The Avalon 2201 NW Corporate Blvd 27,422 SF 95% Leased Office Building Boca Raton, FL 33431 $10,990,875 CAD ($400.81 CAD/SF) 5.87% Cap Rate

2201 NW Corporate Boulevard presents an exceptional investment opportunity within Boca Raton's prestigious Glades Corporate Park. This 27,422-square-foot, two-story Class B+ office building sits on 1.53 acres and showcases an elegant interior atrium with marble floors, dramatic circular staircase, and elevator service. Built in 1982 and recently renovated with upgraded common area finishes, the property offers unparalleled connectivity with 2-minute access to I-95 and proximity to Town Center Mall, Boca Raton Executive Airport, and the Florida Turnpike.
Currently 95% occupied with a diversified professional tenant mix including attorneys, medical offices, and business services, the property generates strong cash flow in South Florida's premier business corridor. The building provides 95 parking spaces at a 3.5:1,000 ratio, including 13 covered spaces, plus monument and building signage opportunities with 24-hour access for tenant convenience.
Strategic positioning within Palm Beach County's corporate headquarters hub, surrounded by Fortune 500 companies like Office Depot and ADT, creates sustained demand from the region's affluent, educated workforce. With approximately 40% of rentable space rolling over in the next year, new ownership has compelling upside potential to drive significant NOI growth through strategic re-leasing and value-add improvements.
At $7,950,000 ($289 PSF), this defensive asset offers a 5.87% in-place cap rate within a proven growth market. The property represents an attractive alternative to new construction at $500+ per square foot, positioned to benefit from Florida's continued corporate migration trends and Boca Raton's sustained office market outperformance throughout Palm Beach County.
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Owner User available within the next 12 Months.