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16000 S Military Trl 2,531 SF Retail Building Delray Beach, FL 33484 $7,364,211 ($2,909.61/SF) 4.75% Cap Rate
Investment Highlights
- Strong Traffic Counts: Hard-corner, signalized location at the intersection of Linton Blvd and Military Trail with combined traffic counts exceeding
- Walmart & Aldi Shadow Anchored: The 7-Eleven is shadow-anchored by both by a Walmart Supercenter and an Aldi.
- High Barriers to Entry: This is the only gas station servicing the major intersection with nearby gas stations approximitely 1.5 Miles away.
- Near Delray Medical Center: The subject property is located near Delray Beach Medical Center with 536 licenses beds, over 1,700 employees and approxim
- Outstanding Demographics: There are over 13,000 residents within a 1-mile radius of the property with an average household income exceeding $102,519.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Convenience Store
Building Size
2,531 SF
Building Class
B
Year Built
2021
Price
$7,364,211
Price Per SF
$2,909.61
Cap Rate
4.75%
NOI
$349,800
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
0.88 AC
Zoning
PC
Frontage
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 12-42-46-25-10-003-0000 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $2,876,713 |
Property Taxes
Parcel Number
12-42-46-25-10-003-0000
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$2,876,713
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16000 S Military Trl