Retail Strip
3301 W Boynton Beach Blvd Boynton Beach, FL 33436
For Sale
$5,600,000
For sale retail strip property designed for storefront retail uses within a compact footprint.
Property Size14,400 SF
Price / SF$388.89
Days on Market49
Property Features for 3301 W Boynton Beach Blvd
General Information
Standard status
Active
Size
14,400 SF
Property subtype
Shopping Strip
Building Details
Year Built
1990
Listing Agency:
Marcus & Millichap - Miami
(786) 522-7064
Listed By:
Kirk D. Olson · License #License(s): FL: SL3113669
(786) 522-7064
Source:
Marcusmillichap
Added: Jun 11
Changed: Jul 10
Last Checked: Jul 29 at 3:28AM
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 Marcus & Millichap - Miami
Investment Insights
Based on property information with market context.
Paz Plaza is a 14,400 SF retail strip center offered for sale in Boynton Beach, Florida. The property is presented as a straightforward collection of storefront-style space within a single retail strip configuration, sized to support neighborhood and destination retail needs.
The asset is located at 3301 W Boynton Beach Blvd, Boynton Beach, FL 33436. The listing is marketed as Paz Plaza, with the overall offering size and identity clearly defined as a retail strip center.
This property may fit owners and buyers seeking a manageable, retail-focused asset with a storefront orientation. With the transaction structured as a for-sale offering, it is also relevant for investors or operators evaluating a compact retail strip acquisition based on the size provided in the offering materials. The property is listed at $5,600,000, reflecting the 6.41% figure included in the public remarks.
The asset is located at 3301 W Boynton Beach Blvd, Boynton Beach, FL 33436. The listing is marketed as Paz Plaza, with the overall offering size and identity clearly defined as a retail strip center.
This property may fit owners and buyers seeking a manageable, retail-focused asset with a storefront orientation. With the transaction structured as a for-sale offering, it is also relevant for investors or operators evaluating a compact retail strip acquisition based on the size provided in the offering materials. The property is listed at $5,600,000, reflecting the 6.41% figure included in the public remarks.
Key Highlights
- 14,400 SF retail strip property for sale in Boynton Beach, Florida
- Designed for storefront retail uses within a compact footprint
- Year built: 1990
Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $380.2k | $26.40 |
| − Vacancy | −$32.3k | −$2.24 |
| EGI | $347.8k | $24.16 |
| − OpEx | −$104.4k | −$7.25 |
| NOI | $243.5k | $16.91 |
14,400 SF · lease $26.40/SF/yr · vacancy 8.50% · expense 30.00%
Alternative Uses
Best Use
Retail
$3.48M
$3.04M – $4.06M
NOI $243,492 @ 7.0% cap · market cap 4.35%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$10.14M
$8.87M – $11.83M
NOI $709,890 @ 7.0% cap · market cap 12.68%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Strip mall - For sale retail strip property designed for storefront retail uses within a compact footprint.
Where is this strip mall located?
The property is located at 3301 W Boynton Beach Blvd Boynton Beach, FL.
What is the asking price?
The asking price for this property is $5,600,000.
What are key features of this property?
This property features: 14,400 SF retail strip property for sale in Boynton Beach, Florida; Designed for storefront retail uses within a compact footprint; Year built: 1990
