621 53Rd StBoca Raton, FL 33487
High-vacancy, value-add office building in Boca Raton.
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 114
Highlights
- Rare value-add opportunity: 40% leased Class A office building in Boca Raton's desirable Park at Broken Sound.
- Significant rental upside: 18.5% mark-to-market opportunity on existing leases.
- Ideal headquarters location: Two vacant upper floors offer private elevator access, signage potential, and amenity space.
- High-visibility signage potential: I-95 frontage (270,000 VPD) offers substantial revenue generation.
- Extensive structured parking: 6.5-acre site with 875 spaces (3.71/1,000 SF).
Property Details for 621 53Rd St
- Property type
- Office properties, Office space
- Class
- A
- Year Built/Renovated
- 1985/1990
- Buildings
- 1
- Stories
- 7
- Lot Size (sq. ft)
- 283,140 SF
Location Insight
- City
- Boca Raton
- County
- Palm Beach
- State
- Florida
- Latitude
- 26.39675479023
- Longitude
- -80.095555497521
Nearby Similar for Sale
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