Shopping Strip
Paz Plaza
3301 W Boynton Beach Blvd, Boynton Beach, FL 33436
Listing Price: $5,600,000
Cap Rate
6.41%
Gross SF
14,400
Rentable SF
14,400
Price/Gross SF
$388.89
Lot Size
1.19 acres
Year Built
1990
Investment Overview
Marcus & Millichap is pleased to present for sale, Paz Plaza, a 14,400 SF retail strip located in Boynton Beach, Florida.
Paz Plaza
Investment Highlights
- 14,400 SF Retail Strip Located on Boynton Beach Boulevard Just West of I-95
- Ideal Small Bay Configuration with Below Market Rents and One Vacancy Allowing for Immediate Upside
- Newly Signed Anchor Tenants Include Vicky Bakery (20+ Locations), Corporate Amscot Financial (200+ Locations), and Purple Dragon Karate (2 Locations)
- Aggressive 3% to 4% Annual Base Rental Increases in Each Lease
- Recent Capital Improvements Include New Stucco Facade, Awnings, Painting, Lighting, Landscaping, New Monument Sign and Tenant Signage
Listing Price: $5,600,000
Cap Rate
6.41%
Gross SF
14,400
Rentable SF
14,400
Price/Gross SF
$388.89
Lot Size
1.19 acres
Year Built
1990
Investment Highlights
- 14,400 SF Retail Strip Located on Boynton Beach Boulevard Just West of I-95
- Ideal Small Bay Configuration with Below Market Rents and One Vacancy Allowing for Immediate Upside
- Newly Signed Anchor Tenants Include Vicky Bakery (20+ Locations), Corporate Amscot Financial (200+ Locations), and Purple Dragon Karate (2 Locations)
- Aggressive 3% to 4% Annual Base Rental Increases in Each Lease
- Recent Capital Improvements Include New Stucco Facade, Awnings, Painting, Lighting, Landscaping, New Monument Sign and Tenant Signage
Investment Overview
Marcus & Millichap is pleased to present for sale, Paz Plaza, a 14,400 SF retail strip located in Boynton Beach, Florida.
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