Highlights:
• Lease rate does not include utilities, property expenses or building services
Building Description
Property Overview
Experience the wonders of West Boca Raton’s office market at 23123 State Road 7. The office greets visitors and tenants with a simple, modern, windowed façade with wood finishings. The ample surface parking and a generously sized lobby with elevators allow for a sense of ease. The lobby is currently undergoing a renovation, adding additional value for tenants. The three-story office offers professionals 45,175 square feet of space on 4 acres of land. The current tenant mix is synergistic with professional services, including Bank of America, a law firm, an insurance group, a travel agency, and a certified public accountant. There are several suites available ranging in size and perfect for a wide array of tenants. Spaces run from 1,098 square feet up to 2,429 square feet on multiple levels. The largest suite was previously a church, allowing new tenants to get creative with the spaces.
23123 State Road 7 is in a thriving and affluent section of Boca Raton. The population within a 2-mile radius of the property is growing rapidly, with high average household incomes ringing in at over $106,000 per year. West Boca Raton remains a popular place for business due to its award-winning schools, peaceful atmosphere, and convenience to excellent shopping, dining, and employment options. Just off Highway 441, the property is near it all — Walmart, Publix, McDonald’s, Target, and more. Master-planned subdivisions brimming with single-family houses, townhomes, apartments, and condos characterize most of the housing stock in West Boca Raton. The community is also just a short drive away from Florida Atlantic University, numerous beautiful beaches, and well-maintained golf courses.
23123 State Road 7 is the ideal location for businesses in need of a strong workforce, flexible spaces, and easy connectivity.
Banking
Bus Line
Signage
Investment Highlights
Join a diverse and synergistic tenant mix at 23123 State Road 7, with multiple spaces available ranging in size and ready for build-out. Tenants can easily reach the property without sacrificing the comfort of being close to home. Commuting is a breeze with accessibility to I-95 via the Palmetto Park Road exit and US 441. For before, during, and after working hours, employees can completer their to-do list at Family Dollar, YouFit Gyms, Publix, and McDonald’s.
Approved Uses
Retail store, Clothing / apparel store, Furniture store, Electronics store, Sporting goods store, Shopping centre / regional mall, Convenience store (no fuel, no vehicle service), Farmer's market, Fruit and vegetable market, Pharmacy, Restaurant, Fast food restaurant, Coffee shop, Catering service, Bar / nightclub (300 ft residential rule applies), Business office, Professional office, Medical office, Dental clinic, Medical or dental laboratory, Bank / financial institution, Barber shop, Beauty salon, Nail salon, Dry cleaner, Laundry service, Repair services (general), Print and copy shop, Gym / fitness center, Instructional school / tutoring, Child care center / daycare, Hotel, Indoor entertainment venue, Movie theater (indoor), Place of public assembly, Library, Commercial parking structure, Auto repair shop (fully enclosed building) (special approval), Automotive service station (special approval), Drive-through restaurant (special approval), Veterinary clinic (no overnight boarding) (special approval), Pet daycare (special approval), School (special approval), Outdoor entertainment (east of Butts Road only) (special approval), Regional transportation service (special approval)
Area demographics
Population
8,012
Households
2,471
Median income
$61,035
Median home value
$262,800
Walk Score
50
Trade area (1 / 3 / 5 mi)
1 mi3 mi5 mi
Population23,043111,456290,820
Households8,08539,584112,932
Avg income$89,987$122,997$113,259
Household income (purchasing power)
< $50k42%
$50–100k36%
$100–150k10%
$150k+13%
Traffic count (frontage)
54,500 cars/day (AADT)
Nearby: 54,500 · BROWARD CO LINE | 31,000 · US-441/SR-7
Neighborhood Demographics · Census Tract 007732
Figures for the census tract this property sits in — the immediate surrounding neighborhood (roughly ½–2 sq. mi). For distance‑based totals, see the 1 / 3 / 5‑mile rings below.
8,012
Population
$61,035
Median Household Income
34
Median Age
2,471
Households
$262,800
Median Home Value
Household Income of 2,471 households
<$50k1,031 42%
$50–100k880 36%
$100–150k236 10%
$150k+324 13%
Age of 8,012 residents
Under 182,091 26%
18–341,969 25%
35–542,033 25%
55–641,240 15%
65+679 8%
Trade-Area Rings · Distance from Property
Everyone living within a straight‑line radius of the property — the classic retail trade area. Each ring is cumulative (the 3‑mile total includes the 1‑mile).
1 Mile
23,043
population
8,085 households
$89,987 avg income
3 Miles
111,456
population
39,584 households
$122,997 avg income
5 Miles
290,820
population
112,932 households
$113,259 avg income
Frontage Traffic vs. Palm Beach County's Busiest Roads
This property fronts State Road 7. Below, its measured daily traffic (FDOT count) is compared to five of the county's busiest roads — I‑95, Florida Turnpike, Okeechobee Blvd, US‑1/Federal Hwy, and Military Trail (approximate peak AADT) — to show how much exposure the location gets.
54,500vehicles / day on State Road 7 (AADT)
I‑95 (interstate)255,000
Florida Turnpike95,000
Okeechobee Blvd62,000
◆ State Road 754,500
US‑1 / Federal Hwy46,000
Military Trail40,000
This frontage carries about 21% of I‑95's volume — strong major‑arterial exposure. County roads shown are approximate peak AADT.
FDOT count stations on State Road 7 54,500 AADT between BROWARD CO LINE (2025) 54,500 AADT (2025) 31,000 AADT between US-441/SR-7 (2025) 16,800 AADT between SR-7/US-441 and PALM BCH COUNTY LINE (2025)
Risk & Incentives
⚠ Flood Zone AO · SFHA⚠ In Flood Hazard AreaNot an Opportunity Zone
Proximity
✈ Airports
Palm Beach Intl (PBI)31.5 mi43 min drive
Ft. Lauderdale (FLL)26.9 mi38 min drive
Miami Intl (MIA)37.4 mi
⚓ Seaports
Port of Palm Beach32.2 mi
Port Everglades18 mi
PortMiami38.6 mi
Appraiser Data
Parcel Control No.00414736100010000
Building UseOFFICE BLDG L/R
DOR Use Code1700 — OFFICE BLDG-NON MEDICAL 1 TO 3 STORIES
MunicipalityBOCA RATON
SubdivisionSTATE ROAD 7 COMFE CHURCH
Assessed Value$7,531,994
Land Value$2,995,625
Improvement Value$4,375,480
Total Taxable Value$7,097,540
Land UseOFFICE BLDG-NON MEDICAL 1 TO 3 STORIES
Legal Description
STATE ROAD 7 COMFE CHURCH
Source: Palm Beach County Appraiser Records
Photo
1 / 4
Lease Rate
$24.00 /SF/YR
Extended Unit Specifications
Suite2nd Floor, Ste 205
AvailableNow
Clear Height—
Drive-In Bays—
Dock-High Bays—
Office SF—
Restrooms—
Parking Ratio—
Op. Expenses—
Request Information
Listing Courtesy of Investments Limited
DT
Daron Tersakyan
Investments Limited
More available units in this building · 23123 State Road 7