Three-Tenant NNN QSR
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For Sale
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1225 Palm Beach Lakes Boulevard, West Palm Beach, FL 33401
Three freestanding restaurant buildings occupy one designated parcel under long-term ground leases.
Property Size3,733 SF
Price / SF$1,923
Days on Market5
Property Features for 1225 Palm Beach Lakes Boulevard
General Information
Standard status
Active
Size
3,733 SF
Property subtype
Retail
Listing Agency:
Colliers - Los Angeles - Orange County, California
Listed By:
Adam Friedlander · License #01806555
(949) 724-5542
Source:
Crexi
Added: Sep 8
Changed: Sep 12
Last Checked: Sep 12 at 6:29AM
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 Colliers - Los Angeles - Orange County, California
Investment Insights
Based on property information with market context.
This portfolio includes three freestanding quick-service restaurant buildings on one designated parcel at 1225 Palm Beach Lakes Boulevard. Taco Bell and KFC each occupy 1,833 SF buildings, while Dunkin Donuts operates from a 900 SF building. Each location is subject to a 20-year NNN ground lease signed in 2022, with scheduled increases during the primary term and option periods. Taco Bell and KFC leases provide 7.50% increases every 5 years, while the Dunkin Donuts lease provides 10% increases.
The properties are occupied by Taco Bell, KFC, and Dunkin Donuts franchise operators. Tenants self-maintain their respective parcels, pay property taxes on a pro rata basis, and carry building insurance. The landlord administers common-area expenses, including wastewater, irrigation, and lift-station costs, with tenant reimbursements collected through CAM payments. The portfolio is near Downtown West Palm Beach, City Hall, and Tanger Outlets Palm Beach, with I-95 located 1.5 Miles West.
The properties are occupied by Taco Bell, KFC, and Dunkin Donuts franchise operators. Tenants self-maintain their respective parcels, pay property taxes on a pro rata basis, and carry building insurance. The landlord administers common-area expenses, including wastewater, irrigation, and lift-station costs, with tenant reimbursements collected through CAM payments. The portfolio is near Downtown West Palm Beach, City Hall, and Tanger Outlets Palm Beach, with I-95 located 1.5 Miles West.
Key Highlights
- Three freestanding QSR buildings leased to Taco Bell, KFC, and Dunkin Donuts
- All three properties are located on one designated parcel
- 20‑year NNN ground leases signed in 2022
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
964
Businesses Nearby
Explore this area
Business Placement
Demographics for 33401, FL
31,302
Population
19,051
Households
1.6
Avg Household Size
40
Median Age
42%
College-Educated
89%
High-School Grad
5.1 sq mi
ZIP Area
6,138
Density / Sq Mi
$60,942
Median Household Income
$39,932
Median Earnings
$1,774
Median Rent
$430,900
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?
NNN property - Three freestanding restaurant buildings occupy one designated parcel under long-term ground leases.
Where is this nnn property located?
The property is located at 1225 Palm Beach Lakes Boulevard West Palm Beach, FL.
What is the asking price?
The asking price for this property is $7,180,884.
What are key features of this property?
This property features: Three freestanding QSR buildings leased to Taco Bell, KFC, and Dunkin Donuts; All three properties are located on one designated parcel; 20‑year NNN ground leases signed in 2022
