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    1 Federal Hwy Boca Raton, FL 33432

    Sponsored
    For Lease
    $33 SF/Yr

    Prime Boca Raton location, 14,074 SF available.

    Lot size:
    46,541 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    One City Centre, located at 1 N Federal Hwy in Boca Raton, Florida (33432), presents a remarkable opportunity for businesses seeking premium office space. This Class A building, constructed in 2001, boasts a total of 46,541 square feet across five stories. The property sits on a 0.99-acre lot at the highly visible northwest corner of Palmetto Park Road and Federal Highway, offering exceptional visibility and accessibility. Currently, there are 14,074 square feet of vacant space available, divisible into units as small as 7,037 square feet, with a maximum contiguous space of 7,037 square feet. The building features a total of two suites, making it ideal for a single tenant or multiple smaller businesses. This traditional office space is also suitable for executive office needs. The property's location in Palm Beach County provides easy access to major transportation routes and a vibrant business community. This is a rare opportunity to secure high-quality office space in a prime Boca Raton location.

    Property Features for 1 Federal Hwy

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    46,541 SF
    Class
    A
    Total Rate
    129926.96

    Building Details

    Year Built
    2001
    Stories
    5

    Unit(s) available at that property

    Space
    Fourth Floor
    Size
    7,037 SF
    Rate per SF
    $33
    Space
    Fifth Floor
    Size
    7,037 SF
    Rate per SF
    $33

    HighLights

    • Class A office building.
    • Sublease available until November 30, 2025.
    • Reduced rent: $32.50/SF NNN base rent plus $18.50/SF CAM charges.
    • Fully furnished sublease option available.
    • Less than two miles from I‑95.
    • On‑site parking garage with direct access from each floor.
    Property Profile Location Intelligence

    Current Use by Public Records

    1847Financial - Boca Raton Financial Planner Nancy Rowden Real Estate Agency Black and Decker 12 ... Association Or Organization Alliance Residential Co Association Or Organization Clear Spring Property ... Insurance Agency

    Suggested Use

    Restaurant Realty agency Building Supply Law Firm Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Boca Raton
    County
    Palm Beach
    State
    Florida
    Longitude
    -80.0869282
    Latitude
    26.3508544

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    FAQs

    What type of property is this?
    Office Property / Space - Prime Boca Raton location, 14,074 SF available.
    Where is this office property / space located?
    The property is located at 1 Federal Hwy Boca Raton, FL.
    What is the lease rate?
    The lease rate is $33 SF/Yr.
    What are key features of this property?
    This property features: Class A office building.; Sublease available until November 30, 2025.; Reduced rent: $32.50/SF NNN base rent plus $18.50/SF CAM charges.
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    1 Federal Hwy Boca Raton, FL 33432
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1 Federal Hwy Boca Raton, FL 33432
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