Median Earnings
$1,406
Median Rent
$354,100
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Gas station - Corner-site gas station with an active retail store and food truck.
Where is this gas station located?
The property is located at 101 E ATLANTIC Boulevard Pompano Beach, FL.
What is the asking price?
The asking price for this property is $220,000.
What are key features of this property?
This property features: Active retail store included on the gas station site; Food truck included with the property; Corner‑site location at 101 E Atlantic Boulevard
