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Park Avenue BBQ & Grille 4796 N Congress Ave 5,828 SF Retail Building Boynton Beach, FL 33426 $3,838,780 CAD ($658.68 CAD/SF)

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INVESTMENT HIGHLIGHTS

  • Located at signalized intersection with over 73,000 VPD
  • Tenant in place through 2027 with renewal options
  • Dense surrounding population and high household income
  • Publix-anchored plaza with strong co-tenancy
  • Easy access to I-95 via Hypoluxo Rd interchange

EXECUTIVE SUMMARY

Positioned at the high-traffic intersection of N Congress Avenue and Hypoluxo Road, 4796 N Congress Ave offers a rare retail outparcel opportunity within the Publix-anchored Boynton Lakes Plaza. This ±5,828 SF freestanding building sits on ±0.65 acres and benefits from C-3 zoning, allowing for a wide range of commercial uses. The site features dedicated turn lanes from both major roads, ensuring seamless ingress and egress for customers and deliveries.
The property enjoys exceptional visibility and exposure, with daily traffic counts exceeding 73,000 vehicles, and is adjacent to Meadows Square, a vibrant retail center that further amplifies consumer draw. Located just minutes from I-95 via Exit 60, the site offers regional connectivity to Palm Beach County and beyond. The surrounding area is densely populated, with over 321,000 residents within a 5-mile radius, and strong household incomes averaging over $86,000.
Currently leased to Park Avenue BBQ through November 2027, the property generates a stable NOI of $14,000/month, increasing to $15,000/month starting December 2025. The tenant holds two 5-year renewal options, offering long-term income potential. This asset is ideal for investors seeking a high-visibility retail location with strong demographics, traffic counts, and a proven tenant.

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Restaurant
Building Size
5,828 SF
Building Class
B
Year Built
1994
Price
$3,838,780 CAD
Price Per SF
$658.68 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.21
Lot Size
0.65 AC
Zoning
C3 - Allows commercial uses like retail, office, and service businesses.
Parking
40 Spaces (8.01 Spaces per 1,000 SF Leased)
Frontage
103’ on Hypoluxo Rd

AMENITIES

  • Dedicated Turn Lane

NEARBY MAJOR RETAILERS

Chase Bank
Bank of America
Duffy's Sports Grill
Anytime Fitness
Starbucks
Publix
Presidente Supermarket
YouFit Gyms

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
08-43-45-08-16-000-0000
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$2,219,574 CAD
  • Listing ID: 37958829

  • Date on Market: 2025-10-06

  • Last Updated:

  • Address: 4796 N Congress Ave, Boynton Beach, FL 33426

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