23133 Sandalfoot Plaza Dr, Boca Raton FL 33428 — #A11924031
- $6,500,000
- $6,500,000
Description
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.
This listing is courtesy of Fortune Christie's Intl R.E.
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Overview
- Shop
- sqft
- 1990
- A11924031
Details
Updated on June 5, 2026 at 7:43 pm-
Property ID A11924031
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Price $6,500,000
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Year Built 1990
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Type Shop
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Property Status For Sale
Address
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Address: 23133 Sandalfoot Plaza Dr
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City: Boca Raton
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State/county: Florida
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Zip/Postal Code: 33428
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Country: United States
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