7450 Boynton Beach BlvdBoynton Beach, FL 33437

Property Details for 7450 Boynton Beach Blvd

Year built

1996

Construction

STEEL FRAME

Lot size

1.41 AC

Property size (Sq ft)

5,400 SF

Zone code

CG

Property type

Retail properties

Property subtype

Grocery and convenience stores

APN

00-42-45-28-07-004-0000

APU

424528070040000

Description

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.

Location Insight

City

Boynton Beach

County

Palm Beach

State

Florida

Latitude

26.5274

Longitude

-80.1634

CBSA code

33100

CBSA name

MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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