2290 N Congress Ave

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2290 N Congress Ave

Boynton Beach, FL 33426
Asking Price
$12.68M
Asset Type
Retail
Class
Class B

What's Special

2290 N Congress Avenue is a retail property situated in a primary commercial corridor of Boynton Beach, Florida. The location is characterized by high-density residential neighborhoods and a concentration of national big-box retailers and professional service centers. It offers direct frontage on Congress Avenue, a major North-South thoroughfare, providing proximity to the Boynton Beach Mall and multiple regional shopping plazas. The site is approximately two miles west of Interstate 95, ensuring efficient logistical access for local and regional commuters. The property is suited for a variety of general retail uses, including fitness centers, specialty showrooms, or medical office sub-tenants. The typical tenant profile includes mid-size national brands or established regional businesses seeking high visibility and consistent daily traffic counts. Given the surrounding demographic density, the asset is positioned for service-oriented businesses or consumer goods retailers that benefit from being part of a mature transit and retail hub.

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NOI
$80,000
Cap Rate
0.63%
DSCR
0.11
Underwater
Cash-on-Cash
-17.69%
Monthly Payment
$62,733.722
Annual Cash Flow
$-672,804.659

Location & Travel Times