6952 Okeechobee BlvdWest Palm Beach, FL 33411
High-Growth Convenience Store, $5.5M
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 117
Highlights
- Fee-simple convenience store on one acre in prime West Palm Beach location (6952 Okeechobee Blvd).
- 4,325 square foot building with a full kitchen, generating $970,000 NOI and a 17.40% cap rate.
- High-speed diesel pumps (added December 2023) increased regular gas sales by 150% and inside store sales by 180% in the past year.
- Recently added amenities include U-Haul, food truck services, Amazon fueling approval, and EBT acceptance (approved 4/3/2024).
- 9-year fuel supply agreement at Rack +1; averaged 2,000,000 gallons of annual fuel sales prior to recent upgrades.
Property Details for 6952 Okeechobee Blvd
- Property type
- Square Feet
- 4,325 SF
- Lot Size (sq. ft)
- 43,560 SF
- Units
- 1
Location Insight
- City
- West Palm Beach
- County
- Palm Beach
- State
- Florida
- Latitude
- 26.7074706
- Longitude
- -80.1568285
Nearby Similar for Sale
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