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Single-Tenant Vacant-User

1333 N Congress Ave

1333 N Congress Ave, Boynton Beach, FL 33426

Listing Price: $4,750,000

Guarantor
No Guarantee
Rentable SF
8,627
Lease Type
Triple Net (NNN)

Investment Overview

Marcus & Millichap is pleased to present a prime investment opportunity with a well-located retail property in Boynton Beach, Florida. Situated at 1333 N Congress Ave, this property is a second-generation restaurant consisting of 8,627 gross leasable SF on an oversized 1.69-acre parcel.

Positioned within the Community Commercial (C-3) zoning district, the asset benefits from flexible zoning that supports a broad range of retail and commercial uses. The site's strategic location on N. Congress Ave has exposure to 40,000+ VPD. It also sits adjacent to Boynton Beach Mall and in the center of the area’s primary retail corridor. The subject is positioned in a very dense sector of Boynton Beach, with its surrounding population having over 260,000 residents with an AHHI of over $89,000 within a 5 MI radius.

In addition to its appeal as a second-generation restaurant or redevelopment, the property is approved for a medical marijuana dispensary site with zoning verification letter in hand. Its sizeable 8,627 SF of GLA allows flexibility to subdivide the space, catering to multiple tenants, which could optimize rental income and diversify tenant risk.

This investment opportunity offers a well-situated retail asset with substantial potential for re-tenanting or redevelopment. The property's strategic position and flexible zoning within a densely populated retail area provide a solid investment opportunity.

Investment Highlights

  • Re-Tenant / Redevelopment Opportunity
  • Highly Visible - Frontage on N Congress Ave – 40,000+ VPD
  • Flexible Zoning – Wide Range of Allowed Uses - Approved for Medical Marijuana Dispensary With Zoning Letter in Hand
  • Strong Residual Value – 8,600+ SF Second Generation Restaurant
  • Located In Boynton Beach's Dense Primary Retail Corridor
  • Dense Infill Population – 260,000+ Residents in a 5 MI Radius of Subject W/ $89,000+ AHHI

Exclusively Listed By

Financing By

Single-Tenant Vacant-User

1333 N Congress Ave

Listing Price: $4,750,000

Guarantor
No Guarantee
Rentable SF
8,627
Lease Type
Triple Net (NNN)

Investment Highlights

  • Re-Tenant / Redevelopment Opportunity
  • Highly Visible - Frontage on N Congress Ave – 40,000+ VPD
  • Flexible Zoning – Wide Range of Allowed Uses - Approved for Medical Marijuana Dispensary With Zoning Letter in Hand
  • Strong Residual Value – 8,600+ SF Second Generation Restaurant
  • Located In Boynton Beach's Dense Primary Retail Corridor
  • Dense Infill Population – 260,000+ Residents in a 5 MI Radius of Subject W/ $89,000+ AHHI

Investment Overview

Marcus & Millichap is pleased to present a prime investment opportunity with a well-located retail property in Boynton Beach, Florida. Situated at 1333 N Congress Ave, this property is a second-generation restaurant consisting of 8,627 gross leasable SF on an oversized 1.69-acre parcel. Positioned within the Community Commercial (C-3) zoning district, the asset benefits from flexible zoning that supports a broad range of retail and commercial uses. The site's strategic location on N. Congress Ave has exposure to 40,000+ VPD. It also sits adjacent to Boynton Beach Mall and in the center of the area’s primary retail corridor. The subject is positioned in a very dense sector of Boynton Beach, with its surrounding population having over 260,000 residents with an AHHI of over $89,000 within a 5 MI radius. In addition to its appeal as a second-generation restaurant or redevelopment, the property is approved for a medical marijuana dispensary site with zoning verification letter in hand. Its sizeable 8,627 SF of GLA allows flexibility to subdivide the space, catering to multiple tenants, which could optimize rental income and diversify tenant risk. This investment opportunity offers a well-situated retail asset with substantial potential for re-tenanting or redevelopment. The property's strategic position and flexible zoning within a densely populated retail area provide a solid investment opportunity.

Exclusively Listed By

Financing By

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