Boynton Beach Small-Bay + IOS — Sale in Boynton Beach, FL

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Industrial Property
  • Location: Boynton Beach, FL 33426
  • Submarket: Boynton Beach
  • Year built: 1986

Photos

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Description

Marcus & Millichap is pleased to exclusively present the Boynton Beach Small-Bay + IOS Portfolio, a 32,200-square-foot, 92% occupied industrial asset situated on approximately four acres in Boynton Beach, Florida. The Property consists of 17 suites across three separate buildings and offers a rare combination of traditional multi-tenant small-bay industrial space together with dedicated Industrial Outdoor Storage (IOS), creating a highly functional asset that appeals to a broad range of industrial users. The majority of the tenant base operates under NNN lease structures, providing investors with a stable, expense-reimbursable income stream while minimizing landlord responsibilities. The portfolio includes two multi-tenant small-bay buildings comprised primarily of 1,250-square-foot units, with several combined into double and triple bays to accommodate larger users. These buildings feature 14-foot grade-level overhead doors and approximately 18-foot clear heights, making them well suited for a variety of industrial and service-oriented tenants. The third building is a standalone single-tenant facility occupied by Pike Electric, one of the nation's leading providers of electrical infrastructure engineering and construction services, consisting of approximately 12,200 square feet of enclosed warehouse and office space, an additional 8,600-square-foot covered canopy, and approximately 2.3 acres of dedicated IOS. This flexible configuration provides tenants with a unique combination of warehouse, covered storage, and outdoor storage that is rarely available within the South Florida market, while the long-standing occupancy of Pike Electric provides a strong anchor to the Property's in-place cash flow. The Property is currently 92% occupied by a diverse mix of industrial, contractor, marine, automotive, medical, fitness, and service-oriented users, reducing industry concentration while supporting stable long-term occupancy. Many of these tenants have occupied the Proper

Market Context

This industrial in Boynton Beach, FL is listed for sale. The building dates to 1986. Compare it against other industrial listings for sale in Boynton Beach, FL — view the full market.

As of Q1 2026, the Palm Beach industrial market showed an 8.1% vacancy rate, and average asking rents near $13.63/SF/yr. Source: multiple brokerage reports, Q1 2026.

Industrial market FAQ

Is the Palm Beach industrial market tightening or softening?
Vacancy is around 8.1% (Q1 2026).

Estimated Price per SF

$113.84/SF – $827.93/SF

Mid: $344.97/SF

About 8 in 10 recent recorded sales fell within a range this wide around the estimate. An automated estimate, not an appraisal.

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