601 N Congress Avenue

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601 N Congress Avenue

boynton-beach, FL 33435
Asking Rate
Contact for rate
Asset Type
Retail
Class
Class B

What's Special

601 N Congress Avenue is a retail property positioned within a primary commercial corridor in Boynton Beach, Florida. The location is characterized by high-density suburban development and proximity to major shopping hubs, including the Boynton Beach Mall. The site is situated near the intersection of Congress Avenue and Boynton Beach Boulevard, offering visibility to significant daily traffic volumes. Accessibility is supported by multiple transit stops along Congress Avenue and quick connections to Interstate 95, facilitating regional access for commuters and residents from the surrounding Palm Beach County area. The property is suited for a variety of commercial applications, including traditional soft goods retail, service-oriented storefronts, or showroom space. Given the surrounding demographic profile and neighboring national brands, the asset is positioned for tenants such as regional retailers, fitness studios, or professional service providers seeking a high-traffic retail environment. The established commercial zoning and proximity to residential neighborhoods support businesses that rely on consistent local foot traffic and strong vehicular visibility.

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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