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Property profile & analytics
FOR LEASE
Office buildings

951 Yamato Rd Boca Raton, FL 33487

160,814 SF 10.03 ac lot Built 1983
Entity Owned 20-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US18-6077081
Property summary
AI-generated overview

This exceptional two-story, 146,108-square-foot Class A office building in Boca Raton, Florida, offers a prestigious address and unparalleled amenities. Built in 1983 and extensively renovated in 2019, the property boasts a striking contemporary aesthetic, including a soaring atrium and lush interior courtyard. Tenants enjoy convenient access to I-95 and the Tri-Rail, with Downtown Boca Raton just a 10-minute drive away. The building features ample surface and covered executive parking, a state-of-the-art tenant conference facility, a training room, and on-site concierge services. High-speed fiber optics and free common area WiFi ensure seamless connectivity. Numerous telecom options are available, catering to diverse business needs. The building is Energy Star certified, reflecting its commitment to sustainability. Custom and move-in ready suites are available, providing flexibility for various business sizes. Its strategic location places it midway between Broward and Palm Beach County business markets, offering easy access to a large talent pool and diverse clientele. Nearby, tenants can enjoy the upscale shopping at Town Center at Boca Raton, home to Bloomingdale's, Saks Fifth Avenue, Neiman Marcus, Nordstrom, and J. Crew, as well as a variety of top-rated restaurants. The 2023 estimated operating expenses are $12.18 per square foot. This property presents a unique opportunity to establish a thriving business in a highly desirable location.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING (MULTI-STORY)
Year built 1983
Construction CONCRETE
Total area 160,814 SF
Lot 10.03 ac (436,907 SF)
Zoning code LIRP
APN 06-42-47-01-00-000-5070
UPID US18-6077081
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Larry Make It Happen Nightclub DJ & Entertainment
  • Effectv Media Distribution
  • Boca Save our Beaches Charitable Organization Social Service Agency
  • Thermocom, Inc. Corporate Office
  • KSDT CPA Accounting Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$69.95M
Comparable Approach Comparable
by Request
Blend (final) Blend
$68.79M
Owner & transaction history
951 Yamato Acquisition Co LLC · 20 yrs held
951 Yamato Acquisition Co LLC
since 2006
4 recorded transactions
2008
Price N/A
2006
Price N/A
2004
$13.3M
1969
Price N/A
Zoning & alternative use
LIRP · Boca Raton, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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