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23133 Sandalfoot Plaza Dr

Boca Raton, FL

Listing Details

  • $6,500,000
  • MLS# A11924031
  • Type Commercial - Retail
  • Status Active
  • 1.350 acres
    Lot Size
  • 1990
    Year Built

Description

23133 Sandalfoot Plaza Drive is a fully stabilized retail asset in Boca Ratons 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... Read more the assets 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.

Key Features

No amenity information available.

View All Features
23133 Sandalfoot Plaza Dr
Boca Raton, FL 33428
County
Palm Beach

Contact the Agent

Luxury Homes Specialist
Contact the Listing Agent
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All Property Features

  • Property Type: Commercial - Retail
  • Crops Included Y/N: No
  • Days on Site: 161
  • Exterior: Concrete Block Construction
  • Home Warranty Y/N: No
  • Lease Considered Y/N: No
  • Lot Description: In Residential Area, Shopping Center
  • Lot Size: 1.35 Acres
  • Ownership: Corporation
  • Parcel#: 00424730340000050
  • Parking: Common
  • Parking Notes: Common
  • Property Attached Y/N: No
  • Property Sub-Type: Retail
  • Year Built: 1990