23133 Sandalfoot Plaza Dr, Boca Raton, FL 33428
23133 Sandalfoot Plaza Dr, Boca Raton, FL 33428
23133 Sandalfoot Plaza Dr, Boca Raton, FL 33428
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Monica Cataluña, CCIM

Monica Cataluña, CCIM

+1(954) 812-1831
$6,500,000
Est. payment /mo
1.35 Acres Lot
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Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

MLS Listing ID A11924031

HOA Y/N No

Year Built 1990

Lot Size 1.350 Acres

Acres 1.35

Property Sub-Type Retail

Property Description

23133 Sandalfoot Plaza Drive is a fully stabilized retail asset in Boca Raton's established Sandalfoot corridor, offering immediate cash flow and long-term income security. The property features prime frontage along US 441 / State Road 7 with over 50,000 vehicles per day and is surrounded by dense residential neighborhoods that drive 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, providing essential, repeat-use services that enhance stability and minimize vacancy risk. A strong anchor tenant reinforces the asset's resilience through market cycles and is currently paying above-market rent, while all leases include annual rent increases, ensuring steady income growth. Additionally, a revenue-generating billboard adds a secondary income stream, further enhancing returns. With solid tenant fundamentals and a prime infill location, this asset presents a low-risk, income-focused investment with upside potential.

Location

State FL

County Palm Beach

Area 4240

Exterior

Total Parking Spaces 26

Private Pool Yes

Building

Structure Type Block

Others

Tax ID 00424730340000050

Ownership Corporation

Virtual Tour https://www.propertypanorama.com/instaview/mia/A11924031

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Miami Association of Realtors (SEFMIAMI MLS)
Listed by Fortune Christie's Intl R.E.

Nearby Locations

Monica Cataluña, CCIM

"We recognize that real estate ventures involve more than just transactions; they’re intricate puzzles that demand strategic thinking and a keen understanding of the numbers. With years of experience in the industry, we bring a wealth of knowledge and expertise to the table, ensuring that every client receives tailored solutions to meet their unique needs."

+1(954) 812-1831

monica@koresrealty.com

2665 Executive Park Drive, Suite 1 Weston, FL, 33331

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23133 Sandalfoot Plaza Dr