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601 N Federal Hwy
18,326 SF of Retail Space Available in Boca Raton, FL
Highlights
- Largest free-standing showroom building in downtown Boca Raton, ideal for furniture sales and across the street from the world-renowned Mizner Park.
- Turn-key availability offering all partitions and professional lighting in place, plus covered parking, and highly-visible building and pylon signage.
- Unimpeded exposure to more than 75,000 vehicles that pass by on N Federal Highway, N Dixie Highway, and NE Mizner Boulevard each day.
- Strong demographics for retail with an average household income of $114,527 in a 3-mile radius and consumer spending topping $2.3 billion in 5 miles.
Space Availability (1)
Display Rate as
- Space
- Size
- Term
- Rate
- Type
| Space | Size | Term | Rate | Type | ||
| 1st Floor | 18,326 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request | Negotiable |
1st Floor 18,326 SF
DEALERSHIP / SHOWROOM AVAILABLE!
- Space is in Excellent Condition
- Can be combined with additional space(s) for up to 18,326 SF of adjacent space
- Showroom
- Dealership
- Premium Visibility
Lease Types
Double Net: Lessee pays for two of the building expenses; the landlord and lessee determine these.
Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. Exact details must be confirmed for each lease.
Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The Lessor (landlord) will pay the remaining expenses. For example: Plus Electric means the tenant pays rent plus their own electric expense, or Plus Janitorial means the tenant pays the rent plus their own janitorial expense. Both of these are types of Modified Gross Leases, which may vary from tenant to tenant.
Negotiable: Used when the leasing contact does not provide the service type.
Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent.
Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent.
Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent.
Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent.
Plus Utilities and Char.: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent.
TBD: To be determined; used for buildings for which no services are known because the buildings are not yet built.
Tenant Electric: Lessor pays for all services and Lessee is responsible for their usage of lights and electrical outlets in the space they occupy.
Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
PROPERTY FACTS FOR 601 N Federal Hwy , Boca Raton, FL 33432
| Property Type | Retail | Year Built | 1959 |
| Property Subtype | Freestanding | Parking Ratio | 0.7/1,000 SF |
| Gross Leasable Area | 27,000 SF |
About the Property
DEALERSHIP / SHOWROOM AVAILABLE! Centrally located in the heart of downtown Boca Raton, 601 N Federal Highway presents a unique opportunity. It is the largest free-standing showroom building in downtown, ideal for auto dealership, motorcycle dealership, marine sales, furniture sales or any similar user. The availability spans two floors and is turn-key with all partitions and professional lighting in place. Other features include a covered parking area, and highly-visible building and pylon signage fronting both N Federal Highway and N Dixie Highway. 601 N Federal Highway is in a high-traffic area, directly across the street from the world-renowned Mizner Park. Each day, an average of 39,844 vehicles pass by on N Federal Highway, 21,852 vehicles on N Dixie Highway, and 13,375 at NE Mizner Boulevard. Traffic is drawn to the area by the plethora of upscale shopping, fine dining, and successful financial institutions that surround Mizner Park. The market area of Boca Raton presents strong demographics to retailers, with 78,170 residents in a 3-mile radius that have an average household income of $114,527. Within a 5-mile radius, consumer spending tops over $2.3 billion, with over $149 million spent on household equipment and furnishings alone. This unique opportunity presents the ideal scenario for a business to thrive in Boca Raton.
- Bus Line
- Pylon Sign
- Signage
Marketing Brochure
DEMOGRAPHICS
Demographics
About Boca Raton East
Boca Raton East is home to Florida Atlantic University, that has a student body of close to twenty thousand. The area's median income is more than $100,000, well above the Palm Beach median. Boca Raton East registered a population increase of close to 10% over the past decade.
Boca Raton East’s robust population gains, high incomes, connectivity, and a sizeable office market are some of the reasons retail tenants are attracted to this area. General retail and neighborhood centers are popular here, and several large grocery store chains have a presence in this locale, including three Publix and one Whole Foods stores. Some of the largest retailers in the area are Lord & Taylor, Ashley HomeStore and Clive Daniel Home.
Rents are very close to the Palm Beach County average.
Nearby Major Retailers
Transportation
Commuter Rail |
||
|---|---|---|
|
Boca Raton Commuter Rail (Tri-County Commuter)
  |
10 min drive | 4.4 mi |
|
Deerfield Beach Commuter Rail (Tri-County Commuter)
|
11 min drive | 4.6 mi |
About the Owner
- Daron R. Tersakyan
- Miguel Rodrigues
-
Investments Limited
Suite 6
Boca Raton, FL 33432
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601 N Federal Hwy
18,326 SF of Retail Space Available in Boca Raton, FL
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