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301 Hillsboro Blvd Deerfield Beach, FL 33441

Sponsored
For Sale
$6,585,366

High-return Miami MSA gas station.

Property size:
3,303 SF

Description

Added:
Dec 11, 2024
Days on Market:
391
This exceptional investment opportunity presents a single-tenant, net-leased Shell gas station and car wash in Deerfield Beach, Florida, within the Miami MSA. The property boasts a strong 6.15% cap rate and a substantial $405,000 NOI. Situated on a 0.94-acre lot at a signalized intersection on West Hillsboro Boulevard (59,500 vehicles per day) and near I-95 (227,000 vehicles per day), this 3,303 square foot station benefits from high visibility and traffic volume. The absolute NNN lease, commenced February 27, 2023, and extends to February 26, 2043, with four 5-year renewal options and 10% rent bumps every five years. Built in 1988, the property includes eight fuel dispensers and a car wash. The location is surrounded by strong national retailers, including The Home Depot, McDonald's, Dunkin', and a DoubleTree by Hilton, serving a dense population of over 264,000 within a five-mile radius, with an average household income exceeding $116,914. The asking price is $6,585,366. Bonus depreciation is eligible

Property Features for 301 Hillsboro Blvd

General Information

Property type
Automotive properties
Square Feet
3,303 SF
Lot Size
40,946 SF

Building Details

Year Built
1988

HighLights

  • Bonus depreciation eligibility.
  • Located in the Miami MSA, a top‑9 US population area.
  • Situated in Broward County, Florida.
  • Located in a state with no income tax.
  • 18+ years remaining on the primary lease term.
  • 10% rent increases every five years.
Property Profile Location Intelligence

Current Use by Public Records

Gas stations

Suggested Use

Realty agency Law Firm Restaurant Dental Office Spa & Massage Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

Location Insight

  • Map
  • Local Demand
City
Deerfield Beach
County
Broward
State
Florida
Longitude
-80.1083264
Latitude
26.3189079

FAQs

What type of property is this?
Automotive property - High-return Miami MSA gas station.
Where is this automotive property located?
The property is located at 301 Hillsboro Blvd Deerfield Beach, FL.
What is the asking price?
The asking price for this property is $6,585,366.
What are key features of this property?
This property features: Bonus depreciation eligibility.; Located in the Miami MSA, a top-9 US population area.; Situated in Broward County, Florida.
More about this property
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