
$12,900,000 USD
Office for Sale, 1095 NW Broken Sound Pkwy NW, Boca Raton, Florida 33487
- MLS#A11825626
Listed By RE/MAX 5 Star Realty
The Office for Sale located at 1095 NW Broken Sound Pkwy NW, Boca Raton, Florida 33487 is currently for sale. 1095 NW Broken Sound Pkwy NW, Boca Raton, Florida 33487 is listed for $12,900,000.
Property features
Lot/Land
- Land/Lot size:
2,670 m² (28,736 ft²)
Construction
- Year built: 2008
Description
The property consists of a 60,050 SF Class A, three-story office building with 58,786 SF of leasable space and a two-level parking garage. An owner-user has the opportunity to immediately occupy a fully built-out 15,273 SF office suite, while seven long-term tenants provide strong in-place income to offset ownership costs. The property offers a 5.2% in-place cap rate with the potential to achieve an approximately 9.5% pro forma cap rate once 100% occupied. Over $1.7mil in recent renovations and high-end corporate build-out, this property presents a rare combination of turnkey owner-user occupancy and investment upside with no deferred maintenance.
Location
1095 NW Broken Sound Pkwy NW, Boca Raton, Florida 33487