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Highlights

  • Prominent frontage and visibility along North Federal Highway (US-1).
  • Surrounded by established financial, professional, and retail users.
  • Positioned within Boca Raton's established commercial and business district.

Space Availability (1)

Display Rental Rate as

  • Space
  • Size
  • Term
  • Rental Rate
  • Rent Type
  • 1st Floor, Ste 990
  • 7,000-10,204 SF
  • 1-5 Years
  • $85.00 /SF/YR $7.08 /SF/MO $867,340 /YR $72,278 /MO
  • Triple Net (NNN)
Space Use
Retail
Build-Out
Full Build-Out
Availability
Now

Term is negotiable.

  • Lease rate does not include utilities, property expenses or building services
  • Fully Built-Out as Standard Retail Space
  • Space is an outparcel at this property
  • Space is in Excellent Condition
Space Size Term Rental Rate Rent Type
1st Floor, Ste 990 7,000-10,204 SF 1-5 Years $85.00 /SF/YR $7.08 /SF/MO $867,340 /YR $72,278 /MO Triple Net (NNN)

1st Floor, Ste 990

Size
7,000-10,204 SF
Term
1-5 Years
Rental Rate
$85.00 /SF/YR $7.08 /SF/MO $867,340 /YR $72,278 /MO
Rent Type
Triple Net (NNN)
Space Use
Retail
Build-Out
Full Build-Out
Availability
Now

Term is negotiable.

  • Lease rate does not include utilities, property expenses or building services
  • Fully Built-Out as Standard Retail Space
  • Space is an outparcel at this property
  • Space is in Excellent Condition

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.

Tenants at 990-1000 N Federal Hwy, Boca Raton, FL 33432

  • Tenant
  • Description
  • Size
  • Move Date
  • US Locations
  • Reach
  • Valley National Bank
  • Bank
  • -
  • 02/2025
  • 323
  • National
US Locations
Reach
323
National

At Valley Bank, they don’t just invest in businesses. They power ambitions: how to focus them, grow them, and most importantly, make them resilient for the future. They’re the leading commercial bank built for growth—with over $61 billion in assets and more than 200 consumer branches and commercial banking offices in communities across the US. With more than 3,800 employees across real estate, commercial & industrial, healthcare, nonprofit, government contracting and more, they help focus visions and then prioritize the solutions needed to achieve them. It’s how they’ve been working since 1927.

  • Same Day Appliance Services
  • Services
  • -
  • 05/2026
  • 1
  • -
Tenant Description Size Move Date US Locations Reach
Valley National Bank Bank - 02/2025 323 National
Same Day Appliance Services Services - 05/2026 1 -

Property Facts

Total Space Available 10,204 SF
Min. Divisible 7,000 SF
Property Type Retail
Property Subtype Storefront Retail/Office
Gross Leasable Area 10,204 SF
Year Built/Renovated 1971/1995
Parking Ratio 1.88/1,000 SF

About the Property

Located along North Federal Highway (US-1) in East Boca Raton, 990-1000 N Federal Hwy benefits from a highly visible position within one of the city's established commercial corridors. The property is situated just north of Downtown Boca Raton and Mizner Park, providing convenient access to a diverse mix of upscale retail, dining, financial institutions, professional offices, and residential communities. The location offers excellent regional connectivity via Interstate 95, Glades Road, and Palmetto Park Road, allowing efficient travel throughout South Florida, including Fort Lauderdale and West Palm Beach. Nearby amenities include Boca Raton Regional Hospital, Florida Atlantic University, Brightline's Boca Raton station, and the city's business and financial districts. The surrounding area supports strong daytime activity and provides convenient access for employees, customers, and visitors.

  • Bus Line
  • Corner Lot
  • Pylon Sign
  • Signage
  • Drive Thru
Moderately walkable
60/100
Exceptionally drivable
100/100
Some public transit
40/100
Fairly bikeable
50/100

Demographics

Demographics

1 Mile 1 Mi. 3 Miles 3 Mi. 5 Miles 5 Mi.
1 mile
3 mile
5 mile
2025 Population
16,469
82,181
213,197
2030 Population
17,921
88,865
229,408
2025-2030 Projected Population Growth
8.8%
8.1%
7.6%
Median Age
44.7
46.8
49.5
College Degree + Higher
51%
50%
47%
Daytime Employees
23,026
88,996
178,475
Total Businesses
3,271
12,170
21,598
Average Household Income
$140,530
$140,759
$124,454
Median Household Income
$107,534
$107,291
$91,347
Total Consumer Spending
$261.9M
$1.3B
$3.2B
2025 Households
7,629
35,251
96,463
Average Home Value
$830,175
$796,051
$675,525

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

Seacoast Bank
SouthState Bank
Crossfit Hardcore Station
Mayweather Boxing + Fitness
Publix
Chase Bank
BankUnited
Truist
Ocean Bank
Bank of America

Leasing Agent

Leasing Agent

Daron Tersakyan, Director of Leasing
Daron R. Tersakyan is Director of Leasing at Investments Limited, a Boca Raton, Florida-based real estate investment, ownership, development, management, and leasing firm. He has been with the company since 2001, overseeing commercial leasing activities across a diverse portfolio of retail, office, industrial, multifamily, land, and mixed-use properties. His work focuses on tenant representation, landlord leasing strategy, occupancy optimization, and transaction execution throughout South Florida and other targeted markets. Over more than two decades in commercial real estate, Tersakyan has been involved in leasing assignments, investment sales, and marketing initiatives across a broad range of asset types. He is an active participant in the South Florida commercial real estate market and has represented both property owners and tenants in lease negotiations and portfolio leasing efforts.
  • Listing ID: 41805505

  • Date on Market: 8/19/2026

  • Last Updated:

  • Address: 990-1000 N Federal Hwy, Boca Raton, FL 33432

Contact the Leasing Agent

990-1000 N Federal Hwy

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