7450 Boynton Beach Blvd Boynton Beach, FL 33437
- Grocery and convenience stores
- 5,400 SF
- 1.41 lot acres
Current Use by Public Records
- Athena Bitcoin ATM / Crypto Atm / Atm
- Krispy Krunchy Chicken / Fast Food Restaurant
- Mobil / Gas Station
- Strong Power Systems / Electrical Supply Store
- ATM / Atm
Property Details for 7450 Boynton Beach Blvd
- Year built
- 1996
- Construction
- STEEL FRAME
- Lot size
- 1.41 lot acres
- Property size
- 5,400 SF
- Zone code
- CG
- Property type
- Grocery and convenience stores
- APN
- 00-42-45-28-07-004-0000
- APU
- 424528070040000
Description
This exceptional investment opportunity presents a fee-simple ownership of a thriving, multi-tenant gas station complex located at 7450 Boynton Beach Blvd, Boynton Beach, FL 33437. The property, encompassing 1.41 acres, features two single-story buildings totaling 5,400 square feet, constructed in 1996. Currently boasting 100% occupancy, the property includes six gas pumps and a convenience store. Two tenants are under a Net Lease (NNN) agreement with a lease commencement date of July 1, 2021, and an expiration date of June 30, 2045, representing a substantial remaining lease term of 23 years. The lease includes attractive 3% annual rent bumps, ensuring consistent income growth. The property offers a compelling 5.20% cap rate and is priced at $11,400,000. This sale-leaseback investment provides a secure, high-yield opportunity in a prime Boynton Beach location. The property's strong tenant base and long-term lease structure make it an ideal addition to any diversified investment portfolio. The high-income area ensures continued strong performance. This is a reduced price for a quick sale.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Boynton Beach
- County
- Palm Beach
- State
- Florida
- Longitude
- -80.1634
- Latitude
- 26.5274
- CBSA code
- 33100
- CBSA name
- MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA
