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7251 W Palmetto Park Rd
Boca Raton, FL 33433
7251 Building · Office Property For Sale
INVESTMENT HIGHLIGHTS
- Rent i s $20-$23/SF plus $16.37/SF Operating Expenses including utilities and janitorial.
- Abundant Parking (Covered Parking Available)
- Ideally Located Near I -95 and the Florida Turnpike.
EXECUTIVE SUMMARY
Atlantic Commercial Group is pleased to present this Offering Memorandum for the exclusive sale of the Property located at 7251 W. Palmetto Park Road in Boca Raton, Florida. The Property consists of a ±25,942 SF three-story office building situated on a ±1.51-acre site in Central Boca Raton. This Class “B+” building features two (2) ground floor suites and 2 floors above with professional, office and medical tenants. Over the last six months, the Property has been fully renovated with new bathrooms on all floors, upgraded common areas including flooring, painting and carpeting. Fronting directly on Palmetto Park Road, a major east-west artery serving Boca Raton and surrounding areas, this Property has exceptional visibility and is located only a few minutes to I-95 and the Florida Turnpike.
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
26,800 SF
Building Class
B
Year Built/Renovated
1986/1998
Price
$8,536,718 CAD
Price Per SF
$318.53 CAD
Percent Leased
90%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
11,500 SF
Building FAR
0.41
Lot Size
1.50 AC
Zoning
CG, County - General Commerical
Parking
92 Spaces (5 Spaces per 1,000 SF Leased)
AMENITIES
- 24 Hour Access
- Courtyard
- Signage
- Air Conditioning
PROPERTY TAXES
| Parcel Number | 00-42-47-21-14-000-0023 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $5,920,154 CAD |
PROPERTY TAXES
Parcel Number
00-42-47-21-14-000-0023
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$5,920,154 CAD
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