6950 S Congress Ave, Lake Worth, FL, 33462
Dark WSS
Key Information
Highlights
• Income-Producing Property – Existing tenant has ceased operations but remains obligated under its lease, currently paying $308,400 annually in net rental income to ownership.
• High-Visibility Signalized Intersection – Positioned at the intersection of South Congress Avenue and Hypoluxo Road, providing strong visibility, convenient access, and exposure to approximately 69,000 vehicles per day.
• ±12,448 SF Freestanding Retail Building – Former CVS situated on approximately 1.93 acres, providing a substantial existing building footprint with ample parking and flexibility for a variety of retail, medical, service, and owner-user concepts.
• National Tenant Corridor – Located directly across from Boynton Lakes Plaza, a Publix-anchored shopping center, with surrounding national retailers including 7-Eleven, Chase, Starbucks, Sprouts Supermarket, Walgreens, Bank Of America and other daily-needs operators.
• Dense & Affluent Consumer Base – The surrounding trade area includes approximately 342,000 residents within five miles, with average household income exceeding $100,000 within one and five miles, supporting a broad range of retail and service uses.
• Flexible Repositioning Opportunity – The property’s CC zoning, freestanding configuration, large parcel, and existing retail improvements create flexibility for potential re-tenanting, adaptive reuse, or redevelopment, subject to applicable approvals.
• Strong Owner-User Appeal – The combination of an existing ±12,448 SF building and nearly two acres of land creates an opportunity for an owner-user to establish a highly visible location while controlling the underlying real estate.
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