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3301 Boynton Beach Boulevard

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Home/FL/Boynton Beach

3301 Boynton Beach Boulevard

Boynton Beach, FL 33436
Asking Price
$5.60M
Cap Rate
6.41%
Asset Type
Shopping Center Retail
Class
Class B

What's Special

New on Market – 14,400 SF Retail Strip – Now 100% Occupied with New Lease - Boynton Beach, FL <ul><li>​14,400 SF Retail Strip Located on Boynton Beach Boulevard Just West of I-95</li><li>​Ideal Small Bay Configuration with Below Market Rents and Multiple New Long Term Leases</li><li>​Newly Signed Anchor Tenants Include Vicky Bakery (20+ Locations), Corporate Amscot Financial (200+ Locations), and Purple Dragon Karate (2 Locations)</li><li>​Aggressive 3% to 4% Annual Base Rental Increases in Each Lease</li><li>​Recent Capital Improvements Include New Stucco Facade, Awnings, Painting, Ligh

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NOI
$80,000
Cap Rate
1.43%
DSCR
0.24
Underwater
Cash-on-Cash
-15.03%
Monthly Payment
$27,705.745
Annual Cash Flow
$-252,468.934

Location & Travel Times

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