23133 Sandalfoot Plaza Drive, Boca Raton, FL 33428

Listing Snapshot

Price

$6,500,000

Days on Site

184 Days

Bedrooms

0

Total Baths

0

Lot Size

1.35 Acres

Year Built

1990

Property Type

Commercial

MLS #

A11924031

County

Palm Beach

Status

Active

About This Property

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.

General Features

Property Type

Commercial

Status

Active

Year Built

1990

Parking

Common

Lot Size (Acres)

1.35

Structure Type

Retail

Zoning

CG General Commercia

Exterior Features

Construction

Block

Lot Features

One To Two Acres / Residential Lot

Community & HOA

Community Features

Shopping

MLS Area

4240