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136-140 W Boynton Beach Blvd

2,016 SF 100% Leased Retail Building Boynton Beach, FL 33435 $2,409,699 CAD ($1,195 CAD/SF) 4.43% Cap Rate

Investment Highlights

  • Free Standing Retail Building located at hard corner with Check Cashing USA established national 18+ year tenant
  • Boynton Beach Full Service Marina, Restaurants, Retail & Residential
  • Walking distance to new Town Square City Hall, Library, renovated Historic High School, Amphitheater, Approved 750 Multifamily Units & Hotel

Executive Summary

Prime Investment Free Standing retail building located at hard corner with 18+ year national Check Cashing USA triple net lease. Just west of 16.5 acre Town Square Public Private Partnership (P3) Mixed-Use and Governmental Complex Project has been identified as the catalyst project in redevelopment of both the Boynton Beach Boulevard and Cultural Districts within the BBCRA area.

Financial Summary (Actual - 2023)

Annual (CAD) Annual Per SF (CAD)
Gross Rental Income $143,714 $71.43
Other Income - -
Vacancy Loss - -
Effective Gross Income $143,714 $71.43
Taxes $16,643 $8.27
Operating Expenses $11,109 $5.52
Total Expenses $27,751 $13.79
Net Operating Income $115,963 $57.64

Financial Summary (Actual - 2023)

Gross Rental Income (CAD)
Annual $143,714
Annual Per SF $71.43
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $143,714
Annual Per SF $71.43
Taxes (CAD)
Annual $16,643
Annual Per SF $8.27
Operating Expenses (CAD)
Annual $11,109
Annual Per SF $5.52
Total Expenses (CAD)
Annual $27,751
Annual Per SF $13.79
Net Operating Income (CAD)
Annual $115,963
Annual Per SF $57.64

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
2,016 SF
Building Class
C
Year Built/Renovated
1965/2005
Price
$2,409,699 CAD
Price Per SF
$1,195 CAD
Cap Rate
4.43%
NOI
$106,645 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.15
Lot Size
0.30 AC
Zoning
C2 - Local Commercial Retail
Parking
16 Spaces (7.94 Spaces per 1,000 SF Leased)
Frontage
100 ft on W Boynton Beach Blvd

Amenities

  • Bus Line
  • Pylon Sign
  • Signage

MAJOR TENANTS

  • Tenant
  • Industry
  • SF OCCUPIED
  • RENT/SF
  • Lease Type
  • Lease End
  • Finance and Insurance
  • 1,342 SF
  • $65.15 CAD
  • Net
  • May 2027

As an established financial institution, Check Cashing USA™ offers short-term cash solutions along with great customer service. Check Cashing USA™ has many locations strategically placed throughout South Florida to make sure your money is around the corner. Call or come by your nearest location today. Check Cashing USA™ is here for you when you need cash fast. They help people every day with Payday Loans, Check Cashing, Money Transfers and other Financial Services. Trust South Florida's oldest money service business servicing their customers for the last 30 years.

  • Local Services
  • Services
  • 672 SF
  • $50.62 CAD
  • Full Service Gross
  • Nov 2024
Tenant Industry SF OCCUPIED RENT/SF Lease Type Lease End
Finance and Insurance 1,342 SF $65.15 CAD Net May 2027
Local Services Services 672 SF $50.62 CAD Full Service Gross Nov 2024
Walk Score ®
Very Walkable (74)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Nearby Major Retailers

Jazzercise
Truist
Chase Bank
Checkers
Wells Fargo
Bank of America
TD Bank
PNC Bank
Cracker Barrel Old Country Store

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
08-43-45-28-10-004-0010
Land Assessment
$501,349 CAD
Improvements Assessment
$261,423 CAD
Total Assessment
$682,017 CAD
Annual Taxes
$16,643 CAD ($8.26 CAD/SF)
Tax Year
2023
  • Listing ID: 26412486

  • Date on Market: 2022-08-16

  • Last Updated:

  • Address: 136-140 W Boynton Beach Blvd, Boynton Beach, FL 33435

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