500 Woolbright Rd Boynton Beach, FL 33435
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.
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Boynton Diner Restaurant
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.