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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

500 Woolbright Rd Boynton Beach, FL 33435

3,500 SF
Property ID
Property summary
AI-generated overview

This thriving Boynton Beach restaurant, located at 500 E Woolbright Rd, is offered for sale at $375,000. Boasting impressive sales of $970,000 in 2023 and projected to exceed $1,000,000 annually, this turnkey operation is fully equipped with all necessary kitchen and dining equipment, free of liens. The 3,500 square foot space offers 120-150 seats, encompassing both indoor and outdoor dining areas. A new 10-year lease is in place at a competitive $37 per square foot NNN, translating to approximately $130,000 annual base rent. The property benefits from a high-traffic location, ensuring consistent customer flow. This presents a unique opportunity for seamless entry into the restaurant market or portfolio expansion. The property is a single-tenant, NNN lease, with 100% occupancy. The sale price equates to $107.14 per square foot. This established business is ready for a new owner to continue its success.

Property profile
Verified
Property type Retail properties & Spaces
Total area 3,500 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Boynton Diner Restaurant
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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