1095 Broken Sound Pkwy NW ,Office for Sale & Rent

1095 Broken Sound Pkwy NW for Sale & Rent

Price $12,900,000.00

• Lot size 60050
• Year Build 2008
• Waterfront
• Zip 33487
• Style
• Parking Description
• Pool Yes
• Status Active

Description

The property consists of a 60,050 SF Class A, three-story office building with 58,786 SF of leasable space and a two-level parking garage. An owner-user has the opportunity to immediately occupy a fully built-out 15,273 SF office suite, while seven long-term tenants provide strong in-place income to offset ownership costs. The property offers a 5.2% in-place cap rate with the potential to achieve an approximately 9.5% pro forma cap rate once 100% occupied. Over $1.7mil in recent renovations and high-end corporate build-out, this property presents a rare combination of turnkey owner-user occupancy and investment upside with no deferred maintenance.

ARVIDA PARK OF COMMERCE PLAT 2 N 217.50 FT OF S 336.58 FT OF E 131.21 FT OF W 166.21 FT & N 4.64 FT OF S 119.08 FT OF E 33.46 FT OF W 124.81

The property consists of a 60,050 SF Class A, three-story office building with 58,786 SF of leasable space and a two-level parking garage. An owner-user has the opportunity to immediately occupy a fully built-out 15,273 SF office suite, while seven long-term tenants provide strong in-place income to offset ownership costs. The property offers a 5.2% in-place cap rate with the potential to achieve an approximately 9.5% pro forma cap rate once 100% occupied. Over $1.7mil in recent renovations and high-end corporate build-out, this property presents a rare combination of turnkey owner-user occupancy and investment upside with no deferred maintenance.

City:Boca Raton,Zoning:LIRP (ci,List A O R:A-Miami Association of REALTORS,Stories:3,Latitude:26.4011262,List Price:12900000,Listing Id:A11825626,Longitude:-80.1105778,Mls Status:Active,Year Built:2008,Postal Code:33487,Street Name:Broken Sound Pkwy NW,Coordinates:1:26.4011262,Photos Count:53,Building Name:ARVIDA PARK OF COMMERCE,Business Type:1:Warehouse Space,Days On Market:176,Lot Size Units:Square Feet,M I A M I R E_ Area:4390,On Market Date:2025-06-19,Parcel Number:06424701030080020,Property Type:Commercial Sale,Stories Total:3,Street Number:1095,Public Remarks:The property consists of a 60,050 SF Class A, three-story office building with 58,786 SF of leasable space and a two-level parking garage. An owner-user has the opportunity to immediately occupy a fully built-out 15,273 SF office suite, while seven long-term tenants provide strong in-place income to offset ownership costs. The property offers a 5.2% in-place cap rate with the potential to achieve an approximately 9.5% pro forma cap rate once 100% occupied. Over $1.7mil in recent renovations and high-end corporate build-out, this property presents a rare combination of turnkey owner-user occupancy and investment upside with no deferred maintenance.,County Or Parish:Palm Beach County,Expiration Date:2026-04-23,List Office Name:RE/MAX 5 Star Realty,Standard Status:Active,Living Area Units:Square Feet,Major Change Type:Price Decrease,Postal Code Plus4:3501,Property Sub Type:Office,State Or Province:FL,Street Dir Prefix:NW,Tax Annual Amount:211573,Unparsed Address:1095 NW Broken Sound Pkwy NW, Boca Raton FL 33487,Listing Agreement:Exclusive Right To Sell,Building Area Total:60050,Building Area Units:Square Feet,Leasable Area Units:Square Feet,Lot Size Square Feet:28736,M I A M I R E_ Flood Zone:X,Number Of Buildings:1,Original List Price:13495000,Previous List Price:13495000,I D X Participation Y N:1,M I A M I R E_ N A R Rules Y N:1,Syndication Remarks:The property consists of a 60,050 SF Class A, three-story office building with 58,786 SF of leasable space and a two-level parking garage. An owner-user has the opportunity to immediately occupy a fully built-out 15,273 SF office suite, while seven long-term tenants provide strong in-place income to offset ownership costs. The property offers a 5.2% in-place cap rate with the potential to achieve an approximately 9.5% pro forma cap rate once 100% occupied. Over $1.7mil in recent renovations and high-end corporate build-out, this property presents a rare combination of turnkey owner-user occupancy and investment upside with no deferred maintenance.,Listing Contract Date:2025-06-19,Originating System I D:miamire,Showing Instructions:Appointment Only,Call Listing Office,Street Number Numeric:1095,Tax Legal Description:ARVIDA PARK OF COMMERCE PLAT 2 N 217.50 FT OF S 336.58 FT OF E 131.21 FT OF W 166.21 FT & N 4.64 FT OF S 119.08 FT OF E 33.46 FT OF W 124.81,M I A M I R E_ Current Price:12900000,M I A M I R E_ Total Mortgage:7700000,Originating System Name:Miami Association of REALTORS?,M I A M I R E_ Internet Remarks:The class A office building is a 3 story office building with an additional 10,000 SF warehouse/storage area and a 2 level car garage,M I A M I R E_ Parcel Number M L X:0020,M I A M I R E_ Street View Param:1$26.4011$-80.110584$149.62$13.33$1.00$CAoSLEFGMVFpcE0zTlo4T2VmRjdYaVRsRGtydGpXZXVEaFdpcFNyVXZsMUtBX0p3,Contract Status Change Date:2025-06-19,Internet Address Display Y N:1,M I A M I R E_ Ok To Advertise List:No,M I A M I R E_ Subdivision Number:3,M I A M I R E_ Building Name Number:ARVIDA PARK OF COMMERCE,M I A M I R E_ Agent Alternate Phone:954-453-1000,Internet Entire Listing Display Y N:1,M I A M I R E_ Address Internet Display:1095 NW Broken Sound Pkwy NW,