Boca Raton, FL 33428
Property Type
Retail
Building
Sandalfoot Plaza
Year Built
1990
Listing courtesy of Rejane Gomes de Paula of Fortune Christie's Intl R.E..
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.
1.35 Acres
Sandalfoot Plaza
Boca Raton
A11924031
Boca Raton
Retail
1990
Sandalfoot Plaza
Block
Retail
1990
CG General Commercia
Boca Raton
florida
Common
Total$34,073.48/Month
*The values provided are approximate. For more precise information, please contact a BHS agent who can offer further assistance.
23133 Sandalfoot Plaza Dr, Boca Raton, FL
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Boca Raton is a vibrant coastal city known for its beautiful beaches, parks, and diverse recreational and cultural amenities. Residents enjoy miles of shoreline, boating, fishing…
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