20429 FL-7

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20429 FL-7

boca-raton, FL 33498
Asking Rate
Contact for rate
Asset Type
Retail
Class
Class B

What's Special

Located at 20429 FL-7 in West Boca Raton, this retail property occupies a high-visibility position along a primary north-south commercial corridor. The surrounding neighborhood is characterized by dense residential communities and established shopping centers featuring national grocery chains, pharmacies, and casual dining options. The site benefits from significant daily traffic counts and is positioned near the intersection of Glades Road, providing efficient regional connectivity to the Florida Turnpike and U.S. 441. The location is suited for businesses seeking exposure within a high-income suburban demographic. Ideal use cases include boutique fitness studios, specialized medical offices, professional service firms, or upscale retail showrooms. Typical tenants would likely include established local businesses or national franchisees that require a mix of pedestrian accessibility and ample surface parking to serve the local residential population.

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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

Location & Travel Times