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🏪 for Lease: 2,400 SF Storefront in Boca Raton · #11109

📍 2900 Federal Hwy · 1st Floor, Ste 2910-B · Boca Raton, FL 33431
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Quick Unit Specs
2,400 SF Sq Ft
Retail / Storefront Type
Available Status
Listing Type
$40.00 /SF/YR Lease Rate
$8,000/mo Monthly Rate
Negotiable Lease Terms
Lease Type
Asking Price
Price / SF
Cap Rate
NOI
Condition
Power
HVAC
6 spaces Estimated Parking
Yard
Building Specifications
CityBoca Raton, FL
ZIP Code33431
ZoningRB1
Year Built1963
Use TypeSTRIP SHOPPING
Center TypeNeighborhood Center
Gross Leasable Area41,130 SF
Total Building SF30,444 SF
Total Available2,400 SF
Land Area3.50 AC
Frontage205’ on Federal Hwy
Stories01 Floor
Lot Size76,056 SF
Parking (building)110 Spaces
ConstructionSTUCCO ON MASON
AmenitiesPylon Sign
Walk Score70/100
Exterior WallSTUCCO ON MASON
FoundationFIRE RESIS
HVACCENTRAL
Park/ComplexElegance Plaza
Space Description & Highlights
Highlights:
• Lease rate does not include utilities, property expenses or building services
Building Description
Elegance Plaza has excellent frontage along N Federal Highway! Located in a high traffic area and in close proximity to numerous oceanfront high-rise condominiums and residential developments. In close proximity to the intersection of NE Spanish River Blvd and N Federal Hwy, with a traffic count of 38,234. Visible pylon signage available.
Pylon Sign
Investment Highlights
Great visibility along N Federal Hwy. Close proximity to I-95, Boca Raton Airport, and FAU. Walking distance to hotels, restaurants, and retailers.
Trade-area demographics
Population
5,570
Households
2,341
Median income
$78,938
Median home value
$443,800
Walk Score
70
Trade area (1 / 3 / 5 mi)
1 mi3 mi5 mi
Population11,65860,121163,322
Households4,63326,21172,059
Avg income$125,153$152,747$140,555
Household income (purchasing power)
< $50k34%
$50–100k19%
$100–150k26%
$150k+21%
Traffic count (frontage)
30,000 cars/day (AADT)
Nearby: 18,400 · END OF BRIDGE 860594 | 5,900 · NW BOCA RATON BLVD/N

Neighborhood Demographics · Census Tract 007302

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.
5,570
Population
$78,938
Median Household Income
52
Median Age
2,341
Households
$443,800
Median Home Value
Household Income of 2,341 households
<$50k801 34%
$50–100k434 19%
$100–150k603 26%
$150k+503 21%
Age of 5,570 residents
Under 18927 17%
18–341,086 19%
35–54960 17%
55–641,407 25%
65+1,190 21%

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
11,658
population
4,633 households
$125,153 avg income
3 Miles
60,121
population
26,211 households
$152,747 avg income
5 Miles
162,446
population
71,530 households
$141,173 avg income

Frontage Traffic vs. Palm Beach County's Busiest Roads

This property fronts Federal Hwy. 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.
30,000vehicles / day on Federal Hwy (AADT)
I‑95 (interstate) 255,000
Florida Turnpike 95,000
Okeechobee Blvd 62,000
US‑1 / Federal Hwy 46,000
Military Trail 40,000
◆ Federal Hwy 30,000
This frontage carries about 12% of I‑95's volume — solid commercial‑corridor traffic. County roads shown are approximate peak AADT.
FDOT count stations on Federal Hwy
30,000 AADT (2025)
18,400 AADT between END OF BRIDGE 860594 and SR-794/YAMATO RD (2025)
5,900 AADT between NW BOCA RATON BLVD/N and N DIXIE HWY (2025)
Risk & Incentives
🌊 Flood Zone X · minimal ✓ Not in Flood Hazard Not an Opportunity Zone
Proximity
✈ Airports
Palm Beach Intl (PBI) 21.1 mi
Ft. Lauderdale (FLL) 21.6 mi
Miami Intl (MIA) 42.3 mi
⚓ Seaports
Port of Palm Beach 27.7 mi
Port Everglades 20.5 mi
PortMiami 42.1 mi
Appraiser Data
Parcel Control No.06434717000001090
Building UseSTRIP SHOPPING
DOR Use Code1100 — STORES
MunicipalityBOCA RATON
Assessed Value$7,116,736
Land Value$3,035,512
Improvement Value$4,004,860
Total Taxable Value$7,087,260
Land UseSTORES
Legal Description
17-47-43, W 190 FT OF S 400.40
Sale History
Sale 1$100 · 12/2000
Source: Palm Beach County Appraiser Records
Lease Rate
$40.00 /SF/YR
Extended Unit Specifications
Suite 1st Floor, Ste 2910-B
Available
Clear Height
Drive-In Bays
Dock-High Bays
Office SF
Restrooms
Parking Ratio 2.67/1,000 SF
Op. Expenses
Request Information
Listing Courtesy of Investments Limited
DT
Daron Tersakyan
Investments Limited