East Boca Commercial
4800 N Federal Highway Boca Raton, FL 33431
For Sale
Contact for pricing
Pending
987 SF commercial space in prime East Boca location.
Property Size987 SF
Days on Market134
Property Features for 4800 N Federal Highway
General Information
Standard status
Pending
Size
987 SF
Property subtype
Office
Building Details
Year Built
1985
Listing Agency:
LPT Realty
(561) 540-4599
Listed By:
Mike Luciano · License #SL3371345
Source:
Crexi
Added: Mar 16
Changed: Jul 10
Last Checked: Jul 23 at 11:45AM
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 LPT Realty
Investment Insights
Based on property information with market context.
Located in the Sanctuary Centre Professional building, this 987 square foot first-floor unit is suitable for office, medical use, or food services. Situated in a prime East Boca location at the intersection of Yamato Road and N. Federal Highway, the unit has both interior and exterior access. Formerly an operating restaurant, the space includes a kitchen (without a vent hood) and a dining area, and is equipped with two AC units. The kitchen contains refrigerators, freezers, triple sinks, ovens, and cabinets. The space could be used as a limited service restaurant or converted into a business office. Public restrooms are located a short walk down the hall. There is also a large plaza area outside.
Key Highlights
- Prime East Boca location at Yamato Road and N. Federal Highway intersection.
- 987 square foot 1st floor unit with interior and exterior access.
- Formerly a restaurant, partially equipped kitchen includes refrigerators, freezers, triple sinks, ovens, and cabinets.
Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $45.0k | $45.60 |
| − Vacancy | −$10.1k | −$10.26 |
| EGI | $34.9k | $35.34 |
| − OpEx | −$8.7k | −$8.84 |
| NOI | $26.2k | $26.51 |
987 SF · lease $45.60/SF/yr · vacancy 22.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$373.7K
$327.0K – $436.0K
NOI $26,160 @ 7.0% cap · market cap 7.50%
Second Best
Specialty Retail
$271.4K
$237.5K – $316.7K
NOI $19,001 @ 7.0% cap · market cap 5.44%
Theoretical Best
Office A
$695.1K
$608.2K – $811.0K
NOI $48,657 @ 7.0% cap · market cap 13.94%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Office units - 987 SF commercial space in prime East Boca location.
Where is this office units located?
The property is located at 4800 N Federal Highway Boca Raton, FL.
What is the asking price?
The asking price for this property is $349,000.
What are key features of this property?
This property features: Prime East Boca location at Yamato Road and N. Federal Highway intersection.; 987 square foot 1st floor unit with interior and exterior access.; Formerly a restaurant, partially equipped kitchen includes refrigerators, freezers, triple sinks, ovens, and cabinets.
