For Sale
$1,700,000

136-140 Boynton Beach BlvdBoynton Beach, FL 33435

High-Yield Multi-Tenant Retail Building

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional investment opportunity presents a prime, free-standing retail building situated on a hard corner at 136-140 W Boynton Beach Boulevard in Boynton Beach, Florida, 33435. The property boasts a total of 2,012 square feet, divided into three (3) units, currently enjoying 100% occupancy. Built in 1965, this multi-tenant building offers a strong, stable income stream anchored by a national Check Cashing USA tenant with an 18+ year NNN lease. The asking price is $1,700,000, representing a compelling 4.43% cap rate. This location benefits significantly from its proximity to the 16.5-acre Town Square Public Private Partnership (P3) Mixed-Use and Governmental Complex Project, a key catalyst for redevelopment in both the Boynton Beach Boulevard and Cultural Districts. This project positions the property for significant future appreciation and strong rental growth. The property's strategic location and established tenancy make it an ideal addition to any diversified real estate portfolio. Serious investors are encouraged to explore this exceptional opportunity to acquire a high-performing retail asset in a rapidly developing area of Boynton Beach. The property is located in Palm Beach County.

Highlights

  • $1,700,000 asking price.
  • 2,012 square foot retail building.
  • Multi-tenant property with three units.
  • 100% occupancy.
  • 4.43% cap rate.
  • Built in 1965.

Property Details for 136-140 Boynton Beach Blvd

Property type
Retail properties
Square Feet
2,012 SF
Year Built
1965
Units
3

Location Insight

City
Boynton Beach
County
Palm Beach
State
Florida
Latitude
26.5285887
Longitude
-80.0656548
136-140 Boynton Beach Blvd, Boynton Beach, Florida

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136-140 Boynton Beach Blvd
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