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Sibia Building 709 S Federal Hwy 9,200 SF 100% Leased Office Building Boynton Beach, FL 33435 $8,986,250 CAD ($976.77 CAD/SF) 4.50% Cap Rate

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INVESTMENT HIGHLIGHTS

  • Office/medical building enjoys excellent visibility and accessibility, being surrounded by a vibrant business community.
  • The versatile floor plan allows for flexible office and medical configurations to meet various business needs.
  • On-site pharmacy provides convenience and synergy for medical practitioners and healthcare professionals, streamlining patient care.
  • The property provides ample parking spaces, ensuring easy access for employees, clients, and patients.

EXECUTIVE SUMMARY

709 S Federal Hwy, Boynton Beach, FL. This two-floor, 9,200 square-foot office/medical building, located off S Federal Highway, offers a prime location with excellent visibility. The property features an on-site pharmacy, enhancing convenience for medical practitioners and patients. With a modern design and versatile floor plan, including private offices, examination rooms, and waiting areas, this building is ideal for various professional uses. Ample parking, a well-maintained exterior, and a vibrant business community complete the package.

PROPERTY FACTS

Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
9,200 SF
Building Class
B
Year Built
2012
Price
$8,986,250 CAD
Price Per SF
$976.77 CAD
Cap Rate
4.50%
NOI
$404,381 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
4,600 SF
Slab To Slab
11’
Building FAR
0.32
Lot Size
0.67 AC
Zoning
C3 - General commercial uses including office and medical space.
Parking
34 Spaces (3.7 Spaces per 1,000 SF Leased)

AMENITIES

  • 24 Hour Access
  • Bus Line
  • Signage
  • High Ceilings
  • Natural Light
  • Recessed Lighting
  • Wi-Fi
  • Hardwood Floors
  • Balcony

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
08-43-45-28-00-000-5020
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$4,319,263 CAD
  • Listing ID: 26547287

  • Date on Market: 2022-09-02

  • Last Updated:

  • Address: 709 S Federal Hwy, Boynton Beach, FL 33435

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