American Freedom Fuel
Closed6555 W Boynton Beach Blvd, Boynton Beach, FL 33437
$6,450,0001 units3,350 SF
Retail1995
Property type
Retail
Unit / Space count
1
Price
$6,450,000
Building size
3,350 sf
Rentable area
3,350 SF
Year built
1995
Year renovated
Occupancy
Zoning code
Lot size
1.20 Acres
Sold/status
Sold · Date unknown
Sale price
$6450000
CAP
6.40%
Property description
6555 W Boynton Beach Blvd | Boynton Beach, FL 33437
Property highlights
- Franklin Street exclusively represented the buyer in this transaction
- Sold all-cash to a local 1031 exchange buyer
- Publix shadow-anchored outparcel gas station with long term tenant (over 13yrs operating history)
- Over 6+ years lease term left on Absolute NNN lease with 2% annual increases and 2x5 year options
- Buyer will be eligible for accelerated depreciation per the IRS Rev. Proc. 87-56
- Strong demographics with an Average Household Income of $111,866 within one (1) mile
- Surrounding tenants include: LA Fitness Signature Club, Duffy’s Sports Grill, McDonald’s, Synovus, USPS, Sprouts, Synovus, and Aspen Dental, among others