1116 Hypoluxo Rd - Convenience Store FOR SALE


Lake Worth, FL 33462
$720,000 USD
305-570-2600
1116 Hypoluxo Rd, Lake Worth, FL for Sale
$720,000 USD
Convenience Store - FOR SALE
1/6
null | 7.5% Cap Rate

1116 Hypoluxo Rd
Lake Worth, FL 33462


HIGHLIGHTS

  • Adaptive Reuse Potential: The site offers significant flexibility due to its NZ - Not Zoned status, allowing for a wide range of commercial uses.
  • Strategic Location: High-traffic Lantana spot with prime visibility and easy access—ideal for consumer-driven businesses.
  • Lease Abstract: Available Upon Request.
  • Tenant: Tru Island Grill
  • Projected Net Operating Income (NOI): $50,000 Annually
  • Estimated Cap Rate: 7.5%

OVERVIEW

APEX Capital Realty proudly presents a unique investment opportunity at 1116 Hypoluxo Road, Lantana, FL. This one of a kind vacant retail property, formerly a “Farm Stores” drive-thru store, is now available for redevelopment or rebranding tailored to a variety of drive-thru oriented businesses. The property’s strategic location and inherent flexibility make it an ideal choice for investors looking to capitalize on Lantana’s growing commercial landscape.

FOR SALE DETAILS

PRICE

$720,000 USD

PRICE/SF

$1,023 USD /SF

CAP RATE

7.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Single Tenant Net Lease 7.5% CAP

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Convenience Store

ADD'L SUBTYPES

Freestanding, Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1977

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.24 AC

LAND SF

10,454 SF

ZONING

NZ

APN/PARCEL ID

40-43-45-09-03-000-0010

ASK ABOUT THIS PROPERTY

Adriano SalucciApex Capital Realty LLCMore Info
305-570-2600

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Adriano SalucciApex Capital Realty LLCMore Info
305-570-2600

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