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Sibia Building 709 S Federal Hwy 9,200 SF 100% Leased Office Building Boynton Beach, FL 33435 $6,500,000 ($706.52/SF) 4.50% Cap Rate
Investment Highlights
- Office/medical building enjoys excellent visibility and accessibility, being surrounded by a vibrant business community.
- The versatile floor plan allows for flexible office and medical configurations to meet various business needs.
- On-site pharmacy provides convenience and synergy for medical practitioners and healthcare professionals, streamlining patient care.
- The property provides ample parking spaces, ensuring easy access for employees, clients, and patients.
Executive Summary
709 S Federal Hwy, Boynton Beach, FL. This two-floor, 9,200 square-foot office/medical building, located off S Federal Highway, offers a prime location with excellent visibility. The property features an on-site pharmacy, enhancing convenience for medical practitioners and patients. With a modern design and versatile floor plan, including private offices, examination rooms, and waiting areas, this building is ideal for various professional uses. Ample parking, a well-maintained exterior, and a vibrant business community complete the package.
Property Facts
Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
9,200 SF
Building Class
B
Year Built
2012
Price
$6,500,000
Price Per SF
$706.52
Cap Rate
4.50%
NOI
$292,500
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
4,600 SF
Slab To Slab
11’
Building FAR
0.32
Lot Size
0.67 AC
Zoning
C3 - General commercial uses including office and medical space.
Parking
34 Spaces (3.7 Spaces per 1,000 SF Leased)
Amenities
- 24 Hour Access
- Bus Line
- Signage
- High Ceilings
- Natural Light
- Recessed Lighting
- Wi-Fi
- Hardwood Floors
- Balcony
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Property Taxes
| Parcel Number | 08-43-45-28-00-000-5020 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $3,173,383 |
Property Taxes
Parcel Number
08-43-45-28-00-000-5020
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$3,173,383
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Sibia Building | 709 S Federal Hwy
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