Commercial property in Boca Raton, Florida № 2038853

Commercial property in Boca Raton, Florida № 2038853
ID2038853 $ 6 500 000
  • EUR €
  • USD $
  • RUB ₽
  • GBP £
2038853

Property description

23133 Sandalfoot Plaza Drive is a fully stabilized retail asset located in Boca Raton’s established Sandalfoot retail corridor, offering immediate cash flow and long-term income security. The property benefits from direct frontage along US 441 / State Road 7, capturing over 50,000 vehicles per day, and is surrounded by dense residential neighborhoods that support consistent consumer demand. The center is 100% occupied with a diversified mix of service-oriented tenants, including Jiffy Lube, Express Car Wash, restaurants, and a tint/audio operator. These tenants provide essential, repeat-use services, creating resilience through economic cycles and minimizing vacancy risk. Additionally, the property features a revenue-generating billboard, adding a secondary income stream and enhancing overall returns. With long-term tenant stability, strong fundamentals, and a prime infill location, this asset offers investors a low-risk, income-focused acquisition with upside potential.
MLS #: A11924031
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CityBoca Raton
Address23133 Sandalfoot Plaza Dr, Boca Raton FL 33428
TypeCommercial property
Completion dateIV quarter, 1990
Parking places26
Price
  • Price
  • per m²
$ 6 500 000
  • EUR €
  • USD $
  • RUB ₽
  • GBP £
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