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Courtyard at Broken Sound 851 Broken Sound Pky NW 59,212 SF 74% Leased Office Building Boca Raton, FL 33487 $23,032,681 CAD ($388.99 CAD/SF)



INVESTMENT HIGHLIGHTS
- Boutique Office in Premier Boca Raton Location
- Operational Upside Through Lease Restructuring
- Value-Add Lease-Up Potential
- Modern Renovations & Amenities
EXECUTIVE SUMMARY
The Property offers modern, innovative office spaces featuring sleek, open common areas designed to foster collaboration and productivity in a calming, zen-inspired atmosphere. With cutting-edge amenities and a contemporary aesthetic, Courtyard provides an elevated workspace environment ideal for professionals seeking a high-quality, forward-thinking office setting.
Currently 74% leased, the Property offers immediate upside potential through lease-up and lease restructuring initiatives. The Property features a mix of small suites with below market rents and a short weighted average lease term, allowing for near-term rental rate increases that can drive value growth. Additionally, there is a significant opportunity to convert existing gross leases to NNN structures, enhancing net operating income by transferring expense obligations to tenants.
Tenant and visitor convenience is supported by ample parking and immediate access to I-95, positioning Courtyard at Broken Sound as a highly accessible and attractive office destination in Boca Raton’s competitive market. The Property presents a unique opportunity for investors looking for robust cash flow with significant upside and a highly sought after location within the Park at Broken Sound.
PROPERTY FACTS
AMENITIES
- 24 Hour Access
- Bus Line
- Commuter Rail
- Property Manager on Site
- Signage
- Air Conditioning
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
Founded in 2012, Direct Traffic Solutions is the fastest growing Veteran Owned and Veteran Operated fully integrated third-party logistics group in North America. Based in Boca Raton, Florida, they are dedicated to delivering their “3D Advantage” to all of their customers. When you partner with Direct Traffic Solutions, you get the advantage of leveraging one of most experienced freight teams in the industry. Their teams 100+ years of industry experience combined with their huge technology investments, provides the competitive advantage your company demands and deserves. They deliver Expertise, Savings, Speed, Capacity, Technology, Tracking & Support.
Grant Property Management of Boca Raton, Florida is a Full-Service Association Management firm specializing in Homeowner, Condo and Commercial Condo Property Management. Their seasoned property management team will advise and recommend the best alternatives/courses of action for an Association. This includes great attention to day-to-day details as well as strategic planning and implementation for the near future and the long term. As a result of the level of service and attention to detail they provide to clients, their firm has an excellent reputation in the industry as well as with the Boards and Members of the Associations they manage.
Choosing a hearing professional is one of the most important decisions a hearing impaired person can make. Since a hearing aid cannot be prescribed like eye glasses, proper hearing aid recommendation and fitting is highly dependent on the judgment and skill of the professional selecting the instrument. We test your hearing, select, and dispense the hearing instrument best suited to your needs in addition to providing support, counseling, and service of the hearing system. Our professional staff is among the best hearing healthcare providers in the U.S. Hear Again America is committed to protecting your hearing from further deterioration through education about what affects your hearing, as well as the proper use and care of hearing protection devices. We have 31 locations throughout Florida, Georgia and South Carolina!
IBS Insurance Group is an all lines insurance agency located in Boca Raton, serving the entire state of Florida with over 30 years of experience in all insurance related matters. They research the rates and coverage to find the best options that fits your needs. You no longer need to call around town or search the Internet to find the best rates – they do the shopping and comparing for you to save you time and money! For all your insurance needs.
For 30 Years, L.A. DESIGN has maintained ONE GOAL. They are committed to providing our clients and valued team members with a better human experience through their Thoughtful design creating positive change.
