For Sale
$849,000

1153 Military TrlWest Palm Beach, FL 33409

West Palm Beach gas station & C-store

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional West Palm Beach retail property, located at 1153 N Military Trl, offers a lucrative investment opportunity. The 880-square-foot building, constructed in 1986, sits on a 1.29-acre lot and includes a convenience store, gas station, and fast-food capabilities. Currently operating at 100% occupancy as a single-tenant property, it features four gas pumps and 16 parking spaces. The property is zoned CG and benefits from a triple-net (NNN) lease structure with rent bumps. The asking price is $849,000, translating to $964.77 per square foot. This established business offers high margins and low rent, further enhanced by additional income streams. A unique aspect of this offering is the option to purchase the underlying real estate within two years of acquiring the business, with the property sale price set at today's value, including a prorated credit from the business purchase. The combined property and business value is listed at $4.7 million. This presents a compelling opportunity for owner-users seeking a strong cash-flowing operation in a prime West Palm Beach location.

Property Details for 1153 Military Trl

Property type
Retail properties, Grocery and convenience stores
Square Feet
880 SF
Year Built
1986
Buildings
1
Stories
1
Lot Size (sq. ft)
56,192 SF
Units
1

Location Insight

City
West Palm Beach
County
Palm Beach
State
Florida
Latitude
26.694221752736
Longitude
-80.111662132995
1153 Military Trl, West Palm Beach, Florida

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1153 Military Trl
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