6560 W Rogers Cir
Boca Raton, FL 33487
13k SF Office/Flex | $131K HH Income · Flex Property For Sale

RealINSIGHT Marketplace Online Auction, July 19-21, 2021 CBRE and RealINSIGHT Marketplace are proud to offer 6560 W Rogers Circle, Units 18-21, a ±13,000 SF office/flex commercial condo located in Boca Raton, Florida (the “Property”). Located within the Boca Commercial Industrial Center just north of Yamato Road and east of N Military Trail, the Property presents an investor the opportunity to acquire a well located asset available at a significant discount with upside through lease-up at long term market rates. Originally built in 1989, the building is fully air conditioned and full sprinklered. The 2nd floor is 100% office space and the ground floor is currently built out as office space with the exception of a ±1,200 SF warehouse area which has a ±10’ ceiling height. The Building’s current layout offers a reception area, private offices, conference room, 5 bathrooms, warehouse area and three (3) 12x14 grade door access. There are 23 designated parking spaces. The Property is zoned M-3 Manufacturing Industrial Zoning which encourages a variety of light manufacturing and office uses. The Property offers a unique opportunity for owner occupants seeking flex space with a high office ratio, potential showroom space, and area for small inventory needs. Additionally, Boca Commercial Industrial Center offers significant value enhancement via strategic long-term leasing strategies for the available space at market rates estimated at $18 psf in the submarket. Stabilizing the Property will allow investors to enjoy a cash-flow stream and significant capital appreciation upon future disposition. Situated in southern Palm Beach County, the Property offers convenient access to I-95 at Congress Avenue to the north and Yamato Road to the south. Florida’s Turnpike is accessible from Atlantic Avenue to the north and Glades Road to the south. The site is surrounded by an abundance of new residential communities, breathtaking estates, country clubs and golf courses. The Property is minutes from downtown Delray Beach, several hospitals, shopping and dining along Atlantic Ave, prestigious private schools, beautiful beaches and all the surrounding region has to offer. The Property benefits from an exceptional demographic profile with a 2021 population of ±245,989 and average household income of $131,112 within a 5-mile radius.