

1601-1701 S Congress Avenue
Land | 4.92 acres
Marketing description
3 high value assets on prime corner – offered individually or portfolio
1701 S Congress Ave.
Development site adjacent to net lease assets
Investment highlights
Prime Hard Corner Location: Situated on a signalized intersection with 4.92 acres, offering exceptional visibility and access along the high-traffic S Congress Ave corridor in Boynton Beach, FL.
Corporate-Backed McDonald’s Ground Lease:1701 S Congress features a McDonald’s corporate backed ground lease with 13 years remaining and extension options through 2078, providing long-term, stable income.
Walgreens Anchored Strip Center:1601 S Congress includes a Walgreens NNN lease with five extension periods remaining.
Additional Income from Kessler Holdings: The strip center also includes Kessler Holdings on a 5-year NNN lease expiring in 2029, diversifying the income stream.
100% Occupied Retail with NNN Leases: Both tenants in the strip center are on triple-net (NNN) leases, minimizing landlord responsibilities and maximizing passive income.
Vacant 1.45-Acre Parcel for Development: The portfolio includes a 1.45-acre vacant land parcel, ideal for future development or value-add opportunities in a growing market.
Strong Tenant Credit & Stability: National tenants like McDonald’s and Walgreens offer creditworthy, recession-resistant income, appealing to institutional and private investors alike.
High Traffic Counts & Dense Demographics: Located in a thriving commercial corridor with strong surrounding demographics and daily traffic counts that support retail success.
Long-Term Upside Potential and Property Appreciation: With leases extending to 2078 and a development-ready parcel, this portfolio offers immediate cash flow and long-term appreciation potential.
Offered Individually or Portfolio | Corporate-Backed McDonald's Ground-Lease & Walgreens
Build-to-Suit Prototype Design with Drive-Thrus
Main on Main Congress Ave & W. Wooldbright Rd | Excellent Traffic Counts: 70,000+ VPD
Located Between Boca Raton & West Palm Beach
Infill Palm Beach County Demos & Ultra High Affluence
Rare Excess Land Included in Offering; Zoned C3
Inundated with Retail, Healthcare & Rooftop Density
4,000+ New Residential Unit Deliveries in 2027; 1.1M SQFT Office
1701 S Congress
Original lease term :20 Years
Term remaining: 13.4 Years
Renewal options (2) 5-Year Options Guaranteed (3) 10-Year Options Subsequently
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