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Cobblestone Commons

Price on request
ID-1163 - For Sale
Cobblestone Commons

BOYNTON BEACH, FL

8811 W Boynton Beach Blvd, FL 33472
SQF 88,788    Tenants 20

General Information:

1. Cobblestone Commons On The Boulevard is a brand new 88,788 total square foot grocer anchored shopping center in high income prestigious west Boynton Beach, suburban Palm Beach County. The total land size of the offering is±10.85 acres.
2. The 20 tenant center is comprised of 3 buildings, two with adjoining courtyard, totaling 88,788 square feet. Tenants include a stellar mix of Winn-Dixie Supermarket, Winn-Dixie Liquor Store and Petsmart anchors, along with service oriented, health, beauty, wellness concepts and popular restaurants such as BurgerFi and First Watch.
3. Winn-Dixie Stores, Inc. is a subsidiary of Southeastern Grocers, which is one of the largest supermarket chains based in the Southeast. PetSmart is the #1 US specialty retailer of pet food and supplies operating more than 1,656 stores. Most tenants have 10+ year leases with significant rent increases.
4. The property is attractively designed with patio space and impressive architectural upgrades such as barrel tile roof, stacked stone, awnings, extensive landscaping, enhanced signage packages and a courtyard. Traffic counts are 28,035 VPD and 19,350 VPD on Boynton Beach Boulevard and Lyons Road respectively with excellent visibility and access. The location is less than a mile from the Florida Turnpike, and Bethesda Hospital West, part of the Baptist Health system.
5. The area abounds with new, affluent communities of single family homes and more slated for development. The population is expected to grow at a rate of over 20% in the next five years.

Gabriel Ancona