Forum Shoppes Of Boynton Beach

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This retail space is an exceptional opportunity to join a successful and well-known shopping plaza. With a mix of established tenants and strong visibility, the property offers a stable and secure location for a new business to enter the Boynton Beach market.

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Properties for Lease

Forum Shoppes Of Boynton Beach

Address

140 N. Congress Ave
Boynton Beach, FL 33426
United States
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Property Type: Retail
Base Rent: $24.00/ PSF
Listing Status: Active

Contact Info

Michael Mandel
Cell: 561-706-2905
Michael@atlanticcg.com

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Property Description

42,696 SF shopping center located at the high traffic corner of West Boynton Beach Boulevard and North Congress Avenue (40,500 VPD) in Boynton Beach, FL. Chuck E. Cheese’s Plaza is adjacent to another recently renovated shopping center which includes Office Depot and Gordon Food Service and benefits from Wells Fargo and Truist outparcels directly in front of the property. 

The Property provides tenants and customers with an abundant parking ratio of 6/1,000 SF and convenient ingress and egress via a signalized access point and multiple entryways onto the site via North Congress Ave, West Boynton Beach Blvd and Ocean Drive.

Location Description

Located on a bustling commercial artery in Boynton Beach, the Forum Shoppes benefit from a dense population and consistent daily traffic. This shopping center is a well-established hub that serves a diverse and growing community, with easy access for a broad consumer base.

Additional Information Site Highlights Major Tenants
County: Palm Beach
Shopping Center GLA: 42,696 SF
Operating Expenses: $10.50
Min. Divisible Space: 975 SF
Max. Contiguous Space: 1,420 SF
Total SF Available: 2,395 SF
Year Built: 1986
Lot Size: 4.72 Acres
Number of Tenants: Multi
  • 2nd Generation Barber Shop
  • Former Toy Store
  • 125 Parking Spaces
  • 975 SF - 1,420 SF Available
  • $24.00 PSF + $10.50 CAM
  • Located near power retail centers Boynton Plaza, Boynton Commons, Oakwood Square and Boynton Beach Mall
  • Just five minutes west of Interstate-95
  • Chuck E. Cheese
  • Palermo's Bakery
  • My Salon Suite
  • Europa Billiards
  • RC Carribbean 
  • Favi's Skincare Studio
  • Viva Nail & Spa
Recent News

Francesca’s files for bankruptcy; closing all stores

After 25 years of operations, Houston-based women's clothing and accessories chain Francesca's filed for Chapter 11 bankruptcy protection in the U.S. Bankruptcy Court for the District of New Jersey, with plans to close all approximately 400 stores across 45 states and liquidate. The filing came after a convergence of factors including a 2023 data breach, failed investments in non-core brands, supply chain disruptions after two major suppliers lost their own funding, and the failure of an anticipated capital infusion in December 2025. The company carries about $30.1 million in secured debt, with between $10 million and $50 million in consolidated assets and approximately 1,000 to 5,000 creditors, including landlords Simon Property Group and Tanger Properties listed among its top 30 unsecured creditors. This marks the second bankruptcy filing in six years for Francesca's, which was previously sold out of bankruptcy in January 2021 to an affiliate of private equity firm TerraMar Capital for $18 million.

What to watch in retail in 2026

Retail industry trends for 2026 include continued AI adoption for product research and customer service, value-seeking consumers driving traffic to discount retailers, and shopping malls experiencing a rebound with renewed investment in mixed-use projects. Mall foot traffic increased in 2025, with indoor malls seeing a 1.8% rise in visits and visit durations up 3.3% compared to the first half of 2024, as traditional retail shopping centers transform into destinations for entertainment and experiences. Industry executives remain optimistic, with 96% expecting revenue growth and 81% anticipating margin expansion in 2026, despite challenges including weakened consumer buying power, high interest rates, and competition from mass merchants and value retailers. Specialty retailers face particular vulnerability in 2026 as high interest rates, shifts toward online shopping, and aggressive competition from mass merchants are predicted to push overleveraged companies into bankruptcy.

Bain & Co.: U.S. retail sales to grow 3.5% in 2026

U.S. retail sales are projected to grow 3.5% year-over-year in 2026 to reach $5.3 trillion, slightly down from estimated 4.0% growth in 2025, according to Bain & Company's 2026 Global Retail Sales Outlook. Volume growth will remain modest with inflation projected between 2.6% and 3.0%, as mounting consumer strain and declining confidence affect spending amid economic uncertainty, rising unemployment, and slowing labor supply growth. Bain's Consumer Health Index found that sentiment among higher-income U.S. households, who account for more than half of retail spending, declined in January 2026. The report notes that shoppers increasingly gravitating toward lower-priced and private label goods could create a "flight to value" that tempers nominal sales growth, though reduced taxes, declining fuel prices, and potential interest rate cuts could bolster consumer sentiment and spending power.