For Sale
$1,950,000

1501 Blue Heron BlvdRiviera Beach, FL 33404

High-yield gas station & retail investment.

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional investment opportunity presents a prime net-leased gas station and convenience store located at 1501 W Blue Heron Blvd, West Palm Beach, FL 33404, in Palm Beach County. Offered at $1,950,000, this Class C retail property boasts a strong 5.60% cap rate and a net operating income (NOI) of $110,000. The property benefits from a high-traffic location, averaging over 34,000 cars daily on Blue Heron Boulevard. Its strategic position, just one mile east of I-95 and under two miles from the Port of Palm Beach, ensures excellent visibility and accessibility. The site is surrounded by a thriving mix of businesses, including national tenants such as Kentucky Fried Chicken, Dunkin' Donuts, Taco Bell, and O'Reilly Auto Parts, as well as warehouses, residential neighborhoods, and schools. Long-term tenants are currently in place, with a proven history at this location for both gas and T-Mobile services. The landlord is responsible for roof and structural maintenance

Property Details for 1501 Blue Heron Blvd

Property type
Retail properties, Gas stations
Class
C

Location Insight

City
Riviera Beach
County
Palm Beach
State
Florida
Latitude
26.781036345146
Longitude
-80.078886131612
1501 Blue Heron Blvd, Riviera Beach, Florida

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1501 Blue Heron Blvd
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