23133 Sandalfoot Plaza Drive, Boca Raton, FL 33428
Listing Snapshot
| List Price | $6,500,000 |
| Beds | 0 |
| Baths | 0 |
| Living Area | 0 sqft |
| Lot Size | 1.35 acres |
| Year Built | 1990 |
| MLS # | 1147338054 |
| Status | Active |
| Days on Market | 184 |
About This Home
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
- CommercialSale
- Sub-type
- Retail
- Parking Spaces
- 26
- Parking
- Common
- Zoning
- CG General Commercia
Interior Features
Exterior Features
- Construction
- Block
- Lot Features
- OneToTwoAcres,ResidentialLot
Community Features
- Community Features
- Shopping
- MLS Area
- 4240
Map
Virtual Tour
View Virtual TourMLS# 1147338054 · BEACH
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Estimate Your Payment
20% down · Loan: $5,200,000
Estimate only. Does not include insurance or PMI. Rate is illustrative — contact us for current rates.