- Photos
- 1 of 16
Office For Sale • 59,667 SF
| Institutional-Scale Office Asset: The property comprises 59,667 rentable square feet, offering scale that is rarely available in Boca Raton’s market. |
| Credit-Tenant Anchor: Anchored by Bank of America, the rent roll benefits from stable national credit tenancy. |
| Value-Add Lease-Up Opportunity: Current occupancy of 74.4% gives investors with the ability to drive NOI growth through vacancy absorption. |
| Expense Recovery Structure: Leases are primarily structured on a NNN basis, allowing for recovery of operating expenses. |
| Attractive Parking Ratio: The property features 245 surface parking spaces, equating to a favorable 4.1 spaces per 1,000 square feet. |
| Limited New Supply: Boca Raton benefits from restrictive zoning and limited land availability, supporting long-term occupancy and rent growth. |
| Commuter Rail | Drive | Walk | Distance |
|---|---|---|---|
| 7 min | - | 3.1 mi | |
| Boca Raton (Tri-County Commuter - South Florida Regional Transportation Authority (Tri-Rail)) | 8 min | - | 4.0 mi |
| Airport | Drive | Walk | Distance |
| Fort Lauderdale/Hollywood International | 32 min | - | 24.0 mi |
| Palm Beach International | 34 min | - | 25.7 mi |
| Parking Available: | Yes |
| Reserved: | No |
| Spaces Provided: | 226 |
| Type: | Surface |
| Included in Rent: | Yes |
Madison Chung
Marcus & Millichap
