Boynton Industrial
Industrial | 7.40% CAP | 6,525 SqFt
Marketing description
CBRE, Inc., as exclusive agent for the Owner, is pleased to offer for sale Boynton Industrial (the “Property” or “Building”) in Boynton Beach, Florida.
This recently renovated small‑bay industrial asset totals 6,525 rentable square feet on a 0.38‑acre site and is currently 100% leased. Situated in one of the nation’s most affluent and desirable submarkets, the Property benefits from strong local demand and has an excellent market position.
Although occupancy is stabilized, the Offering provides clear upside: current in-place rents are approximately 20% below prevailing submarket levels, and our underwritten market rents remain meaningfully below the competitive set. This creates an opportunity for new ownership to raise rents while maintaining the Property’s value‑alternative appeal.
Built in 1972 and renovated in 2023, Boynton Industrial is located at 617 W Industrial Ave, with quick access to Boynton Beach Blvd and immediate access to I-95.
Investment highlights
CONVENIENT ACCESS
Prime location with easy connections to Boynton Beach Blvd and Interstate 95.
REVENUE GROWTH POTENTIAL
Excellent opportunity to raise rents to match market rates with current rates less than 20% of market.
STRONG CASH FLOW
Reliable income generated from a diverse range of industrial tenants.
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