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.

Address

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Address: Sandalfoot Plaza Dr
City: Boca Raton
State/county: Palm Beach County
Zip/Postal Code: 33428

Details

Updated on March 26, 2026 at 2:25 am

Property ID A11924031
Price $6,500,000
Land Area 1.35 Square Feet
Year Built 1990
Type Retail
Property Status Commercial Sale

Additional details

BuildingAreaTotal 0
BuildingAreaUnits Square Feet
BuildingName Sandalfoot Plaza
BusinessType Retail Space, Shopping Center
ConstructionMaterials Concrete Block Construction
ContractStatusChangeDate 2025-12-02
CurrentUse Retail
DaysOnMarket 113
ExpirationDate 2026-08-01
Inclusions Building & Land
InternetAddressDisplayYN 1
InternetAutomatedValuationDisplayYN 1
InternetConsumerCommentYN 1
InternetEntireListingDisplayYN 1
ListAOR A-Miami Association of REALTORS
ListAgentDirectPhone 305-799-0026
LotFeatures In Residential Area, Shopping Center
LotSizeSquareFeet 60272
MajorChangeTimestamp December 2, 2025 at 09:41pm
MajorChangeType New
MlsStatus Active
ModificationTimestamp March 25, 2026 at 03:32pm
NumberOfBuildings 1
NumberOfUnitsInCommunity 0
OnMarketDate 2025-12-02
OriginalEntryTimestamp December 2, 2025 at 09:41pm
OriginalListPrice 6500000
OriginatingSystemID miamire
OriginatingSystemKey miamire
OriginatingSystemName Miami Association of REALTORS®
OtherExpense 0
Ownership Corporation
ParcelNumber 00424730340000050
ParkingFeatures Common
ParkingTotal 26
PhotosChangeTimestamp March 25, 2026 at 01:21pm
PhotosCount 10
PostalCodePlus4 6600
PriceChangeTimestamp December 2, 2025 at 09:41pm
PublicSurveyRange 47
PublicSurveySection 30
PublicSurveyTownship 47
RoadFrontageType State Road, Highway
SourceSystemKey 423862850
SpecialListingConditions Sale
StateOrProvince FL
StatusChangeTimestamp December 2, 2025 at 09:41pm
StreetName Sandalfoot Plaza Dr
StreetNumber 23133
StreetNumberNumeric 23133
StructureType Retail, Shopping Center
SyndicationRemarks 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.
TaxLegalDescription SANDALFOOT PLAZA IN PB48P186 LT 5
Zoning CG General Commercia