1005 w. gateway boulevard boynton beach, fl 33426...quantum village is located in boynton beach. the...

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FOR SALE 93,144 SF | Over 1,200 SF of frontage on Gateway Boulevard QUANTUM VILLAGE 1005 W. Gateway Boulevard Boynton Beach, FL 33426

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Page 1: 1005 W. Gateway Boulevard Boynton Beach, FL 33426...Quantum Village is located in Boynton Beach. The city of Boynton Beach is located in West Palm Beach County. Excellent neighborhoods

FOR SALE93,144 SF | Over 1,200 SF of

frontage on Gateway Boulevard

QUANTUM VILLAGE1005 W. Gateway BoulevardBoynton Beach, FL 33426

Page 2: 1005 W. Gateway Boulevard Boynton Beach, FL 33426...Quantum Village is located in Boynton Beach. The city of Boynton Beach is located in West Palm Beach County. Excellent neighborhoods

THE OFFERING

One Investment Group, is proud to announce the

SALE of Quantum Village (“Property”), located at

1005 West Gateway Blvd Boynton Beach, FL

33426. The property is located in a strategic

location on the corner of Gateway Blvd and High

Ridge Rd just off of Interstate-95.

Quantum Village is eye-catching and has been

perfectly maintained. The site has approximately

over 1,200 square feet of frontage on Gateway

Boulevard. Over 50,000 vehicles travel along

Gateway Blvd each day, giving you great visibility.

Quantum Village is 87% leased to national

tenants : Publix, Firehouse Subs, Cross Fit,

Tropical Smoothie Cafe, The UPS Store and many

more…

Page 3: 1005 W. Gateway Boulevard Boynton Beach, FL 33426...Quantum Village is located in Boynton Beach. The city of Boynton Beach is located in West Palm Beach County. Excellent neighborhoods

INVESTMENT HIGHLIGHTSLandmark Location — Quantum Village is located in Boynton Beach just North of Delray Beach. Positioned perfectly on the

corner of High Ridge Road and Gateway Boulevard, the area is a combination of commercial and residential development.

Directly to the North, East, South and West of the shopping center there are residential homes, condos, and new town home

developments.

This plaza features is well maintained and managed. Convenient ingress/egress points on Gateway Blvd and High Ridge Road,

and a controlled stop light intersection allow for ease of access. Well maintained landscaping and slate brick signage is visible to

vehicles from either direction on Gateway Blvd and High Ridge Road.

Page 4: 1005 W. Gateway Boulevard Boynton Beach, FL 33426...Quantum Village is located in Boynton Beach. The city of Boynton Beach is located in West Palm Beach County. Excellent neighborhoods

Address:

Building Size:

Year Built:

Land Area:

Occupancy:

Parking Ratio:

Sale Price:

Capitalization Rate:

1005 W. Gateway Boulevard | Boynton Beach, FL 33426

93,144 SF

2007

10.89 Acres

87.16%

461 Parking Spaces all Throughout the Shopping Center

$10,000,000 Ground Lease 41 Years Remaining

8.25%

QUANTUM VILLAGE | PROPERTY OVERVIEW

DEMOGRAPHICS

2015 Daytime Population:

Projected Growth 2014-2019:

Average HH Income:

1-MILE

15,586

4.42%

$60,526

5-MILES

215,243

4.77%

$68,588

3-MILES

108,911

4.53%

$62,472

Page 5: 1005 W. Gateway Boulevard Boynton Beach, FL 33426...Quantum Village is located in Boynton Beach. The city of Boynton Beach is located in West Palm Beach County. Excellent neighborhoods

ORDINARY INCOME / EXPENSE

INCOME

Rental Income

Base Rent

Cams Reimbursement

Tax Reinburstment

Total Rental Income

$1,426,518.20

$406,676.88

$133,882.48

$1,992,123.40

QUANTUM VILLAGE | PROFIT & LOSS

EXPENSES

CAMS

Building Maintenance

Elevator Maintenance & Repairs

Total Building Maintenance

Ground Maintenance

Garbage Disposal

Janitorial Contract

Lawn Maintenance

Total Ground Maintenance

$950.00

$950.00

$18,540.00

$25,000.00

$26,000.00

$55,000.00

Management Fees

Security

Fire Alarms System

Total Security

Utility

Electric (CAM)

Sewer (CAM)

Water (CAM)

Total Utility

Total CAMS

Insurance

Building Insurance

Total Insurance

Taxes

Property

Total Taxes

Total Expense

Land Lease Rent

NET ORDINARY INCOME

$55,000.00

$4,116.00

$4,116.00

$24,400.00

$5,400.00

$10,440.00

$40,240.00

$169,846.00

$23,681.00

$ 23,681.00

$429,382.00

$429,382.00

$622,909.00

$549,264.00

$763,812.40

Page 6: 1005 W. Gateway Boulevard Boynton Beach, FL 33426...Quantum Village is located in Boynton Beach. The city of Boynton Beach is located in West Palm Beach County. Excellent neighborhoods

PROPERTY PHOTOS

Page 7: 1005 W. Gateway Boulevard Boynton Beach, FL 33426...Quantum Village is located in Boynton Beach. The city of Boynton Beach is located in West Palm Beach County. Excellent neighborhoods

PROPERTY VIEW

Gateway Boulevard - 40,500 Cars Per Day

Pho 13 Vietnamese Restaurant

-209 210 2,280 SF211-212 1,816 SF

Bamboo Garden

Intense Core Studio

Dry Cleaning

Mar al Arts

-110 111 1,900 SF112 760 SF

11,400 Cars Per Day

Chinese Takeout Cool Spot

Ice Cream Allure Realty

Tropical Smoothie Insphere

InsuranceGood Clean

Vapes

OFFICE SPACESHealthy Market

InsuranceDr. Victor Dee

103 1,140 SF104 1,140 SF

Page 8: 1005 W. Gateway Boulevard Boynton Beach, FL 33426...Quantum Village is located in Boynton Beach. The city of Boynton Beach is located in West Palm Beach County. Excellent neighborhoods

