7030 W Palmetto Park Rd - Fast Food FOR SALE


Boca Raton, FL 33433- West Boca Raton
$4,105,000 USD
561-406-4357
7030 W Palmetto Park Rd, Boca Raton, FL for Sale
$4,105,000 USD
Fast Food - FOR SALE
1/1
null | 4.75% Cap Rate

7030 W Palmetto Park Rd
Boca Raton, FL 33433
West Boca Raton


OVERVIEW

RARE CRE and Omicrom Group of Companies are pleased to present the McDonald’s Outparcel at City National Bank Plaza — a prime 0.61-acre ground lease investment located at 7030 W Palmetto Park Road in Boca Raton, Florida. This 4,120 SF McDonald’s is positioned on a high-visibility corner with 231 feet of direct frontage along Palmetto Park Road, one of the area’s main east-west thoroughfares. The property is currently in the tenant’s option renewal period, with three (3) remaining options, providing ongoing stability and long-term income potential. Ground leases to nationally recognized tenants like McDonald’s Corporation are among the most sought-after investment types in the market. Given the brand’s exceptional credit, strong sales performance, and irreplaceable location within one of South Florida’s most affluent submarkets, this outparcel has the potential to be sold separately at a premium. The current rent is $195,000 annually, and the tenant holds a Right of First Refusal (ROFO) on the demised premises, further enhancing the investment's flexibility and exit strategy. This McDonald’s Outparcel is part of the “Powerline Portfolio” — a 510,155 RSF collection of mixed-use properties strategically located along Powerline Road in Boca Raton. The portfolio includes: City National Bank Plaza, including this McDonald’s Outparcel Fountains Center at Powerline & W Camino Real The Boardwalk at Powerline & SW 18th Street Grove Centre at Powerline & Boca Grove Boulevard All assets within the Powerline Portfolio are available for sale. CALL FOR OFFERS - JUNE 13, 2025

FOR SALE DETAILS

PRICE

$4,105,000 USD

PRICE/SF

$996 USD /SF

CAP RATE

4.75%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

McDonald's

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1991

SPRINKLERS

-

PARKING SPACES

28

LAND DETAILS

LAND ACRES

0.62 AC

LAND SF

26,796 SF

ZONING

CG

APN/PARCEL ID

00-42-47-28-01-021-0080

ASK ABOUT THIS PROPERTY

Nelson GarciaRARE CREMore Info
561-406-4357

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Nelson GarciaRARE CREMore Info
561-406-4357

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