TRANSACTION HIGHLIGHTS
Address: 1701 Boynton Beach Blvd, Boynton Beach, FL 33436
Sold Price: $4.6M
Size: 11,844 SF
Type: NNN Retail
Another NNN retail property sold by FA commercial representing the seller. A 11,844 square foot NNN retail property leased to City Mattress. This high-visibility location boasts excellent traffic flow on a busy street and is in close proximity to the Boynton Beach mall.
The property offers a secure investment opportunity with a strong tenant like City Mattress and a long-term NNN lease structure. The lease term has 5 years remaining with three renewal options of 5 years each, providing stable income for years to come. Additionally, the lease benefits from rent increases of 2% with each renewal option, offering built-in inflation protection.