LOCATION OVERVIEW

Interstate 95

Congress Blvd

Palm Beach International Airport

Downtown West Palm Beach

Downtown Fort Lauderdale

Fort Lauderdale International Airport

0.3-mile

1.9-mile

10.6-miles

12.9-miles

34.7-miles

39.0-miles

Map Locator

Quantum Village is located in Boynton Beach. The city of Boynton Beach

is located in West Palm Beach County. Excellent neighborhoods AND

AN abundance of community activities, make the City of Boynton Beach

a municipality of unparalleled beauty and quality of life. The Property is

set in a prime location in between Gateway Boulevard just west of

Interstate 95. Quantum Village offers ease of access with exceptional

signage opportunities that is visible for the following traffic in either

direction.

Directions

From I-95, exit onto Gateway Blvd (Exit 59) . Head west & in about 0.3-

miles your destination will be on your right hand on the corner of

Gateway Blvd & High Ridge Rd

KEY DRIVING DISTANCES

Page 9: 1005 W. Gateway Boulevard Boynton Beach, FL 33426...Quantum Village is located in Boynton Beach. The city of Boynton Beach is located in West Palm Beach County. Excellent neighborhoods

QUANTUM VILLAGE | TENANT OVERVIEW

P u b l i x : ( w w w . P u b l i x . c o m )Publix's mission statement begins with our overall company goal — to be the premier quality food retailer in the world. Although this phrase may sound like we want to operate stores around the globe, that's not really the inten-tion. It’s our way of saying we want to be among the best in the world in all we do. Publix's mission statement was created based on the values and beliefs on which Publix founder, George Jenkins, built our company. Publix leaders continually look at our mission to make certain we execute our strategy to support it. But since its inception, our company focus hasn’t swayed from its key principles.

Bramer’s Brazilian Cuisine: (www.bramersbc.com)Founded in 2018, Bramer’s Brazilian Cuisine provides the best classic and delicious brazilian food. The moment you step into our restaurant, you will be welcomed with a friendly smile that will invite you into a relaxing atmo-sphere. While you enjoy this great atmosphere, you will have the chance to indulge in a wide array of pizzas, burgers, sandwiches, prepared dishes and even create your own dish!

U P S : ( w w w . U P S . c o m )United Parcel Service, Inc. (UPS) is the world's largest package delivery company and a provider of supply chain management solutions. The global logistics company is headquartered in Sandy Springs, Georgia, which is part of the Greater Atlanta metropolitan area. UPS delivers more than 15 million packages a day to more than 6.1 million customers in more than 220 coun-tries and territories around the world. UPS is known for its brown delivery trucks and uniforms, hence the company nickname "Brown". UPS also operates its own airline and air cargo delivery service.

F i r e H o u s e S u b s : ( w w w . F i r e h o u s e s u b s . c o m )Growing up in a family that is both entrepreneurial and built on decades of fire and police service, it seems we were d estined to start Firehouse Subs®. Of course we tried other things along the way to our American Dream – rock ’n’ roll, real estate, and even Christmas tree farming. But everything we experienced on our path led us to Firehouse Subs. People come back when they’re treated well and fed well. Turns out, people absolutely LOVE the same things we do – the best meats, cheeses, and toppings we can find. Take our Hook & Ladder® Sub for example, with Virginia honey ham, smoked turkey breast, and melted Monterey Jack.

T r o p i c a l S m o o t h i e C a f e : ( w w w . T r o p i c a l s m o o t h i e . c o m )We’ve been making and serving fresh food for as long as we can remember. Even before we opened our first cafe, we served fresh fruit smoothies from a stand on a Florida beach. We’ve come a long way since then but we’ve remained true to our early days of pure, wholesome food. In 1997, we opened our first restaurant in Tallahassee, Florida to give our customers a place to sit and relax while enjoying our fruit smoothies. By 1999, we added a wide range of wholesome food options to our menu that perfectly comple-mented our smoothies. One year later, we officially established theTropical Smoothie Café name.

C r o s s F i t B o y n t o n B e a c h : ( w w w . c r o s s f i t b o y n t o n b e a c h . c o m )Rob is the co-owner of CrossFit Boynton Beach. Rob is a 7 year veteran in the sport of CrossFit and Olympic lifting. Prior to CrossFit, Rob spent his whole life in a traditional gym doing non-traditional, ‘CrossFit-like’ training. Once learning about CrossFit, the transition was natural and logical. A no brainier. In 2013, in addition to winning 4 major local competitions in FL, Rob qualified for the CrossFit Games in California and placed 10th in the world! (40-44 division). With an accounting degree from FAU, and a former CPA, Rob has a strong background in management and has the ability to create super teams in way of coaching staff. Rob’s goal is to create an overall experience that is unmatched anywhere else. We hope you agree.

Page 10: 1005 W. Gateway Boulevard Boynton Beach, FL 33426...Quantum Village is located in Boynton Beach. The city of Boynton Beach is located in West Palm Beach County. Excellent neighborhoods

FOR PROPERTY INQUIRIES PLEASE VISIT OUR WEBSITE OR CALL JOSEPH

JOSEPH SCARFONELicensed Real Estate Broker

+1 561 945 [email protected]

www.oneinvestmentone.com

2048 E. Sample Rd.Lighthouse Point, FL 33064