125 Spanish River Blvd - Convenience Store FOR SALE


Boca Raton, FL 33431
$1,579,800 USD
954-245-3492
125 Spanish River Blvd, Boca Raton, FL for Sale
$1,579,800 USD
Convenience Store - FOR SALE
1/9
null | 6% Cap Rate

125 Spanish River Blvd
Boca Raton, FL 33431


HIGHLIGHTS

  • Brand New 5-Year NNN Lease
  • Zero Landlord Responsibilities
  • Corporately Signed Lease
  • Extensive Renovation in 2020
  • Farm Stores is a Pioneer of the Drive-Thru Convenience Store Concept
  • Farm Stores are part of a Growing $700-Billion Industry

OVERVIEW

Brand New 5-Year NNN Lease, Zero Landlord Responsibilities, Corporately Signed Lease, Extensive Renovation in 2020. This Farm Store is ideally positioned along Spanish River Boulevard, offering exposure to approximately 25,500 vehicles per day, ensuring consistent visibility and accessibility. Nestled in an affluent and growing suburb of Boca Raton, the area boasts an average household income of approximately $124,850 within a five-mile radius, according to Experian. The trade area is extremely dense, with over 65,261 residents and 88,984 employees within a three-mile radius, creating a robust and diverse customer base. Additionally, the high barrier-to-entry market further underscores the property’s value and appeal.

FOR SALE DETAILS

PRICE

$1,579,800 USD

PRICE/SF

$2,194 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Convenience Store

ADD'L SUBTYPES

Freestanding, Storefront, Supermarket

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1977

SPRINKLERS

-

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.25 AC

LAND SF

10,890 SF

ZONING

M1

APN/PARCEL ID

06-43-47-07-02-031-0281

ASK ABOUT THIS PROPERTY

Joseph ThomasMarcus & MillichapMore Info
954-245-3492

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Joseph ThomasMarcus & MillichapMore Info
954-245-3492

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.