Takeout Restaurant with Commercial
For Sale
Contact for pricing
306 E Boynton Beach Boulevard, Boynton Beach, FL 33435
Renovated food-service space includes a full kitchen and on-site parking.
Property Size760 SF
Price / SF$5.13
Days on Market18
Property Features for 306 E Boynton Beach Boulevard
General Information
Standard status
Active
Size
760 SF
Property subtype
Business
Restaurant
Commercial Hood
Yes
Grease Trap
Yes
Building Details
Year Built
1969
Listing Agency:
South Florida Real Estate
Listed By:
MaryJo Buchanan · License #3204173
(561) 329-5611
Source:
Isaacsrealestate
Added: Oct 14
Changed: Oct 28
Last Checked: Oct 28 at 2:48PM
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 South Florida Real Estate
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Investment Insights
Based on property information with market context.
This renovated standalone restaurant space is configured for takeout and includes a full kitchen. Equipment includes a 12-foot hood, three-basin sink, slop sink, 10-gallon grease trap, prep station with a two-door refrigerator, two induction hotplates, two commercial blenders, a soft-serve machine, and a large ice machine. The property was built in 1969 and measures 760 square feet.
The site is on East Boynton Beach Boulevard in Boynton Beach, with parking. The surrounding area includes new condominium projects, and the property is described as being in a high-traffic area.
Lease terms include a three-year term with options. The stated build-out cost is excluded from this description.
The site is on East Boynton Beach Boulevard in Boynton Beach, with parking. The surrounding area includes new condominium projects, and the property is described as being in a high-traffic area.
Lease terms include a three-year term with options. The stated build-out cost is excluded from this description.
Key Highlights
- 760‑square‑foot standalone restaurant space
- 12‑foot hood, three‑basin sink, slop sink, and 10‑gallon grease trap
- Prep station with two‑door refrigerator, two induction hotplates, and two commercial blenders
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$8,205
Suggested Prices Based on Cap Rates
Cap Rate 5%
$164,100
$164.1K
Cap Rate 7%
$117,214
$117.2K
Cap Rate 9%
$91,167
$91.2K
Market Conditions
NOI Build-Up for 760 SF
Gross rent
$12.4K $16.32/SF
− Vacancy
−$682 −$0.90/SF
EGI
$11.7K $15.42/SF
− OpEx
−$3.5K −$4.63/SF
NOI
$8.2K $10.80/SF
Area
Palm Beach County, FL
Vacancy
5.50%
Lease Rate
$16.32 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$164,100
Cap Rate 7%
$117,214
Cap Rate 9%
$91,167
Alternative Uses
Best Use
Specialty Retail
$209.0K
$182.9K – $243.9K
NOI $14,631 @ 7.0% cap · market cap 375.15%
Second Best
Industrial
$117.2K
$102.6K – $136.8K
NOI $8,205 @ 7.0% cap · market cap 210.38%
Theoretical Best
Office A
$535.2K
$468.3K – $624.4K
NOI $37,466 @ 7.0% cap · market cap 960.67%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
Who owns this building?
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Current Use
Lease Details
Yes
Commercial hood
Yes
Grease trap
Location Intelligence
Trade Area within ½ mile
1,297
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 33435, FL
37,318
Population
20,058
Households
1.9
Avg Household Size
45
Median Age
32%
College-Educated
85%
High-School Grad
6.5 sq mi
ZIP Area
5,741
Density / Sq Mi
$66,612
Median Household Income
$35,488
Median Earnings
$1,846
Median Rent
$306,900
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in South region
Similar Off Market Nearby
- The Stone House Mobile Kitchen — 625 Federal Hwy, Boynton Beach, FL 33435
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- Americaters - Miami Wedding Catering Service For All Of South Florida — 411 S Federal Hwy, Boynton Beach, FL 33435
- ZEST Kitchenz — 411 Federal Hwy, Boynton Beach, FL 33435
- BGB Soul Food Creations — 411 Federal Hwy, Boynton Beach, FL 33435
Frequently Asked Questions
What type of property is this?
Restaurant - Renovated food-service space includes a full kitchen and on-site parking.
Where is this restaurant located?
The property is located at 306 E Boynton Beach Boulevard Boynton Beach, FL.
What are key features of this property?
This property features: 760‑square‑foot standalone restaurant space; 12‑foot hood, three‑basin sink, slop sink, and 10‑gallon grease trap; Prep station with two‑door refrigerator, two induction hotplates, and two commercial blenders
