23133 Sandalfoot Plaza Dr - Freestanding FOR SALE


Boca Raton, FL 33428- West Boca Raton
$6,500,000 USD
305-799-0026
23133 Sandalfoot Plaza Dr, Boca Raton, FL for Sale
$6,500,000 USD
Freestanding - FOR SALE
1/7
null | Request Cap Rate

23133 Sandalfoot Plaza Dr
Boca Raton, FL 33428
West Boca Raton


HIGHLIGHTS

  • Above-Market Rent Anchor + Annual Increases
  • High daily traffic counts along US 441 / State Road 7
  • Dense Residential Trade Area

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$6,500,000 USD

PRICE/SF

$824 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1990

SPRINKLERS

-

PARKING SPACES

27

LAND DETAILS

LAND ACRES

1.35 AC

LAND SF

58,806 SF

ZONING

CG

APN/PARCEL ID

00-42-47-30-34-000-0050

ASK ABOUT THIS PROPERTY

Rejane De PaulaFortune International GroupMore Info
305-799-0026

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Rejane De PaulaFortune International GroupMore Info
305-799-0026

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