About 23133 Sandalfoot Plaza Drive
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.
Features of 23133 Sandalfoot Plaza Drive
| MLS® # | A11924031 |
|---|---|
| Price | $6,500,000 |
| Acres | 1.35 |
| Year Built | 1990 |
| Type | Commercial |
| Sub-Type | Retail |
| Status | Active Under Contract |
Community Information
| Address | 23133 Sandalfoot Plaza Drive |
|---|---|
| Area | 4780 |
| City | Boca Raton |
| County | Palm Beach |
| State | FL |
| Zip Code | 33428 |
| HOPA | No Hopa |
Amenities
| Parking | Common |
|---|
Exterior
| Construction | Block |
|---|
Additional Information
| Zoning | CG General Commercia |
|---|---|
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Fortune Christie's Intl R.E. |
|---|
