580 State Road 7 - Restaurant FOR SALE
Royal Palm Beach, FL 33411 |
580 State Road 7
Royal Palm Beach, FL 33411
HIGHLIGHTS
- STARTING BID $250,000 | Former TGI Fridays | 50K VPD | $177K Avg HH Income | BJ’s Outparcel | AUCTION NOVEMBER 17-19
- 5,461 SF Freestanding Value-Add Retail (Former TGI Friday) on 1-Acre Hard Corner Outparcel to BJ’s Warehouse in Royal Palm Beach, FL
- Nearby National Retailers: Walmart, Hobby Lobby, Starbucks, Ross, Home Depot, Lowe’s, Publix, Aldi, Burlington, Planet Fitness, Office Depot, and more
- Positioned Along SR-7/US-441 (±50K VPD) Near Southern Blvd (±63K VPD) Intersection with Convenient Access to Florida’s Turnpike (±100K VPD), I-95
- Affluent Demographics with 3-Mile AHHI of $138K and 5-Mile Population of ±193K and Annual Household Income of ±$129K
- Minutes from Palm Beach Int’l Airport, West Palm Beach, Wellington Int’l Equestrian Venues, Palm Beach State College (30K students), 2 Major Hospitals
FOR SALE DETAILS
PRICE
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CAP RATE
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% LEASED
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TENANCY
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BUILDING DETAILS
PROPERTY NAME
Auction - Former TGI Fridays | BJ's Outparcel
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Restaurant
TOTAL BUILDING SIZE
5461
STORIES
1
YEAR BUILT
2001
SPRINKLERS
-
PARKING SPACES
61
LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
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APN/PARCEL ID
72-42-43-31-06-003-0000
