Golden Corral Restaurant

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Golden Corral Restaurant

Address

389 Winchester Park Blvd
Boynton Beach, FL 33436
United States
(View Map)

Property Type: Retail
Price: $4,850,000
Listing Status: Active

Contact Info

Gary Broidis
Direct: 561-703-9298
gary@atlanticcg.com

Flyer

Description

This offering presents an exceptional opportunity to acquire a versatile freestanding commercial property in one of Boynton Beach’s most active and established retail corridors. Currently operated as a Golden Corral Buffet & Grill, the property features a large 10,192-square-foot restaurant building positioned on a spacious 2.67-acre parcel.

Strategically situated adjacent to the Super Walmart at the intersection of Boynton Beach Blvd and Winchester Park Blvd, the asset enjoys heavy daily traffic, excellent visibility, and a strong regional draw from surrounding household affluence and retail density. The surrounding area includes top-performing national tenants such as ULTA Beauty, PetSmart, Barnes & Noble, TD Bank, Sonic, and Burger King, providing consistent consumer activity.

Additional Information Site Highlights
County: Palm Beach
GLA: 10,192 SF
Year Built: 2002
Lot Size: 2.67 Acres
  • Premium Commercial Asset: Golden Corral Buffet & Grill, featuring a 10,192 Sq. Ft. building on a substantial 2.67-Acre parcel.
  • Advantageous Zoning: The property benefits from flexible C-3 Community Commercial zoning, supporting a wide range of uses.
  • High-Traffic Location: Strategically located adjacent to a major Super Walmart anchor store.
  • Strong Retail Synergy: The area is a dense retail hub with co-tenants including ULTA Beauty, PetSmart, and Barnes & Noble.
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.