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Highlights

  • Prominent frontage and visibility along North Federal Highway (US-1).
  • Surrounded by established financial, professional, and retail users.
  • Positioned within Boca Raton's established commercial and business district.

Space Availability (1)

Display Rental Rate as

  • Space
  • Size
  • Term
  • Rental Rate
  • Rent Type
  • 1st Floor, Ste 990
  • 7,000-10,204 SF
  • 1-5 Years
  • $118.14 CAD/SF/YR $9.85 CAD/SF/MO $1,205,516 CAD/YR $100,460 CAD/MO
  • Triple Net (NNN)
Space Use
Retail
Build-Out
Full Build-Out
Availability
Now

Term is negotiable.

  • Lease rate does not include utilities, property expenses or building services
  • Fully Built-Out as Standard Retail Space
  • Space is an outparcel at this property
  • Space is in Excellent Condition
Space Size Term Rental Rate Rent Type
1st Floor, Ste 990 7,000-10,204 SF 1-5 Years $118.14 CAD/SF/YR $9.85 CAD/SF/MO $1,205,516 CAD/YR $100,460 CAD/MO Triple Net (NNN)

1st Floor, Ste 990

Size
7,000-10,204 SF
Term
1-5 Years
Rental Rate
$118.14 CAD/SF/YR $9.85 CAD/SF/MO $1,205,516 CAD/YR $100,460 CAD/MO
Rent Type
Triple Net (NNN)
Space Use
Retail
Build-Out
Full Build-Out
Availability
Now

Term is negotiable.

  • Lease rate does not include utilities, property expenses or building services
  • Fully Built-Out as Standard Retail Space
  • Space is an outparcel at this property
  • Space is in Excellent Condition

Rent Types


The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.

1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.

2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.

3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.

4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.

5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.

6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.

7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.

Tenants at 990-1000 N Federal Hwy, Boca Raton, FL 33432

  • Tenant
  • Description
  • Size
  • Move Date
  • US Locations
  • Reach
  • Valley National Bank
  • Bank
  • -
  • 02-2025
  • 323
  • National
US Locations
Reach
323
National

Valley National Bank began in 1927 as the Passaic Park Trust Company and later adopted the Valley National Bank name after a series of early mergers in New Jersey. The bank has grown into a commercial institution with personal, business, commercial, and wealth offerings that include checking, savings, credit cards, mortgages, loans, treasury services, private banking, and insurance. Valley also serves businesses with lending, deposits, cash management, payments, merchant services, payroll tools, and foreign exchange solutions. The company maintains a broad regional banking presence across several U.S. states and continues to focus on relationship-based banking for consumers, businesses, and institutions.

  • Same Day Appliance Services
  • Services
  • -
  • 05-2026
  • 1
  • -
Tenant Description Size Move Date US Locations Reach
Valley National Bank Bank - 02-2025 323 National
Same Day Appliance Services Services - 05-2026 1 -

Property Facts

Total Space Available 10,204 SF
Min. Divisible 7,000 SF
Property Type Retail
Property Subtype Storefront Retail/Office
Gross Leasable Area 10,204 SF
Year Built/Renovated 1971/1995
Parking Ratio 1.88/1,000 SF

About the Property

Located along North Federal Highway (US-1) in East Boca Raton, 990-1000 N Federal Hwy benefits from a highly visible position within one of the city's established commercial corridors. The property is situated just north of Downtown Boca Raton and Mizner Park, providing convenient access to a diverse mix of upscale retail, dining, financial institutions, professional offices, and residential communities. The location offers excellent regional connectivity via Interstate 95, Glades Road, and Palmetto Park Road, allowing efficient travel throughout South Florida, including Fort Lauderdale and West Palm Beach. Nearby amenities include Boca Raton Regional Hospital, Florida Atlantic University, Brightline's Boca Raton station, and the city's business and financial districts. The surrounding area supports strong daytime activity and provides convenient access for employees, customers, and visitors.

  • Bus Line
  • Corner Lot
  • Pylon Sign
  • Signage
  • Drive Thru
Moderately walkable
60/100
Exceptionally drivable
100/100
Some public transit
40/100
Fairly bikeable
50/100

Demographics

Demographics

1 Mile 1 Mi. 3 Miles 3 Mi. 5 Miles 5 Mi.
1 mile
3 mile
5 mile
15 min drive
2025 Population
16,469
82,181
213,197
457,142
2030 Population
17,921
88,865
229,408
489,842
2025-2030 Projected Population Growth
8.8%
8.1%
7.6%
7.2%
Median Age
44.7
46.8
49.5
47.5
College Degree + Higher
51%
50%
47%
26%
Daytime Employees
23,026
88,996
178,475
312,150
Total Businesses
3,271
12,170
21,598
41,913
Average Household Income
$140,530
$140,759
$124,454
$114,504
Median Household Income
$107,534
$107,291
$91,347
$83,331
Total Consumer Spending
$261.9M
$1.3B
$3.2B
$6.4B
2025 Households
7,629
35,251
96,463
201,508
Average Home Value
$830,175
$796,051
$675,525
$613,594
$ values in USD

About Boca Raton East

Boca Raton East is home to Florida Atlantic University, that has a student body of close to twenty thousand. The area's median income is more than $100,000, well above the Palm Beach median. Boca Raton East registered a population increase of close to 10% over the past decade.

Boca Raton East’s robust population gains, high incomes, connectivity, and a sizeable office market are some of the reasons retail tenants are attracted to this area. General retail and neighborhood centers are popular here, and several large grocery store chains have a presence in this locale, including three Publix and one Whole Foods stores. Some of the largest retailers in the area are Lord & Taylor, Ashley HomeStore and Clive Daniel Home.

Rents are very close to the Palm Beach County average.

Nearby Major Retailers

Seacoast Bank
SouthState Bank
Crossfit Hardcore Station
Mayweather Boxing + Fitness
Publix
Chase Bank
BankUnited
Truist
Ocean Bank
Bank of America

Leasing Agent

Leasing Agent

Daron Tersakyan, Director of Leasing
Daron R. Tersakyan is Director of Leasing at Investments Limited, a Boca Raton, Florida-based real estate investment, ownership, development, management, and leasing firm. He has been with the company since 2001, overseeing commercial leasing activities across a diverse portfolio of retail, office, industrial, multifamily, land, and mixed-use properties. His work focuses on tenant representation, landlord leasing strategy, occupancy optimization, and transaction execution throughout South Florida and other targeted markets. Over more than two decades in commercial real estate, Tersakyan has been involved in leasing assignments, investment sales, and marketing initiatives across a broad range of asset types. He is an active participant in the South Florida commercial real estate market and has represented both property owners and tenants in lease negotiations and portfolio leasing efforts.
  • Listing ID: 41805505

  • Date on Market: 2026-08-19

  • Last Updated:

  • Address: 990-1000 N Federal Hwy, Boca Raton, FL 33432

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