Boca Raton Retail
For Sale
Contact for pricing
7006 Palmetto Cir N, Boca Raton, FL
NNN investment opportunity in affluent Boca Raton location.
Property Size1,075 SF
Lot Size1.00 Acres
Price / SF$9,756
Days on Market652
Property Features for 7006 Palmetto Cir N
General Information
Standard status
Active
Size
1,075 SF
Lot size
1.00 Acres
Property subtype
RETAIL
Listing Agency:
The Boulder Group - Corporate
(847) 562-8500
Listed By:
Randy Blankstein · License #471005983
(847) 562-0003
Source:
Moodyscre
Added: Nov 27, 2024
Changed: Aug 9
Last Checked: Sep 9 at 7:05PM
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 The Boulder Group - Corporate
Investment Insights
Based on property information with market context.
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.
Key Highlights
- 15+ years remain on the primary lease term
- NNN - No landlord responsibilities
- Grocery and Gym anchored outparcel
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
2,152
Businesses Nearby
280k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 36%
Shops & Services 32%
Groceries 30%
Beauty & Spa 1%
Publix
Groceries
55,641 visits/mo
0.4 miles
McDonald's
Dining
33,278 visits/mo
0.3 miles
Winn-Dixie
Groceries
25,356 visits/mo
0.3 miles
Starbucks
Dining
20,839 visits/mo
0.4 miles
Mobil
Shops & Services
19,176 visits/mo
0.3 miles
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Grove Kosher Market — 22191 Powerline Rd, Boca Raton, FL 33433
Frequently Asked Questions
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