At Sensus Healthcare, we are devoted to making a difference in the lives of people who suffer from non-melanoma skin cancer and unsightly keloid scarring. By designing and manufacturing safe and reliable state-of-the-art Superficial Radiation Therapy technology right here in the United States, we are providing compassionate dermatologists and oncologists around the world with a non-surgical treatment option that empowers them to cure patients without compromising patient confidence, dignity or quality of life
- Siegel Group
- -
- -
- -
- -
- -
- Talent Multiservices
- Professional, Scientific, and Technical Services
- -
- $43.20 CAD
- Triple Net
- Jun 2023
Whether you need therapy for a little support adjusting to a recent event or are battling chronic depression, addiction or eating disorder – where you turn to for help can make all the difference in your recovery. At the Oasis, we see things differently – we are not treating your ‘condition’, we are treating you as a person. We accept you just where you are – right now – and we are confident that we can make a difference in your life.
Williamson Design Associates is an integrated, multidisciplinary design firm. The design thoughtful, sustainable, and beautiful places collaboratively with their diverse team of creative professionals. At WDA, they take pride in designing thoughtfully created, quality architectural spaces and interiors that enhance lives. Since 1994 their real business has been people. Their long-lasting client relationships mean much more to us than the design awards and recognition they often receive for our work. They understand each project is unique and aim to create a space that compliments the way their clients work. Defining the goals of your project through their programming process is one of the most important details to designing customized solutions that stand the test of time. The team is at your service, even after your project’s completion.
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
|
Transportation and Warehousing | - | - | Modified Gross | - | |
|
Real Estate | - | - | - | - | |
|
Health Care and Social Assistance | - | - | - | - | |
|
Finance and Insurance | - | - | - | - | |
|
Professional, Scientific, and Technical Services | - | - | - | - | |
|
Health Care and Social Assistance | - | - | - | - | |
| Siegel Group | - | - | - | - | - | |
| Talent Multiservices | Professional, Scientific, and Technical Services | - | $43.20 CAD | Triple Net | Jun 2023 | |
|
Health Care and Social Assistance | - | - | - | - | |
|
Professional, Scientific, and Technical Services | - | - | - | - |
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- CONDITION
- AVAILABLE
- 1st Fl-Ste 136
- 863 SF
- Office
- -
- Now
- 1st Fl-Ste 140
- 3,707 SF
- Office
- -
- Now
- 2nd Fl-Ste 250
- 5,597 SF
- Office
- -
- Now
- 2nd Fl-Ste 260
- 2,810 SF
- Office
- Partial Build-Out
- Now
| Space | Size | Space Use | Condition | Available |
| 1st Fl-Ste 136 | 863 SF | Office | - | Now |
| 1st Fl-Ste 140 | 3,707 SF | Office | - | Now |
| 1st Fl-Ste 155 | 2,255 SF | Office | Full Build-Out | 30 Days |
| 2nd Fl-Ste 250 | 5,597 SF | Office | - | Now |
| 2nd Fl-Ste 260 | 2,810 SF | Office | Partial Build-Out | Now |
1st Fl-Ste 136
| Size |
| 863 SF |
| Space Use |
| Office |
| Condition |
| - |
| Available |
| Now |
1st Fl-Ste 140
| Size |
| 3,707 SF |
| Space Use |
| Office |
| Condition |
| - |
| Available |
| Now |
1st Fl-Ste 155
| Size |
| 2,255 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| 30 Days |
2nd Fl-Ste 250
| Size |
| 5,597 SF |
| Space Use |
| Office |
| Condition |
| - |
| Available |
| Now |
2nd Fl-Ste 260
| Size |
| 2,810 SF |
| Space Use |
| Office |
| Condition |
| Partial Build-Out |
| Available |
| Now |
1st Fl-Ste 155
| Size | 2,255 SF |
| Space Use | Office |
| Condition | Full Build-Out |
| Available | 30 Days |
PROPERTY TAXES
| Parcel Number | 06-42-47-01-06-019-0000 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $15,621,530 CAD |
PROPERTY TAXES
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Courtyard at Broken Sound | 851 Broken Sound Pky NW
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