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Former hhgregg Boca Raton

Summary
  • Listing Price: $11,740,000
  • Down: 42%/$4,940,000
  • CAP Rate Current: 7.05% (Pro-Forma)
  • Rentable Sq Ft: 41,410 SF
  • Lot Size: 3.40 Acres
  • Price Per Sq Ft: $283.50
Investment Highlights
  • Former hhgregg Retail Building
  •  41,410 SF GLA with 205’ of frontage – Can be Sub-Divided
  •  Average Household Income Exceeds $100,000 Per Year Within 5 Mile Radius
  • Prominent Class A Retail Property Located in Mission Bay/The Logger’s Run Area of West Boca Raton, FL
  • Phenomenal Location on State Rd. 7 (441) and Glades Rd. where many top brand retailers occupy retail space
  • North End Cap of 100,000 SF Power Center with Co-Tenants Burlington and PetSmart
  • Traffic counts of 56,500 VPD on State Road 7 & 45,000 VPD on Glades Road