1200 N Federal Hwy - Office FOR SALE
Boca Raton, FL 33432 |
1200 N Federal Hwy
Boca Raton, FL 33432
HIGHLIGHTS
- Attractive, High-Quality Asset – Currently 84-percent occupied, the four-story, class A building includes over 137,000 square feet.
- Mark-To-Market Opportunity – Currently, over 40 percent of the Property's rentable square footage is set to expire within the next four years.
- Desirable Amenities – On a 5.3-acre parcel, the Property includes structured parking, a full-service café, and frontage along Federal Highway.
- Excellent Location/Access – Close proximity and excellent access to Interstate 95, the Florida Turnpike and Brightline.
- Limited Inventory – Rare opportunity to purchase a class A office building in East Boca Raton, about one mile from downtown center and Mizner Park.
- Strong Demographics – Along with continuous population growth, the average household income within a 3-mile radius is over $122,000.
FOR SALE DETAILS
PRICE
-
CAP RATE
-
% LEASED
-
TENANCY
-
BUILDING DETAILS
PROPERTY NAME
1200 Corporate Place
PROPERTY TYPE
Office
TOTAL BUILDING SIZE
137021
STORIES
4
BUILDING CLASS
A
YEAR BUILT
1984
SPRINKLERS
-
PARKING SPACES
142
LAND DETAILS
LAND ACRES
5.3 AC AC
LAND SF
230,868 SF
ZONING
-
APN/PARCEL ID
06-43-47-20-15-001-0040
