23133 Sandalfoot Plaza Drive, Boca Raton, FL

$6,500,000

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1.35

Acres

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

OfficeFortune Christie's Intl R.E.

Listing Map

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