Building is currently 100% leased six 6) tenants, however, the Owner of the building has companies that occupy approximately 15,000 sf and would vacate for an owner/user buyer. Up to a total of +/-30,000 sf could be made available upon pending lease expirations. Building is in excellent condition. In addition, the zoning of the property (LIRP) has been amended by the City of Boca Raton and in addition to corporate headquarters and general office use, medical and professional office uses are allowed. The allowable FAR has been significantly increased so the building can be expanded significantly.
Owner Financing Available!
The property is under a land condominium with an association that is controlled by the owner of 6800 Broken Sound Parkway (controls 72% of the Association). There are two buildings on the site, each individually owned. The building owner's share the parking on a prorata share (4/1000 parking ratio).
Call for further details on current pricing, NOI, expenses, etc.