Property profile

4701 N Congress Ave Boynton Beach, FL 33426

FOR LEASE
Grocery and convenience stores
Property ID
US19-0461437
39,820 SF 9.52 ac lot Built 1986
Entity Owned 8-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

Meadows Square, located at 4701 N Congress Ave in Boynton Beach, Florida (zip code 33426), offers an exceptional opportunity for retail businesses seeking a prominent location in Palm Beach County. This 10,863 square foot retail center is currently 100% vacant and available for lease as a whole or in divisible spaces. Multiple tenancy options are available, with spaces ranging from a minimum of 2,210 square feet to a maximum contiguous space of 5,624 square feet. The property's ideal location on North Congress Avenue ensures high visibility and accessibility for customers. The flexible space allows for customization to suit various retail concepts. This is a rare opportunity to secure a substantial retail presence in a thriving Boynton Beach commercial corridor. The property is situated at latitude 26.5696384 and longitude -80.0900794. With its ample square footage and strategic location, Meadows Square presents a compelling investment prospect for businesses seeking to establish or expand their operations in a dynamic market. The property is classified as Commercial Retail and is ready for immediate occupancy. Contact us today to learn more about leasing opportunities and explore the potential of this exceptional retail space.

Property profile

Verified
Property type Grocery and convenience stores
Use group GROCERY, SUPERMARKET
Year built 1986
Construction CONCRETE
Total area 39,820 SF
Lot 9.52 ac (414,831 SF)
Zoning code C3
APN 08-43-45-07-03-020-0031
UPID US19-0461437

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Shopping Center & Mall

Location

4701 N Congress Ave Boynton Beach, FL 33426
Boynton Beach metro Census 5820 MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$10.36M
Comparable Approach Comparable
by Request
Blend (final) Blend
$9.50M

Owner & transaction history

since 2017
7 recorded transactions
2017
$17.0M
2017
$3.3M
2014
$10.8M
2007
$3.8M
2004
$2.2M
2004
$16.5M
1997
$8.4M

Zoning & alternative use

C3 · Boynton Beach, FL
Zoning description

the words "commercial district" or "commercial zoning district" are used, they are construed to include any or all of the following zoning districts: C-1 office and professional commercial; C-2 neighborhood commercial; C…

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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