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601 N Federal Hwy 18,326 SF of Retail Space Available in Boca Raton, FL 33432
Highlights
- Largest free-standing showroom building in downtown Boca Raton, ideal for furniture sales and across the street from the world-renowned Mizner Park.
- Turn-key availability offering all partitions and professional lighting in place, plus covered parking, and highly-visible building and pylon signage.
- Unimpeded exposure to more than 75,000 vehicles that pass by on N Federal Highway, N Dixie Highway, and NE Mizner Boulevard each day.
- Strong demographics for retail with an average household income of $114,527 in a 3-mile radius and consumer spending topping $2.3 billion in 5 miles.
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 601 | 18,326 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Triple Net (NNN) |
1st Floor, Ste 601
- Lease rate does not include utilities, property expenses or building services
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
Property Facts
| Total Space Available | 18,326 SF | Gross Leasable Area | 18,326 SF |
| Property Type | Retail | Year Built | 1959 |
| Property Subtype | Freestanding | Parking Ratio | 1.04/1,000 SF |
| Total Space Available | 18,326 SF |
| Property Type | Retail |
| Property Subtype | Freestanding |
| Gross Leasable Area | 18,326 SF |
| Year Built | 1959 |
| Parking Ratio | 1.04/1,000 SF |
About the Property
DEALERSHIP / SHOWROOM AVAILABLE! Centrally located in the heart of downtown Boca Raton, 601 N Federal Highway presents a unique opportunity. It is the largest free-standing showroom building in downtown, ideal for auto dealership, motorcycle dealership, marine sales, furniture sales or any similar user. The availability spans two floors and is turn-key with all partitions and professional lighting in place. Other features include a covered parking area, and highly-visible building and pylon signage fronting both N Federal Highway and N Dixie Highway. 601 N Federal Highway is in a high-traffic area, directly across the street from the world-renowned Mizner Park. Each day, an average of 39,844 vehicles pass by on N Federal Highway, 21,852 vehicles on N Dixie Highway, and 13,375 at NE Mizner Boulevard. Traffic is drawn to the area by the plethora of upscale shopping, fine dining, and successful financial institutions that surround Mizner Park. The market area of Boca Raton presents strong demographics to retailers, with 78,170 residents in a 3-mile radius that have an average household income of $114,527. Within a 5-mile radius, consumer spending tops over $2.3 billion, with over $149 million spent on household equipment and furnishings alone. This unique opportunity presents the ideal scenario for a business to thrive in Boca Raton.
- Bus Line
- Pylon Sign
- Signage
Marketing Brochure
Demographics
Demographics
About Boca Raton East
Boca Raton East is home to Florida Atlantic University, that has a student body of close to twenty thousand. The area's median income is more than $100,000, well above the Palm Beach median. Boca Raton East registered a population increase of close to 10% over the past decade.
Boca Raton East’s robust population gains, high incomes, connectivity, and a sizeable office market are some of the reasons retail tenants are attracted to this area. General retail and neighborhood centers are popular here, and several large grocery store chains have a presence in this locale, including three Publix and one Whole Foods stores. Some of the largest retailers in the area are Lord & Taylor, Ashley HomeStore and Clive Daniel Home.
Rents are very close to the Palm Beach County average.
Nearby Major Retailers
Leasing Agent
Leasing Agent
Daron R. Tersakyan, Director of Leasing
About the Owner
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