Freestanding Three-Story Office
For Sale
Contact for pricing
6830 N Federal Hwy, Boca Raton, FL 33487
Full-building occupancy provides an owner-user office configuration along Federal Highway.
Property Size15,702 SF
Lot Size0.68 Acres
Price / SF$493.57
Days on Market146
Property Features for 6830 N Federal Hwy
General Information
Standard status
Active
Size
15,702 SF
Lot size
0.68 Acres
Property subtype
Office
Investment Type
Owner/User
Additional Details
Road Access
Yes
Building Details
Buildings
1
Stories
3
Building Size
15,702 SF
Listing Agency:
CBRE - Palm Beach County
Listed By:
Tyler Kuhlman · License #SL3386073
Source:
Crexi
Added: Apr 8
Changed: Aug 30
Last Checked: Aug 30 at 1:24PM
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 CBRE - Palm Beach County
Investment Insights
Based on property information with market context.
This freestanding office property contains ±15,702 square feet arranged over three stories on a 0.68-acre parcel. The building is positioned for an owner-user seeking control of the entire office environment rather than a partial suite. Its standalone format also provides dedicated building identity and signage exposure along Federal Highway.
Located at 6830 N Federal Hwy in East Boca Raton, the property benefits from exposure to more than 34,000 vehicles per day. Retail, dining, and residential surroundings are identified as part of the immediate East Boca context, adding a range of nearby daily-use amenities for occupants and visitors.
Located at 6830 N Federal Hwy in East Boca Raton, the property benefits from exposure to more than 34,000 vehicles per day. Retail, dining, and residential surroundings are identified as part of the immediate East Boca context, adding a range of nearby daily-use amenities for occupants and visitors.
Key Highlights
- ±15,702 square feet across three stories
- 0.68‑acre office property
- Freestanding building suited to 100% owner‑user occupancy
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$416,182
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.37%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$8,323,640
$8.3M
Cap Rate 7%
$5,945,457
$5.9M
Cap Rate 9%
$4,624,244
$4.6M
Market Conditions
NOI Build-Up for 15,702 SF
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.
Gross rent
$716.0K $45.60/SF
− Vacancy
−$161.1K −$10.26/SF
EGI
$554.9K $35.34/SF
− OpEx
−$138.7K −$8.84/SF
NOI
$416.2K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$8,323,640
Cap Rate 7%
$5,945,457
Cap Rate 9%
$4,624,244
Alternative Uses
Best Use
Office B
$5.95M
$5.20M – $6.94M
NOI $416,182 @ 7.0% cap · market cap 5.37%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$11.06M
$9.68M – $12.90M
NOI $774,076 @ 7.0% cap · market cap 9.99%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
931
Businesses Nearby
Explore this area
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
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Full-building occupancy provides an owner-user office configuration along Federal Highway.
Where is this office building located?
The property is located at 6830 N Federal Hwy Boca Raton, FL.
What is the asking price?
The asking price for this property is $7,750,000.
What are key features of this property?
This property features: ±15,702 square feet across three stories; 0.68‑acre office property; Freestanding building suited to 100% owner‑user occupancy
