4796 N Congress Ave - Restaurant FOR SALE


Boynton Beach, FL 33426- Outer Boynton Beach
$2,750,000 USD
561-893-6234
4796 N Congress Ave, Boynton Beach, FL for Sale
$2,750,000 USD
Restaurant - FOR SALE
1/2
null | Request Cap Rate

4796 N Congress Ave
Boynton Beach, FL 33426
Outer Boynton Beach


HIGHLIGHTS

  • Located at signalized intersection with over 73,000 VPD
  • Publix-anchored plaza with strong co-tenancy
  • Tenant in place through 2027 with renewal options
  • Easy access to I-95 via Hypoluxo Rd interchange
  • Dense surrounding population and high household income

OVERVIEW

Positioned at the high-traffic intersection of N Congress Avenue and Hypoluxo Road, 4796 N Congress Ave offers a rare retail outparcel opportunity within the Publix-anchored Boynton Lakes Plaza. This ±5,828 SF freestanding building sits on ±0.65 acres and benefits from C-3 zoning, allowing for a wide range of commercial uses. The site features dedicated turn lanes from both major roads, ensuring seamless ingress and egress for customers and deliveries. The property enjoys exceptional visibility and exposure, with daily traffic counts exceeding 73,000 vehicles, and is adjacent to Meadows Square, a vibrant retail center that further amplifies consumer draw. Located just minutes from I-95 via Exit 60, the site offers regional connectivity to Palm Beach County and beyond. The surrounding area is densely populated, with over 321,000 residents within a 5-mile radius, and strong household incomes averaging over $86,000. Currently leased to Park Avenue BBQ through November 2027, the property generates a stable NOI of $14,000/month, increasing to $15,000/month starting December 2025. The tenant holds two 5-year renewal options, offering long-term income potential. This asset is ideal for investors seeking a high-visibility retail location with strong demographics, traffic counts, and a proven tenant.

FOR SALE DETAILS

PRICE

$2,750,000 USD

PRICE/SF

$472 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Park Avenue BBQ & Grille

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1994

SPRINKLERS

-

PARKING SPACES

40

LAND DETAILS

LAND ACRES

0.65 AC

LAND SF

28,131 SF

ZONING

C3

APN/PARCEL ID

08-43-45-08-16-000-0000

ASK ABOUT THIS PROPERTY

Mitchell HeifetzNewmarkMore Info
561-893-6234

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Mitchell HeifetzNewmarkMore Info
561-893-6234

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