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Boynton Mobil 7450 Boynton Beach Blvd

5,100 SF 100% Leased Retail Building Boynton Beach, FL 33437 £8,919,930 (£1,749/SF) 3.38% Net Initial Yield

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Investment Highlights

Signalized Intersection
52,500 VPD
Car Wash, Truck Rental, Repair Facility

High Income Area
High Gas Margins

Executive Summary

Reduced for quick sale! High value corner gasoline, convenience store, auto repair facility and car wash located on 1.4 acres. The repair and convenience store building is 5,000+ sq. ft. Investment only, existing tenants have 25 year lease. Strong demographics, high income area.
This facility is located at a signalized intersection just East of Florida's Turnpike.

Survey West Boynton Auto Services

Financial Summary (Actual - 2021)	Annual	Annual Per SF
Gross Rental Income	-	-
Other Income	-	-
Vacancy Loss	-	-
Effective Gross Income	-	-
Net Operating Income	£709,682	£139.15

Financial Summary (Actual - 2021)

Gross Rental Income
Annual	-
Annual Per SF	-

Other Income
Annual	-
Annual Per SF	-

Vacancy Loss
Annual	-
Annual Per SF	-

Effective Gross Income
Annual	-
Annual Per SF	-

Net Operating Income
Annual	£709,682
Annual Per SF	£139.15

Property Facts

Sale Type

Investment

Sale Condition

Business Value Included

Property Type

Retail

Property Subtype

Service Station

Building Size

5,100 SF

Building Class

Year Built

1996

Price

£8,919,930

Price Per SF

£1,749

Net Initial Yield

3.38%

NOI

£301,243

Percent Leased

100%

Tenancy

Multiple

Number of Floors

Building FAR

0.08

Lot Size

1.41 AC

Zoning

CG/SE, County - General Commercial

Parking

10 Spaces per 1,000 SF Leased

Frontage

448 ft on Boynton Beach

About 7450 Boynton Beach Blvd , Boynton Beach, FL 33437

Gas station on over 1 acre at signalized intersection. The facility boasts 16 fueling positions, gas and diesel products with additional income centers such as car wash, repair facility and truck rentals.