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7006 Palmetto Cir N Boca Raton, FL 33433

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For Sale
$10,487,804

NNN investment opportunity in affluent Boca Raton location.

Property size:
1,075 SF
Lot size:
1.00 Acres

Property Features for 7006 Palmetto Cir N

General Information

Size
1,075 SF
Lot size
1.00 Acres

Source: The Boulder Group - Corporate Agent Randy Blankstein

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Boca Raton Retail Outparcel

This retail property is located within the Miami MSA, which is ranked ninth in the United States for population size. The property benefits from its location in Florida, a state with no income tax. The property has over 15 years remaining on the primary lease term and operates on a NNN lease structure, meaning no landlord responsibilities. It is an outparcel anchored by a grocery store and a gym. Situated at a signalized intersection along Powerline Road, the location benefits from high traffic volume of 38,000 vehicles per day. It is also in proximity to W Palmetto Park Road, which sees 51,000 vehicles per day, and Interstate 91, with a traffic volume of 110,900 vehicles per day. Over 302,000 people reside within a five-mile radius, and the surrounding area is affluent, with an average household income exceeding $137,000 within a one-mile radius. Neighboring retailers include Winn-Dixie, LA Fitness, Publix, Starbucks, Bank of America, Chipotle, and McDonald’s. The property has a size of 1,075 square feet and is located at 7006 Palmetto Cir N, Boca Raton, FL.
Insight Report Location Intelligence

Current Use by Public Records

Shell Gas Station ATM Atm Bitcoin of America ATM Currency Exchange Service Grifo Gas Station First Coast Energy Gas Station

Suggested Use

Law Firm Restaurant Realty agency Spa & Massage Hair Salon Dental Office Clothing Store Nail Salon Food Market Grocery Store

Zoning and permitted uses should be independently verified with local authorities.

Similar Places Nearby

Grove Kosher Market

Location Insight

  • Map
  • Local Demand
City
Boca Raton
County
Palm Beach
State
Florida
Longitude
-80.15291
Latitude
26.352019

FAQs

What type of property is this?
Grocery and convenience store - NNN investment opportunity in affluent Boca Raton location.
Where is this grocery and convenience store located?
The property is located at 7006 Palmetto Cir N Boca Raton, FL.
What is the asking price?
The asking price for this property is $10,487,804.
What are key features of this property?
This property features: - 15+ years remain on the primary lease term; - NNN - No landlord responsibilities; - Grocery and Gym anchored outparcel
More about this property
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