$32,000,000 USD
305-975-0383
1500 Gateway Blvd
Boynton Beach, FL 33426
Renaissance Commons
HIGHLIGHTS
- Institutional-quality unanchored retail center positioned at a premier Boynton Beach intersection with exceptional daily traffic activity
- Surrounded by a dense residential base with more than 276K residents within minutes and strong household income levels.
- High-performing restaurant concentration supported by seasoned operators and robust reported sales.
- Immediate access to I-95 and key demand drivers including Quantum Business Park, major hotels, and Boynton Beach High School
- Attractive long-term revenue profile driven by widespread annual rent escalations and diversified national and regional tenancy.
- Highly functional site plan offering superior visibility, architecture, parking, and connectivity within the Golden Mile corridor.
OVERVIEW
Institutional-quality unanchored retail strip center, situated at high profile intersection (81K vpd, that serves as a gateway to Boynton Beach’s “Golden Mile” retail corridor. Proximate to I-95 (1 mile east), Quantum Business Park, multiple hotels, and Boynton Beach HS. Part of a highly successful mixed-use, multilevel retail/office development
FOR SALE DETAILS
PRICE
$32,000,000 USD
PRICE/SF
$511 USD /SF
CAP RATE
Request Cap Rate
% LEASED
-
TENANCY
Multiple
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Renaissance Commons
PROPERTY TYPE
Office
TOTAL BUILDING SIZE
-
STORIES
4
BUILDING CLASS
A
YEAR BUILT
2008
SPRINKLERS
-
PARKING SPACES
250
LAND DETAILS
LAND ACRES
10.79 AC
LAND SF
470,012 SF
ZONING
SMU
APN/PARCEL ID
08-43-45-17-20-001-1060,08-43-45-17-20-001-4010
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305-975-0383
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305-975-0383
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