5295 Town Center RdBoca Raton, FL 33486

Property Details for 5295 Town Center Rd

Year built

1988

Construction

CONCRETE

Lot size

0.44 AC

Property size (Sq ft)

26,869 SF

Zone code

CITY CG

Property type

Office properties

Property subtype

Office buildings

APN

06-42-47-23-36-000-0011

APU

6424723360000011

Description

This exceptional Class A office building, situated at the corner of Military Trail and Town Center Road in Boca Raton, offers a unique blend of modern design and prime location. The single, four-story building totaling 27,862 square feet boasts a variety of office spaces suitable for medical, traditional, executive, or creative businesses. Currently, there is 7,777 square feet of vacant space available, divisible into units as small as 1,613 square feet, with a maximum contiguous space of 2,264 square feet. Built in 1988, the property sits on one acre of land and features high-end finishes, floor-to-ceiling windows, and abundant natural light. Tenants and their clients benefit from convenient amenities including free valet parking, covered garage parking for employees, and easy walking access to numerous restaurants, Starbucks, and Joseph's Market. A comprehensive corporate telecommunications package is included for long-term leases. The building's prominent location on Military Trail ensures high visibility and strong monument signage opportunities. This boutique building presents a rare opportunity to secure prestigious office space in a thriving Boca Raton location. The multiple tenancy structure allows for flexibility in lease terms and space requirements.

• CAP approach

  CAP return

  Valuation

  6%

  $8,377,462

  6.5%

  $7,733,042

  7%

  $7,180,682

• Comparable approach

  Method

  Valuation

  Relative Method

  $5,191,360

  Geo Method

  $5,191,360

• Alternative Use

  Use

  Valuation

  Residential

  $9,588,972

  Hospitality

  $8,783,447

  Educational

  $7,307,724

  Medical

  $7,559,048

  Retail

  $11,367,571

Location Insight

City

Boca Raton

County

Palm Beach

State

Florida

Latitude

26.3634

Longitude

-80.1253

CBSA code

33100

CBSA name

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

Property Tax & Assessments

FAQs

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