Boca West Medical Plaza 21020 State Road 7 31,138 SF 100% Leased Office Building Boca Raton, FL 33428 For Sale

On behalf of ownership, the Colliers | South Florida Investment Services Team, as the exclusive agent, is pleased to present for sale the Boca West Medical Plaza (the “Property”) located at 21020 State Road 7 in Boca Raton, FL. The ±31,138 square foot medical office building sits on 5.29 acres of land near the southeast corner of State Road 7 and Glades Road, less than a mile north of West Boca Medical Center. The Property’s close proximity to numerous retail, dining, and residential developments creates a convenient environment for both tenants and their patients.
Boca West Medical Plaza is fully leased to two high-quality tenants, GenesisCare and Skin and Cancer Associates. This strong tenancy ensures a steady and reliable income stream, positioning the asset as a compelling investment opportunity in one of Boca Raton’s most sought-after submarkets. Along with stable cash flows, the Property presents significant upside potential for investors.
Furthermore, Boca West Medical Plaza provides an exciting development opportunity, with plans already in place to construct an additional 9,080 square feet of medical office space on the eastern portion of the property. This expansion has the potential to generate additional revenue while enhancing the asset’s overall value and appeal to prospective tenants in the thriving medical office market.
This combination of stable cash flows, below-market rents, and development potential represents a rare opportunity to acquire a high-performing medical office asset in a premier South Florida location.
"Best & Final” offers to be submitted on or before Wednesday, May 14, 2025 by 5:00pm EST.