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CVS 12750 S Military Trl

12,420 SF Retail Building Boynton Beach, FL 33436 $5,500,000 ($443/SF) 6.60% Cap Rate

Investment Highlights

  • Built in 2003
  • Zoned MUPD
  • Drive Through

Executive Summary

Maximize the potential of this prime retail property, featuring a 10,893 sq ft building on a massive 95,128 sq ft lot. Located on the bustling S Military Trail, this space offers unmatched visibility and high traffic, perfect for attracting a steady stream of customers. Built in 2003 and ready for a variety of retail uses, the property comes with a drive-thru — a rare and highly desirable feature for businesses. The MUPD zoning opens the door to a wide range of opportunities, making this an ideal investment for retailers looking to expand or establish a new location. With plenty of space for parking, future growth, or redevelopment, this property checks all the boxes for a successful business.

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Drug Store
Building Size
12,420 SF
Building Class
B
Year Built
2003
Price
$5,500,000
Price Per SF
$443
Cap Rate
6.60%
NOI
$363,000
Tenancy
Single
Building Height
2 Stories
Building FAR
0.13
Lot Size
2.18 AC
Zoning
MUPD - Multiple Use Planned Development
Parking
64 Spaces (5.15 Spaces per 1,000 SF Leased)
Frontage
150 FT on South Military Trail

Amenities

  • Drive Thru

MAJOR TENANTS

  • Tenant
  • Industry
  • SF OCCUPIED
  • RENT/SF
  • Lease End
  • Retailer
  • -
  • -
  • -

CVS Health is building a world of health around every consumer. Their unmatched reach allows them to deliver high-quality, affordable health care when and how individuals choose. They are on a mission to deliver superior and more connected experiences, lower the cost of care and improve the health and well-being of those they serve. As a leading health solutions company, they offer multiple channels to access health care locally and nationally. Their strong community presence, tech-forward approach and unmatched engagement with millions of people enabling them to deliver high-quality, personalized, affordable health care. Guided by their purpose, CVS Health® is building an entire world of health care around each and every person they serve, no matter where they are on their journey. They listen, show empathy and deliver innovative solutions that serve people’s unique needs and earn their loyalty. Because how they deliver their services is just as important as what they deliver.

Tenant Industry SF OCCUPIED RENT/SF Lease End
Retailer - - -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
00-42-46-01-36-001-0000
Land Assessment
$2,188,707
Improvements Assessment
$1,864,713
Total Assessment
$4,053,420
  • Listing ID: 33994593

  • Date on Market: 11/25/2024

  • Last Updated:

  • Address: 12750 S Military Trl, Boynton Beach, FL 33436

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