1005 w. gateway boulevard boynton beach, fl 33426 · sale of quantum village (“property”),...
TRANSCRIPT
FOR SALE93,144 SF | Over 1,200 SF of
frontage on Gateway Boulevard
QUANTUM VILLAGE1005 W. Gateway BoulevardBoynton Beach, FL 33426
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
such as; Publix, Firehouse Subs, Cross Fit, Tropical
Smoothie Cafe, The UPS Store and many more…
INVESTMENT HIGHLIGHTSLandmark Location — Quantum Village is located in Boynton Beach just North of Delray Beach. We are
positioned perfectly on the corner of High Ridge Road and Gate 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, condo’s, and new townhome developments.
Convenient ingress/egress an d highly visible signage — The Property offers three ingress/egress point on Gateway
Blvd and High Ridge Road, with a controlled light intersection. The site location offers terrific signage and incredible
frontage that is visible to vehicles from either direct ion on Gateway Blvd and High Ridge Road.
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
7.25%
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
ORDINARY INCOME / EXPENSE
INCOME
Rental Income
Base Rent
Cams Reimbursement
Tax Reinburstment
Total Rental Income
$1,426,518.20
$406,676.88
$153,882.48
$1,987,077.40
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
$12,540.00
$12,000.00
$21,000.00
$45,540.00
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
$1,800.00
$1,800.00
$14,400.00
$5,400.00
$10,440.00
$30,240.00
$133,530.00
$43,681.00
$ 43,681.00
$429,382.00
$429,382.00
$606,593.00
$549,264.00
$831,220.40
PROPERTY PHOTOS
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
LOCATION OVERVIEW
KEY DRIVING DISTANCES
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 in the West Palm Beach County Area. Excellent neighborhoods, abun-
dance of cultural activities, the City of Boynton Beach are 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. Quan-
tum Village offers ease of access with exceptional signage opportunities
that is visible for the following traffic in either direction.
Directions
From I-95 (From South) Exit onto Gateway Blvd (Exit 59) make a left on
Gateway Blvd and in about 0.3-miles your destination will be on your
right hand on the corner of High Ridge Rd and Gateway Blvd.
From I-95 (From North) Exit onto Gateway Blvd (Exit 59) make a right on
Gateway Blvd and in about 0.2-miles your destination will be on your right
hand on the corner of High Ridge Rd and Gateway Blvd.
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.
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