North Boca Raton Office
6400 Congress Avenue, Boca Raton, FL 33487
For Sale
Contact for pricing
Well-maintained office building in North Boca Raton with multiple spaces.
Property Size68,319 SF
Price / SF$0.00
Days on Market291
Property Features for 6400 Congress Avenue
General Information
Standard status
Size
Class
Property subtype
Lease Term
Building Details
Building Size
Year Built
Properties For Sale
at 6400 Congress Avenue Contact us6400 Building - Suite 1750
Size
2,452 SF
Type
Office Building
Term
Negotiable
6400 Building - Suite 2175
Size
2,253 SF
Type
Office Building
Term
Negotiable
Listing Agency:
Berger Commercial Realty Corp - Fort Lauderdale
Listed By:
Daniel Silver
(561) 510-2124
Source:
Corfac
Added: Jan 26
Changed: Aug 8
Last Checked: Apr 5 at 8:33PM
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 Berger Commercial Realty Corp - Fort Lauderdale
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Investment Insights
Based on property information with market context.
This well-maintained office building is located in North Boca Raton on Congress Avenue, south of Clint Moore Road and north of Yamato Road, between Congress and I-95. Multiple spaces are available, ranging in size from 2,199 to 2,452 rentable square feet. The building offers a variety of suite sizes to accommodate different business needs, with move-in ready suites available for quick occupancy. The location provides convenient access to major roadways and highways. Ample parking is available for tenants and visitors. Professional property management is in place to address tenant needs. The building features flexible floor plans to suit diverse business requirements. The property has a total size of 68,319 square feet.
Key Highlights
- Convenient location with easy access to major roadways and highways (Congress Ave, I‑95)
- Move‑in ready suites for quick occupancy
- Variety of suite sizes available (2,199 - 2,452 rsf)
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$2,179,410
Suggested Prices Based on Cap Rates
Cap Rate 5%
$43,588,200
$43.6M
Cap Rate 7%
$31,134,429
$31.1M
Cap Rate 9%
$24,215,667
$24.2M
Market Conditions
NOI Build-Up for 68,319 SF
Gross rent
$3.42M $50.04/SF
− Vacancy
−$512.8K −$7.51/SF
EGI
$2.91M $42.53/SF
− OpEx
−$726.5K −$10.63/SF
NOI
$2.18M $31.90/SF
Area
Palm Beach County, FL
Vacancy
15.00%
Lease Rate
$50.04 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$43,588,200
Cap Rate 7%
$31,134,429
Cap Rate 9%
$24,215,667
Alternative Uses
Best Use
Office B
$31.13M
$27.24M – $36.32M
NOI $2,179,410 @ 7.0% cap
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$48.11M
$42.10M – $56.13M
NOI $3,367,985 @ 7.0% cap
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
2,144
Businesses Nearby
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Business Placement
Demographics for 33487, FL
20,644
Population
13,644
Households
1.5
Avg Household Size
53
Median Age
60%
College-Educated
97%
High-School Grad
6.7 sq mi
ZIP Area
3,081
Density / Sq Mi
$93,816
Median Household Income
$48,927
Median Earnings
$2,382
Median Rent
$573,100
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Office buildings in Palm Beach County, FL
Properties on Market for Office buildings in Palm Beach County
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office building - Well-maintained office building in North Boca Raton with multiple spaces.
Where is this office building located?
The property is located at 6400 Congress Avenue Boca Raton, FL.
What are key features of this property?
This property features: Convenient location with easy access to major roadways and highways (Congress Ave, I‑95); Move‑in ready suites for quick occupancy; Variety of suite sizes available (2,199 - 2,452 rsf)
