For Sale
$1,150,000

1116 Hypoluxo RdLantana, FL 33462

High-yield coffee shop investment.

Overview

Added:
Dec 11, 2024
Days on market:
117
This exceptional investment opportunity presents a 704-square-foot, single-tenant PJs Coffee of New Orleans drive-thru located at 1116 Hypoluxo Rd, Lantana, FL 33462, in Palm Beach County. The property sits on a 0.239-acre lot and boasts 100% occupancy with a 5-year NNN lease, offering a stable and predictable income stream. The asking price is $1,150,000, representing a compelling 6.00% cap rate. This thriving franchise benefits from a prime location in a developing area of Lantana, a coastal town known for its relaxed atmosphere and proximity to the Atlantic Ocean and larger South Florida metropolitan area. The property's high visibility and convenient access contribute to the strong performance of the established tenant. This presents a rare chance to acquire a reliable, income-generating asset in a stable and growing market, offering significant potential for long-term returns. The property's success is further enhanced by its convenient location within a blend of residential and commercial developments, ensuring a consistent flow of customers. This is an ideal investment for those seeking a low-risk, high-reward opportunity in the flourishing South Florida market.

Property Details for 1116 Hypoluxo Rd

Property type
Retail properties, Restaurants
Square Feet
704 SF
Buildings
1
Lot Size (sq. ft)
10,411 SF

Location Insight

City
Lantana
County
Palm Beach
State
Florida
Latitude
26.571812343015
Longitude
-80.060029454309
1116 Hypoluxo Rd, Lantana, Florida

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1116 Hypoluxo Rd
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