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    FOR SALE
    Gas stations

    301 W Hillsboro Blvd, Deerfield Beach, FL 33441

    1,120 SF 0.94 ac lot Built 1988
    Entity Owned 3-yr Hold Free & Clear
    Property ID
    US18-2805329
    Property summary
    AI-generated overview

    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 profile
    Verified
    Property type Gas stations
    Use group SERVICE STATION WITH FOOD MART
    Year built 1988
    Construction CONCRETE
    Total area 1,120 SF
    Lot 0.94 ac (41,086 SF)
    Zoning code B-2
    APN 48-42-01-22-0010
    UPID US18-2805329
    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
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $4.20M
    Owner & transaction history
    Hf Property Holdings INC · 3 yrs held
    Hf Property Holdings INC
    since 2023
    Last sale
    $4.5M
    3 recorded transactions
    2023
    $4.5M
    2018
    $3.4M
    2009
    Zoning & alternative use
    B-2 · Deerfield Beach, FL
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    More about this property
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