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CVS 12750 S Military Trl 12,420 SF Retail Building Boynton Beach, FL 33436 $7,612,000 CAD ($612.88 CAD/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
Building Size
12,420 SF
Building Class
B
Year Built
2003
Price
$7,612,000 CAD
Price Per SF
$612.88 CAD
Cap Rate
6.60%
NOI
$502,392 CAD
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’ on South Military Trail
Amenities
- Drive Thru
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
-
- Retailer
- -
- -
- -
CVS Pharmacy began in 1963 as Consumer Value Stores in Lowell, Massachusetts, selling health products. The company expanded into pharmacy services in 1967 and was later acquired by Melville Corporation. Through strategic acquisitions like MinuteClinic and Caremark, CVS grew its healthcare services. The 2018 merger with Aetna made CVS Health a major player in insurance. Today, the company operates pharmacies nationwide, manages pharmacy benefits, and provides health insurance through various subsidiaries.
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
|
|
Retailer | - | - | - |
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 00-42-46-01-36-001-0000 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $5,946,053 CAD |
Property Taxes
Parcel Number
00-42-46-01-36-001-0000
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$5,946,053 CAD
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CVS | 12750 S Military Trl
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