Sandalfoot Plaza Retail Center

  • Location: 23133 Sandalfoot Plaza Drive, Palm Beach County, Florida, 33428
Size: 60,272.00 sq. ft.
Price: $6,500,000

Describe the listing

23133 Sandalfoot Plaza Drive is a fully stabilized retail asset in Boca Raton’s established Sandalfoot corridor, offering immediate cash flow and long-term income security. The property features prime frontage along US 441 / State Road 7 with over 50,000 vehicles per day and is surrounded by dense residential neighborhoods that drive consistent consumer demand. The center is 100% occupied with a diversified mix of service-oriented tenants, including Jiffy Lube, Express Car Wash, restaurants, and a tint/audio operator, providing essential, repeat-use services that enhance stability and minimize vacancy risk. A strong anchor tenant reinforces the asset’s resilience through market cycles and is currently paying above-market rent, while all leases include annual rent increases, ensuring steady income growth. Additionally, a revenue-generating billboard adds a secondary income stream, further enhancing returns. With solid tenant fundamentals and a prime infill location, this asset presents a low-risk, income-focused investment with upside potential.

Features

Standard Features

  • Car parking on site - overground
  • On-site retail

Describe the Vibe

The Space
  • Traditional
The Area
  • Commercial
  • Crowded
  • Residential

Space Details

General Information

Property Category: Strip mall


Tenant Information

Occupied or Vacant: Occupied

Building occupied percentage: 100%

No of tenants: 5


Building Information

External Building Condition: Basic


Pricing Information

Selling price: $6,500,000


First listed: Mar 25, 2026

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Location

  • Address: 23133 Sandalfoot Plaza Drive, Palm Beach County, Florida, 33428