1501 Corporate Dr

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1501 Corporate Dr

boynton-beach, FL 33426
Asking Rate
Contact for rate
Asset Type
Office
Class
Class B

What's Special

1501 Corporate Drive is located in the North Congress Avenue corridor of Boynton Beach, Florida. This commercial area is characterized by a mix of corporate offices, light industrial facilities, and retail centers. The property sits within two miles of the Renaissance Commons development, providing access to various bank branches, restaurants, and grocery outlets. Transportation access is provided via Interstate 95, which is less than two miles to the east, and the nearby Boynton Beach Tri-Rail station, connecting the site to the broader South Florida metropolitan region. The building’s layout and location are suited for professional services, administrative headquarters, or regional satellite offices. Typical tenants for this asset type often include legal firms, accounting practices, medical billing operations, and logistics companies. The property accommodates businesses requiring proximity to both Palm Beach and Broward County markets. The suburban office setting is appropriate for established firms seeking a centralized location with dedicated surface parking and proximity to essential municipal services and local workforce residential zones.

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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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