500 Woolbright RdBoynton Beach, FL 33435
- Retail properties
- 3,500 SF
Property Details for 500 Woolbright Rd
- Property size (Sq ft)
- 3,500 SF
- Property type
- Retail properties
- Property subtype
- Bars
Description
This thriving Boynton Beach restaurant, located at 500 E Woolbright Rd, is offered for sale at $375,000. Boasting impressive sales of $970,000 in 2023 and projected to exceed $1,000,000 annually, this turnkey operation is fully equipped with all necessary kitchen and dining equipment, free of liens. The 3,500 square foot space offers 120-150 seats, encompassing both indoor and outdoor dining areas. A new 10-year lease is in place at a competitive $37 per square foot NNN, translating to approximately $130,000 annual base rent. The property benefits from a high-traffic location, ensuring consistent customer flow. This presents a unique opportunity for seamless entry into the restaurant market or portfolio expansion. The property is a single-tenant, NNN lease, with 100% occupancy. The sale price equates to $107.14 per square foot. This established business is ready for a new owner to continue its success.
Location Insight
- City
- Boynton Beach
- County
- Palm Beach
- State
- Florida
- Latitude
- 26.5142
- Longitude
- -80.0615
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
- How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
- Please email our support team at [email protected] and they will add the team member.
- How do I access a private listing?
- Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
- How can I contact the broker?
- We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
- How do I unsubscribe from emails?
- At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].