2900 Military Trl 160 Boca Raton, FL 33431-6365

This exceptional investment opportunity presents two medical office condos totaling 3,503 square feet, located at 2900 N Military Trl, Suite 246 & 247, Boca Raton, FL 33431. The property, built in 1985 and situated in a prime location on Military Trail, boasts a strong 7.24% cap rate and a substantial net operating income (NOI) of $137,560. Currently 100% occupied by two medical tenants under a triple-net (NNN) lease, this property offers a hands-off investment experience with no landlord responsibilities. The lease commenced December 4, 2020, with a 10-year term, leaving a remaining lease term of six years. Each suite is approximately half the total square footage. The asking price is $1,900,000, translating to a price per square foot of $542.39. The building is a two-story Class B office building with 332 parking spaces and is zoned PO&I by Boca Raton. This is a rare opportunity to acquire a stable, high-performing medical office investment in a desirable location. The property offers a secure investment with a long-term lease in place, providing consistent cash flow and significant potential for future appreciation. The lease includes five-year renewal options.