7006 Palmetto Cir N, Boca Raton, FL

Listing agent Randy Blankstein License #471005983

Listing office The Boulder Group - Corporate Show Phone

Listing date Nov 27, 2024

Source Moodyscre

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

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Overview

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.

Suggested Use

Law Firm Restaurant Real Estate Agency Spa & Massage Center Hair Salon Dental Office Nail Salon Food Market Grocery & Convenience Store Gym & Fitness Center

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

Similar Places Nearby

• Grove Kosher Market — 22191 Powerline Rd, Boca Raton, FL 33433

Location Insight

• Map
• Local Demand

City

Boca Raton

County

Palm Beach

State

Florida

Longitude

-80.1529

Latitude

26.352

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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