Office Units with Modernized
For Sale
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1900 NW Corporate Blvd, Boca Raton, FL 33431
Contemporary finishes and upgraded shared areas create a polished setting for professional office users.
Property Size97,608 SF
Days on Market47
Property Features for 1900 NW Corporate Blvd
General Information
Standard status
Active
Size
97,608 SF
Class
A
Elevators
Yes
Property subtype
Office
Lease Term
NNN
Building Details
Building Size
97,608 SF
Properties For Sale
at 1900 NW Corporate Blvd Contact us1900 Midtown - Suite 325E (Sublease)
Size
3,181 SF
Type
New Class A Office Space
Term
Negotiable
1900 Midtown - Suite 350E
Size
4,315 SF
Type
New Class A Office Space
Term
Negotiable
Listed By:
Skylar Butters
(954) 464-0402
Source:
Butters
Added: Sep 4
Changed: Oct 3
Last Checked: Oct 19 at 4:07AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Skylar Butters
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Investment Insights
Based on property information with market context.
1900 Midtown is an office property at 1900 NW Corporate Blvd in Boca Raton, with two immediately available spaces measuring ±3,181 RSF and ±4,315 RSF. The interiors feature contemporary finishes, while the shared areas have been renovated for a refreshed workplace setting.
Property improvements include modernized elevators and premium tenant amenities. The office offering is positioned as a Class A environment for professional firms seeking space in Boca Raton.
Property improvements include modernized elevators and premium tenant amenities. The office offering is positioned as a Class A environment for professional firms seeking space in Boca Raton.
Key Highlights
- Immediate availability of ±3,181 RSF and ±4,315 RSF
- Contemporary interior finishes
- Renovated common areas
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$2,587,100
Suggested Prices Based on Cap Rates
Cap Rate 5%
$51,742,000
$51.7M
Cap Rate 7%
$36,958,571
$37.0M
Cap Rate 9%
$28,745,556
$28.7M
Market Conditions
NOI Build-Up for 97,608 SF
Gross rent
$4.45M $45.60/SF
− Vacancy
−$1.00M −$10.26/SF
EGI
$3.45M $35.34/SF
− OpEx
−$862.4K −$8.84/SF
NOI
$2.59M $26.51/SF
Area
Palm Beach County, FL
Vacancy
22.50%
Lease Rate
$45.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$51,742,000
Cap Rate 7%
$36,958,571
Cap Rate 9%
$28,745,556
Alternative Uses
Best Use
Office B
$36.96M
$32.34M – $43.12M
NOI $2,587,100 @ 7.0% cap · market cap 8,638,063.44%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$68.74M
$60.15M – $80.20M
NOI $4,811,871 @ 7.0% cap · market cap 16,066,347.25%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
4,216
Businesses Nearby
Explore this area
Business Placement
Demographics for 33431, FL
22,047
Population
9,005
Households
2.4
Avg Household Size
33
Median Age
58%
College-Educated
94%
High-School Grad
8.3 sq mi
ZIP Area
2,656
Density / Sq Mi
$103,252
Median Household Income
$23,794
Median Earnings
$2,361
Median Rent
$575,700
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office unit - Contemporary finishes and upgraded shared areas create a polished setting for professional office users.
Where is this office unit located?
The property is located at 1900 NW Corporate Blvd Boca Raton, FL.
What are key features of this property?
This property features: Immediate availability of ±3,181 RSF and ±4,315 RSF; Contemporary interior finishes; Renovated common areas
