23133 Sandalfoot Plaza Dr, Boca Raton FL 33428

For sale Days on market 113

Sandalfoot Plaza [ Retail ]

$6,500,000

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Overview

Year Built

1990

1.35 acres

Property Type

Retail

Property Description

23133 Sandalfoot Plaza Drive is a fully stabilized retail asset in Boca Raton’s established Sandalfoot corridor, offering immediate cash flow and long-term income security. The property features prime frontage along US 441 / State Road 7 with over 50,000 vehicles per day and is surrounded by dense residential neighborhoods that drive consistent consumer demand. The center is 100% occupied with a diversified mix of service-oriented tenants, including Jiffy Lube, Express Car Wash, restaurants, and a tint/audio operator, providing essential, repeat-use services that enhance stability and minimize vacancy risk. A strong anchor tenant reinforces the asset’s resilience through market cycles and is currently paying above-market rent, while all leases include annual rent increases, ensuring steady income growth. Additionally, a revenue-generating billboard adds a secondary income stream, further enhancing returns. With solid tenant fundamentals and a prime infill location, this asset presents a low-risk, income-focused investment with upside potential.

Property Details

MLS#

A11924031

Building

Sandalfoot Plaza

Address

23133 Sandalfoot Plaza Dr

City

Boca Raton

State/county

Zip/Postal Code

33428

Area

Country

United States

HOA

Assoc Fee

$--

Assoc Fee Pd

Tax Amount

$--

Maint Fee

$--

Tax Year

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