Frank Evans - Preferred Properties Int'l Realty, Inc Logo
$6,500,000
( )
 $34,893 est/mo Sourced by Back At You

23133 Sandalfoot Plaza Dr,Boca Raton, FL 33428

Boca Raton, FL 33428

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Description

23133 Sandalfoot Plaza Drive is a fully stabilized retail asset in Boca Raton’s established Sandalfoot corridor, offering immediate cash flow and long-term income security. The property features prime frontage along US 441 / State Road 7 with over 50,000 vehicles per day and is surrounded by dense residential neighborhoods that drive consistent consumer demand. The center is 100% occupied with a diversified mix of service-oriented tenants, including Jiffy Lube, Express Car Wash, restaurants, and a tint/audio operator, providing essential, repeat-use services that enhance stability and minimize vacancy risk. A strong anchor tenant reinforces the asset’s resilience through market cycles and is currently paying above-market rent, while all leases include annual rent increases, ensuring steady income growth. Additionally, a revenue-generating billboard adds a secondary income stream, further enhancing returns. With solid tenant fundamentals and a prime infill location, this asset presents a low-risk, income-focused investment with upside potential.

Details

MLS #A11924031
Listing TypeFor Sale
StyleRetail
Building NameSandalfoot Plaza
Sub-TypeResale
StatusActive Under Contract
Year1990
Days On Site275
Listing Provided ByFortune Christie's Intl R.E. | Rejane Gomes de Paula

Features

Building(s)1
ZoningCG General Commercia
Acreage1.35

Parking

Parking FeaturesCommon

Area Information

StateFL
CountyPalm Beach
CityBoca Raton
Zip Code33428
Area4240
Listing VS Median (in 33428)
Price:
$6,500,000
low | high
Med:
$210,000
100% of Average
On site:
275
low | high
Med:
81.5
100% of Average
Sourced by Back At You

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Contact

Learn More About This Property

Frank Evans

Frank Evans

Preferred Properties Intl Realty Inc

BK3280715 (954) 684-6157frank@preferredpropertiesint.com
StateFL
CountyPalm Beach
CityBoca Raton
Zip Code33428
Area4240
Listing VS Median (in 33428)
Price:
$6,500,000
low | high
Med:
$210,000
100% of Average
On site:
275
low | high
Med:
81.5
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $4.875M - $8.125M
sqft: 0 - 0
Nearby Listings Property ImageNearby Listings Details
23133 Sandalfoot Plaza Dr 1 Property Photo 1
$36
23133 Sandalfoot Plaza Dr 1
Boca Raton, FL 33428
23133 Sandalfoot Plaza Drive 1 Property Photo 1
$36
23133 Sandalfoot Plaza Drive 1
Boca Raton, FL 33428
Listing Updated: August 20, 2026 at 6:07:02 AM PDT

Frank Evans - Preferred Properties Int'l Realty, Inc