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Restaurant

Vacant QSR | Leasing or Development Opportunity | Yamato Road, Boca Raton

500 NE 51st St, Boca Raton, FL 33431

Listing Price: $2,400,000

Gross SF
750
Guarantor
No Guarantee
Rentable SF
750
Price/Gross SF
$3,200.00
Lease Type
Absolute Net

Investment Overview

Marcus & Millichap is pleased to present for sale this Former Checkers site
located at 500 Yamato Road in Boca Raton, Florida. Boca Raton is a city in Palm
Beach County, and it ranked as the 23rd largest city in Florida. A part of South
Florida, Boca Raton is 45 miles north of Miami and a principal city in the Miami
Metropolitan Area, which has a population of 6,012,331. As a business center,
the city also experiences significant daytime population increases. Boca Raton
is centered around luxury beach culture with many malls and shopping centers
including the Town Center at Boca Raton. It is home to the main campus of
Florida Atlantic University and the Evert Tennis Academy.
The property consists of a ±32,086 SF (0.74 acres) developed land parcel with
a 1-story, ±750 SF restaurant with drive-thru with two points of ingress/egress
on Yamato Road and NE 51st Ave. It is strategically located on Yamato Road
and NE 51st Street with 26,000 vehicles per day and less than 1-Mile east of
Interstate 95. The property is surrounded by many multi-million-dollar homes
and businesses.
There is over one million square feet of office space within a half mile radius
of the subject property with a low 4.7% vacancy rate. Top companies based in
Boca Raton include Office Depot, with a 28 acre campus, The GEO Group, Friend
Finder Network, consumer products company Jarden and e-retailer Vitacost.
Boca Raton is an affluent community with an average household income
exceeding $125,000 with a population of 162,250 within a 5-mile radius of the
property. Many colleges and universities are a few minutes from this property
including Florida Atlantic University one mile away with student enrollment of
24,861, Everglades University two miles away with student enrollment 1,498,
and Lynn University four miles away with an enrollment of 2,640.
Shopping malls and shopping centers nearby include Shoppers Haven Shopping
Center, Fifth Avenue Shops, The Shops at University Park, Boca Raton Shopping
Center, Shoppes of Blue Lake and Dumar Plaza. There are many national and
regional retailers in the immediate area including Aldi, Dunkin’, Truist, First
Citizens Bank, CVS, Mobil, Panera Bread, Publix, Bank of America and O’Reilly
Auto Parts among others.

Investment Highlights

  • Vacant Checkers with Drive-Thru Opportunity
  • Numerous Apartment Complexes in the Area Include Allure Apartments with 282 Units, Waterford Bay with 90 Units, Boca Winds Apartments with 88 Units and Boca Villa Apartments with 53 Units
  • Brand New Home Development Nearby Royal Palm with 61 Sold Out Building Lots and Sandpiper Pointe with 76 Building Lots
  • Located Less Than One Mile from Interstate 95
  • Colleges and Universities Nearby this Property Include Florida Atlantic University (FAU) with 24,861 Students; Lynn University with 2,640 Students and Everglades University with 1,498 Students
  • Florida is an Income Tax Free State

Exclusively Listed By

Financing By

Restaurant

Vacant QSR | Leasing or Development Opportunity | Yamato Road, Boca Raton

Listing Price: $2,400,000

Gross SF
750
Guarantor
No Guarantee
Rentable SF
750
Price/Gross SF
$3,200.00
Lease Type
Absolute Net

Investment Highlights

  • Vacant Checkers with Drive-Thru Opportunity
  • Numerous Apartment Complexes in the Area Include Allure Apartments with 282 Units, Waterford Bay with 90 Units, Boca Winds Apartments with 88 Units and Boca Villa Apartments with 53 Units
  • Brand New Home Development Nearby Royal Palm with 61 Sold Out Building Lots and Sandpiper Pointe with 76 Building Lots
  • Located Less Than One Mile from Interstate 95
  • Colleges and Universities Nearby this Property Include Florida Atlantic University (FAU) with 24,861 Students; Lynn University with 2,640 Students and Everglades University with 1,498 Students
  • Florida is an Income Tax Free State

Investment Overview

Marcus & Millichap is pleased to present for sale this Former Checkers site located at 500 Yamato Road in Boca Raton, Florida. Boca Raton is a city in Palm Beach County, and it ranked as the 23rd largest city in Florida. A part of South Florida, Boca Raton is 45 miles north of Miami and a principal city in the Miami Metropolitan Area, which has a population of 6,012,331. As a business center, the city also experiences significant daytime population increases. Boca Raton is centered around luxury beach culture with many malls and shopping centers including the Town Center at Boca Raton. It is home to the main campus of Florida Atlantic University and the Evert Tennis Academy. The property consists of a ±32,086 SF (0.74 acres) developed land parcel with a 1-story, ±750 SF restaurant with drive-thru with two points of ingress/egress on Yamato Road and NE 51st Ave. It is strategically located on Yamato Road and NE 51st Street with 26,000 vehicles per day and less than 1-Mile east of Interstate 95. The property is surrounded by many multi-million-dollar homes and businesses. There is over one million square feet of office space within a half mile radius of the subject property with a low 4.7% vacancy rate. Top companies based in Boca Raton include Office Depot, with a 28 acre campus, The GEO Group, Friend Finder Network, consumer products company Jarden and e-retailer Vitacost. Boca Raton is an affluent community with an average household income exceeding $125,000 with a population of 162,250 within a 5-mile radius of the property. Many colleges and universities are a few minutes from this property including Florida Atlantic University one mile away with student enrollment of 24,861, Everglades University two miles away with student enrollment 1,498, and Lynn University four miles away with an enrollment of 2,640. Shopping malls and shopping centers nearby include Shoppers Haven Shopping Center, Fifth Avenue Shops, The Shops at University Park, Boca Raton Shopping Center, Shoppes of Blue Lake and Dumar Plaza. There are many national and regional retailers in the immediate area including Aldi, Dunkin’, Truist, First Citizens Bank, CVS, Mobil, Panera Bread, Publix, Bank of America and O’Reilly Auto Parts among others.

Exclusively Listed By

Financing By

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