2500 Military TrlBoca Raton, FL 33431

Property Details for 2500 Military Trl

Year built

1986

Construction

STEEL FRAME

Lot size

7.00 AC

Property size (Sq ft)

142,824 SF

Zone code

POI

Property type

Office properties

Property subtype

Office buildings

APN

06-42-47-13-00-000-3010

APU

6424713000003010

Description

This exceptional Class A office building, located at 2500 N. Military Trail in Palm Beach County, offers 4,421 rentable square feet of immediately available space. The entire building is currently vacant, presenting a unique opportunity for a single tenant to occupy this impressive property. The space boasts abundant natural light throughout and features a well-designed layout ideal for a variety of businesses. Current configurations include a welcoming reception/waiting area, a convenient break room/kitchenette, two fully equipped conference rooms, six built-in workstations, and nine private offices, providing ample space for both individual work and collaborative efforts. Ample parking is available for tenants and their guests. The building's strategic location offers close proximity to I-95, ensuring easy access for employees and clients. This property is perfect for businesses seeking a prestigious and functional workspace in a highly desirable location. The multiple subtypes of office space (Executive Office, Coworking, Creative Office) make it adaptable to a range of business needs. The entire 4,421 square feet is available for lease, offering a blank canvas for a company to design their ideal office environment. This is a rare opportunity to secure a complete, high-quality Class A office building in Palm Beach County.

• CAP approach

  CAP return

  Valuation

  6%

  $41,766,996

  6.5%

  $38,554,148

  7%

  $35,800,280

• Comparable approach

  Method

  Valuation

  Relative Method

  $27,595,026

  Geo Method

  $27,595,026

• Alternative Use

  Use

  Valuation

  Residential

  $47,807,144

  Hospitality

  $43,791,088

  Educational

  $36,433,672

  Medical

  $37,686,680

  Retail

  $56,674,600

Location Insight

City

Boca Raton

County

Palm Beach

State

Florida

Latitude

26.3728

Longitude

-80.1205

CBSA code

33100

CBSA name

MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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