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    7401-7491 Federal Hwy Boca Raton, FL 33487

    For Lease
    $36 SF/Yr

    High-income Boca Raton retail space.

    Lot size:
    121,270 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    Boca Valley Plaza offers 121,270 square feet of retail space in a thriving Boca Raton, Florida location within Palm Beach County. This multi-tenant strip center boasts a strong anchor tenant, Publix, and a diverse mix of national and regional businesses. Currently, there are two available spaces, one measuring approximately 1,418 square feet and the other approximately 3,400 square feet, presenting excellent opportunities for expansion or new ventures. The center is situated in a densely populated area with high household incomes and a growing population, ensuring a robust customer base. The property's strategic location within a successful shopping center guarantees high visibility and foot traffic. With a total of 6,920 square feet currently vacant, this presents a unique chance to establish a presence in a well-established and highly sought-after retail destination. The existing tenant mix provides a synergistic environment, attracting a wide range of shoppers. This is an exceptional opportunity to capitalize on the strong demographics and established success of Boca Valley Plaza. The available spaces offer flexibility for various retail concepts, making it an ideal investment for businesses seeking a prime location in a flourishing market.

    Property Features for 7401-7491 Federal Hwy

    General Information

    Property type
    Neighborhood centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    121,270 SF
    Total Rate
    363810

    Unit(s) available at that property

    Space
    Suite B3-4 - Former MyGym
    Size
    3,400 SF
    Rate per SF
    $36
    Space
    Suite C7 - 1,418 SF
    Size
    1,418 SF

    HighLights

    • Retail strip center totaling 121,270 square feet.
    • Multiple tenancy with 6,920 square feet currently vacant.
    • Two available spaces ranging from 1,418 to 3,400 square feet.
    • Located in Palm Beach County, Boca Raton, Florida.
    • Anchored by Publix and featuring national and regional tenants.
    Property Profile Location Intelligence

    Current Use by Public Records

    Neighborhood centers

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply 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
    -80.0761917
    Latitude
    26.4160881

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    FAQs

    What type of property is this?
    Neighborhood center - High-income Boca Raton retail space.
    Where is this neighborhood center located?
    The property is located at 7401-7491 Federal Hwy Boca Raton, FL.
    What is the lease rate?
    The lease rate is $0.00-$36 SF/Yr.
    What are key features of this property?
    This property features: Retail strip center totaling 121,270 square feet.; Multiple tenancy with 6,920 square feet currently vacant.; Two available spaces ranging from 1,418 to 3,400 square feet.
    Request Owner's contact information
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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
    7401-7491 Federal Hwy Boca Raton, FL 33487
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