Property profile

7600 Federal Hwy Boca Raton, FL 33487

OFF-MARKET
Strip malls
Property ID
US18-2025759
20,498 SF 1.93 ac lot Built 1985
Entity Owned 12-yr Hold Free & Clear
Saved · see the list in your Dashboard

Property summary

AI-generated overview

Located at 7600 N Federal Hwy, Boca Raton, FL 33487, this single-story retail center offers 20,000 square feet of leasable space on a 1.94-acre lot. Built in 1977, the property boasts excellent visibility from Federal Highway, thanks to pylon signage and abundant street-level parking. Currently, the center houses a diverse mix of tenants, including two interior design showrooms and a martial arts facility. One retail space of 4,746 square feet is currently available for lease. The property features individually metered utilities and electricity, ensuring efficient cost management for tenants. Each unit is equipped with its own HVAC system, with tenant responsibility for maintenance. This presents a unique opportunity for businesses seeking high-traffic exposure in a well-established Boca Raton retail location. The property is situated in Palm Beach County, offering easy access to major roadways and a thriving consumer base. The existing tenant mix provides a strong foundation for future growth and stability. This is an excellent opportunity to acquire a well-located retail space in a desirable area.

Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1985
Construction CONCRETE
Total area 20,498 SF
Lot 1.93 ac (84,062 SF)
Zoning code R-B-1
APN 06-43-46-32-12-011-0050
UPID US18-2025759

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Spa & Massage Center Skin Care Clinic
  • General Contractor Renovation Specialist
  • Carpet & Flooring Store
  • Construction Company
  • Hair Salon Nail Salon

Location

7600 Federal Hwy Boca Raton, FL 33487-1676
Boca Raton metro Census 7301 MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$3.23M

Owner & transaction history

since 2013
4 recorded transactions
2013
$3.1M
2009
$2.5M
2008
Price N/A
1969
Price N/A

Zoning & alternative use

R-B-1 · Boca Raton, FL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 7600 Federal Hwy?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message