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Property profile & analytics
OFF-MARKET Estimated value $1,090,000
Grocery and convenience stores

7450 Boynton Bch Blvd Boynton Beach, FL 33437-3883

5,400 SF 1.41 ac lot Built 1996
Entity Owned 21-yr Hold ~ Est. High Equity
Property ID
US18-3473051
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Grocery and convenience stores
Use group CONVENIENCE STORE
Year built 1996
Construction STEEL FRAME
Total area 5,400 SF
Lot 1.41 ac (61,254 SF)
Zoning code CG
APN 00-42-45-28-07-004-0000
UPID US18-3473051
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
  • Athena Bitcoin ATM Crypto Atm Atm
  • Krispy Krunchy Chicken Restaurant Take-out & Catering
  • Mobil Gas Station
  • Strong Power Systems Building Supply Electrical Service
  • ATM Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.11M
Blend (final) Blend
$1.09M
Owner & transaction history
West Boynton Auto Services INC · 21 yrs held
West Boynton Auto Services INC
since 2004
6 recorded transactions
2016
Price N/A
2004
$4.8M
1969
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
CG · Boynton Beach, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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