1515 North Federal Highway

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1515 North Federal Highway

boca-raton, FL 33432
Asking Rate
Contact for rate
Asset Type
Office
Class
Class B

What's Special

1515 North Federal Highway is situated along a major commercial corridor in Boca Raton, Florida. The surrounding neighborhood is characterized by a mix of professional offices, upscale residential developments, and established retail centers. Notable nearby amenities include the Mizner Park lifestyle center and the Boca Raton Innovation Campus, providing access to diverse dining and shopping options. The property offers direct frontage on Federal Highway (US-1), facilitating North-South travel throughout Palm Beach County. It is located approximately four miles from Interstate 95 and is accessible via local Broward County Transit bus routes. This office asset is suited for professional service firms seeking a central business district presence. The floor plans and location cater to legal practices, financial advisory groups, and corporate administrative headquarters. The typical tenant profile includes established local businesses and regional satellite offices that require proximity to Boca Raton's executive residential areas and affluent client base. Given the property's visibility, the site is also appropriate for medical office users and consultancy firms requiring a professional environment with convenient access for both employees and visiting clientele.

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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