Boca Raton Office
For Sale
Contact for pricing
7795 NW Beacon Square Boulevard, Boca Raton, FL 33487
Office building with 7,567 SF available for sale.
Property Size7,567 SF
Price / SF$330.38
Days on Market1198
Property Features for 7795 NW Beacon Square Boulevard
General Information
Standard status
Active
Size
7,567 SF
Property subtype
Office
Building Details
Year Built
2008
Units
13
Listing Agency:
Elite Realty of South Florida
Listed By:
Glenn Lewis
Source:
Crexi
Added: Jul 7, 2023
Changed: Oct 15
Last Checked: Oct 14 at 11:09PM
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 Elite Realty of South Florida
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Investment Insights
Based on property information with market context.
This commercial real estate offering features an office building with a total area of 7,567 square feet. The property is located in Boca Raton, Florida.
Key Highlights
- Office Space Available
- Size: 7,567 SF
- Year Built: 2008
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$200,563
Cap Rate
8.02%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,011,260
$4.0M
Cap Rate 7%
$2,865,186
$2.9M
Cap Rate 9%
$2,228,478
$2.2M
Market Conditions
NOI Build-Up for 7,567 SF
Gross rent
$345.1K $45.60/SF
− Vacancy
−$77.6K −$10.26/SF
EGI
$267.4K $35.34/SF
− OpEx
−$66.9K −$8.84/SF
NOI
$200.6K $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 Rate 5%
$4,011,260
Cap Rate 7%
$2,865,186
Cap Rate 9%
$2,228,478
Alternative Uses
Best Use
Office B
$2.87M
$2.51M – $3.34M
NOI $200,563 @ 7.0% cap · market cap 8.02%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$5.33M
$4.66M – $6.22M
NOI $373,037 @ 7.0% cap · market cap 14.92%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
735
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office building - Office building with 7,567 SF available for sale.
Where is this office building located?
The property is located at 7795 NW Beacon Square Boulevard Boca Raton, FL.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: Office Space Available; Size: **7,567 SF**; Year Built: 2008
