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    2200 Federal Hwy Boca Raton, FL 33431

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    For Lease
    Contact for pricing

    Prime Boca Raton retail & office space. Multiple units available.

    Lot size:
    175,000 SF

    Property Features for 2200 Federal Hwy

    General Information

    Property type
    Retail properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    175,000 SF
    Total Rate
    350000

    Building Details

    Year Built
    1964
    Buildings
    5

    Spaces For Lease

    at 2200 Federal Hwy, Boca Raton, FL 33431 Contact us
    Unit 2200 N Federal Highway, Suite 215

    $24 /Mo

    Size
    215 SF
    Contact us
    Unit 2200 N Federal Highway, Suite 202

    $24 /Mo

    Size
    1,318 SF
    Contact us
    Unit 2200 N Federal Highway Suite 228

    $24 /Mo

    Size
    832 SF
    Contact us

    We can help!

    Listing Contact
    Daron R. Tersakyan
    Daron R. Tersakyan

    Listing Agency: Investments Limited - Corporate Listing Agent: Daron R. Tersakyan

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    Fifth Avenue Shops, located at 2200 N Federal Hwy, Boca Raton, FL 33431, presents a unique investment opportunity in a thriving commercial hub. This established property, built in 1964, comprises five buildings totaling 175,000 square feet on a 65.73-acre lot. The property offers a mix of retail and office space, categorized as Traditional Office and Executive Office, with multiple tenancies available. Currently, three retail spaces are available, ranging from 215 square feet to 1,318 square feet. The property benefits from its strategic location in Boca Raton's bustling downtown area, near the eastern Intracoastal communities and easily accessible via NE 20th Street/Federal Highway. The center is anchored by well-known national brands including Publix, Pet Supermarket, and McDonald's, attracting significant foot traffic. On-site management and ample parking further enhance the property's appeal. This prime location offers exceptional visibility and access to a diverse customer base, making it an ideal investment for businesses seeking a high-traffic retail or office space in a vibrant and established commercial center. The property's size and established tenant base provide a strong foundation for future growth and profitability.
    Property Profile Location Intelligence

    Current Use by Public Records

    Mover Moving Company buySanitaire.com Corporate Office M H Leeman ... Employment Agency The Voice of Angels Spiritual Center XP Telecom : Avaya, ... Telecommunications Service

    Suggested Use

    Real Estate Agency Restaurant Law Firm Dental Office Spa & Massage Center Hair Salon Nail Salon Building Supply Pharmacy Gym & Fitness Center

    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
    -80.0775009
    Latitude
    26.3673083

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    FAQs

    What type of property is this?
    Retail property - Prime Boca Raton retail & office space. Multiple units available.
    Where is this retail property located?
    The property is located at 2200 Federal Hwy Boca Raton, FL.
    What is the lease rate?
    The lease rate is $24 SF/Yr.
    What are key features of this property?
    This property features: High-visibility location on N. Federal Highway with excellent signage opportunities.; Convenient access to Boca Raton Airport, I-95, and Florida Atlantic University.; Excellent location in a high-traffic area of East Boca Raton, south of Delray Beach.
    (561) 445-7735 Call to check price and availability
    Request Owner's contact information
    2200 Federal Hwy Boca Raton, FL 33431
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    Boca Raton, FL 33431
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    2200 Federal Hwy Boca Raton, FL 33431
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    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Daron R. Tersakyan
    Daron R. Tersakyan
    Real Estate License ID: BK3226577
    (561) 445-7735 (561) 392-8920
    Learn more
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