2431 NW 1st Ave

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2431 NW 1st Ave

boca-raton, FL 33431
Asking Rate
Contact for rate
Asset Type
Industrial
Class
Class B

What's Special

2431 NW 1st Ave is situated in an established industrial and commercial corridor in Boca Raton, Florida. The neighborhood is characterized by a mix of light manufacturing, distribution centers, and professional service hubs. The property offers proximity to major retail amenities along North Federal Highway and is less than two miles from the Florida Atlantic University campus. Transportation access is anchored by its location near the I-95 interchange at Spanish River Boulevard, facilitating logistics across South Florida. Regional connectivity is further supported by the nearby Brightline Boca Raton station and the Boca Raton Airport. This industrial asset is suited for light manufacturing, regional distribution, or laboratory space. The layout and location cater to tenants requiring flexible warehouse space combined with administrative office components. Typical profiles include e-commerce fulfillment providers, specialized trade contractors, and technology hardware firms seeking a central Palm Beach County base. Its functional design supports businesses that prioritize efficient loading capabilities and reliable access to high-income service populations in the surrounding residential markets.

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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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