1095 Broken Sound PkwyBoca Raton, FL 33487

  • Office properties
  • 54,203 SF
For Lease

Property Details for 1095 Broken Sound Pkwy

Year built
2008
Construction
CONCRETE
Lot size
0.66 AC
Property size (Sq ft)
54,203 SF
Zone code
LIRP
Property type
Office properties
Property subtype
Office buildings
APN
06-42-47-01-03-008-0020
APU
6424701030080020

Description

This exceptional 10,000-square-foot Class-A office space is situated at 1095 Broken Sound Parkway NW in Boca Raton, Florida, zip code 33487. Located within the highly sought-after Broken Sound Business Park, this single-tenant property offers a contemporary design featuring large windows that flood the space with natural light and provide scenic views. The space boasts state-of-the-art amenities, including high-speed internet access, energy-efficient HVAC systems, and secure 24/7 building access. Ample on-site parking is available, and the property enjoys convenient access to major roadways such as I-95 and the Florida Turnpike, ensuring effortless commutes for employees and clients. The property is part of a premier corporate hub with beautifully landscaped grounds and high-quality neighboring businesses. This location within Boca Raton's thriving business community makes it an ideal choice for companies seeking a prestigious and well-connected workspace. A unique incentive of three months of free rent is currently being offered. This property is perfect for businesses seeking a professional, upscale environment to flourish.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $15,850,952
    6.5%
    $14,631,648
    7%
    $13,586,531
  • Comparable approach

    Method
    Valuation
    Relative Method
    $10,472,562
    Geo Method
    $10,472,562
  • Alternative Use

    Use
    Valuation
    Residential
    $18,143,244
    Hospitality
    $16,619,114
    Educational
    $13,826,908
    Medical
    $14,302,436
    Retail
    $21,508,524
1095 Broken Sound Pkwy, Boca Raton, Florida

Location Insight

City
Boca Raton
County
Palm Beach
State
Florida
Latitude
26.4012
Longitude
-80.1106
CBSA code
33100
CBSA name
MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$178,125
-
$8,800,000
$8,800,000
-
-
$8,800,000
$8,800,000

FAQs

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