2201 NW Corporate Blvd - Medical FOR SALE


Boca Raton, FL 33431- Downtown Boca Raton
$7,950,000 USD
561-703-0888
2201 NW Corporate Blvd, Boca Raton, FL for Sale
$7,950,000 USD
Medical - FOR SALE
1/13
null | 5.87% Cap Rate

Sep '26


2201 NW Corporate Blvd
Boca Raton, FL 33431
Downtown Boca Raton


HIGHLIGHTS

  • Prime I-95 Corridor Location: 2-minute highway access + Executive Airport proximity in South Florida's premier business district.
  • Strong Cash Flow & Upside: 95% occupied, 40% lease rollover creates NOI growth opportunity through strategic re-leasing at market rates.
  • Value-Add Entry Point: $289 PSF vs. $500+ new construction with monument/building signage revenue potential & covered parking upside.
  • Corporate Migration Tailwinds: Positioned to benefit from Fortune 500 relocations to tax-friendly Florida business environment.
  • Defensive Investment Profile: 5.87% in-place cap rate in recession-resistant Boca Raton market with affluent tenant demographics.
  • Turnkey Class B+ Asset: Recently renovated with marble atrium, elevator service, 24-hour access, and professional tenant amenities.

OVERVIEW

2201 NW Corporate Boulevard presents an exceptional investment opportunity within Boca Raton's prestigious Glades Corporate Park. This 27,422-square-foot, two-story Class B+ office building sits on 1.53 acres and showcases an elegant interior atrium with marble floors, dramatic circular staircase, and elevator service. Built in 1982 and recently renovated with upgraded common area finishes, the property offers unparalleled connectivity with 2-minute access to I-95 and proximity to Town Center Mall, Boca Raton Executive Airport, and the Florida Turnpike. Currently 95% occupied with a diversified professional tenant mix including attorneys, medical offices, and business services, the property generates strong cash flow in South Florida's premier business corridor. The building provides 95 parking spaces at a 3.5:1,000 ratio, including 13 covered spaces, plus monument and building signage opportunities with 24-hour access for tenant convenience. Strategic positioning within Palm Beach County's corporate headquarters hub, surrounded by Fortune 500 companies like Office Depot and ADT, creates sustained demand from the region's affluent, educated workforce. With approximately 40% of rentable space rolling over in the next year, new ownership has compelling upside potential to drive significant NOI growth through strategic re-leasing and value-add improvements. At $7,950,000 ($289 PSF), this defensive asset offers a 5.87% in-place cap rate within a proven growth market. The property represents an attractive alternative to new construction at $500+ per square foot, positioned to benefit from Florida's continued corporate migration trends and Boca Raton's sustained office market outperformance throughout Palm Beach County. For complete access to financials, please register to download the Offering Memorandum. Owner User available within the next 12 Months.

FOR SALE DETAILS

PRICE

$7,950,000 USD

PRICE/SF

$290 USD /SF

CAP RATE

5.87%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

The Avalon

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1982

SPRINKLERS

-

PARKING SPACES

95

LAND DETAILS

LAND ACRES

1.53 AC

LAND SF

66,647 SF

ZONING

RB1

APN/PARCEL ID

06-42-47-14-14-001-0020

ASK ABOUT THIS PROPERTY

Thomas J. RobertsonRobertson Commercial Realty AdvisorsMore Info
561-703-0888

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Thomas J. RobertsonRobertson Commercial Realty AdvisorsMore Info
561-703-0888

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.