7940 N Federal Hwy
Boca Raton, FL 33487
Office Property For Sale
Investment Highlights
- Surrounded by other professional services
Property Facts
Amenities
- Signage
About 7940 N FEDERAL HWY , BOCA RATON, FL 33487
*Motivated Seller* Known as the Steinway building, the property features 3.562 SF gallery & concert hall space occupied by Steinway, 1,303 SF leased to commercial real estate broker who has assisted building owner and tenants through last 2 ownership cycles & 9,343 SF medical/office space, for a total of 14,208 SF. This three-tenant property is currently 100% Leased. Medical Tenant HAS renewed and is taking 1,000 additional SF. Steinway has renewed for 5 years both tenants have been in property +15 years. Impeccably maintained property, parking 5/1000, east Boca Raton. $2.62mm LOAN can be Assumed 4.1% (by qualified owner/investor). Non Recourse debt is also available and can be introduced to buyers and or their broker.. TENANT 1 - Medical/Office: 9,343 SF FT Lease expires: 12/31/25 TENANT 2 - Steinway: 3,562 SF FT Lease expires: 12/31/24 Tenant 3 - Karlington Commercial: 1,303 SF FT Lease Expires: 6/30/30
Property Taxes
| Parcel Number | 06-43-46-32-12-009-0070 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $4,618,727 |
Property Taxes
