Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Luxury Office Suite For Rent Title is generated by Realmo AI

    4855 West Hillsboro Boulevard Unit 1B, Coconut Creek, FL 33073

    View on Map
    Claim this Listing
    For Lease
    Contact for pricing

    Luxury office suite designed for real estate and loan professionals.

    Type:Commercial Lease / Mixed Use
    Property size:
    1,429 SF
    Added:
    Jul 11, 2024
    Days on Market:
    692
    Last Refresh:
    Mar 24 at 2:49 am

    Property Features for 4855 West Hillsboro Boulevard Unit 1B

    General Information

    Standard status
    Active
    Size
    1,429 SF
    Property subtype
    Commercial Lease / Mixed Use

    We can help!

    Listing Contact
    Juslin Alfred

    Listing agent Juslin Alfred License #3402743

    Listing office Quick Sale Realty

    Listing date Jul 11, 2024

    Source Compass

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of Quick Sale Realty

    HighLights

    • Luxury office suites designed for professionals.
    • Includes a direct phone line for seamless communication.
    • Access to an elegantly furnished conference room.
    • Central building cooling and heating.
    • Located in a block construction building.
    • Part of a mixed‑use/warehouse structure.

    Overview

    This property offers an exceptional opportunity for real estate professionals, loan brokers, and remote professionals seeking a luxury office suite. The suites are designed to provide a prestigious environment that enhances productivity and leaves a lasting impression on clients. Each suite includes a direct phone line, ensuring seamless communication, and access to an elegantly furnished conference room, perfect for hosting important meetings. The available space is an office unit with a property size of 1429 square feet. The location is at 4855 West Hillsboro Boulevard, Unit 1B, Coconut Creek, FL 33073. These office suites offer an ideal solution for those needing a sophisticated space to meet with clients or a quiet, professional setting to work remotely. It is intended to be used as office space. It allows you to join a community of like-minded professionals in a space that reflects your success and dedication to excellence.
    Location Intelligence

    Current Use by Public Records

    Office Units

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Coconut Creek
    County
    Broward
    State
    Florida
    Longitude
    -80.1913094
    Latitude
    26.3190253

    Nearby Similar for Lease

    • $35 SF/Yr
      1,000 SF

      Coconut Creek Professional Office Space

      Renovated office space suitable for various professional uses.
      4851-4855 W Hillsboro Blvd, Coconut Creek, FL 33073
      View Details
    • $20 SF/Yr
      16,438 SF

      Upscale Office Space in Coconut Creek

      Class A office space above upscale shopping and dining center.
      4443 Lyons Road, Coconut Creek, FL, 33073
      View Details
    • $30 SF/Yr
      5,340 SF

      Medical Office Space Available

      Medical office building with suites available for lease.
      4848 Coconut Creek Parkway, Coconut Creek, FL, 33063
      View Details
    • $24 SF/Yr
      3,352 SF

      Retail Space in Coconut Creek

      Retail space available in affluent Coconut Creek trade area.
      6310-6370 N State Rd 7, Coconut Creek, FL
      View Details
    • Contact for pricing
      49,042 SF

      Renovated Flex Space in Coconut Creek

      Modern, versatile flex space with highway access and ample parking.
      4801 Johnson Rd, Coconut Creek, FL 33073
      View Details
    • Contact for pricing
      5,796 SF

      Retail Spaces at Coconut Creek

      Turn-key retail and food spaces available for immediate occupancy.
      4467 Lyons Road, Coconut Creek, Florida 33073
      View Details
    • $15 SF/Yr
      2,908 SF

      Coconut Creek Flex Space Available

      Flex space available for lease in Coconut Creek, Florida.
      4631 Johnson Road, Coconut Creek, Florida 33073
      View Details
    • $399/Mo
      1,429 SF

      Luxury Office Suite For Rent

      Luxury office suites with furnished conference room in Coconut Creek.
      4855 W Hillsboro Boulevard, Coconut Creek, FL 33073
      View Details
    • $36 SF/Yr
      775 SF

      Office Space in Coconut Creek

      Office space available for lease in Coconut Creek, Florida.
      6820 Lyons Technology Cir, Coconut Creek, FL
      View Details
    • $25 SF/Yr
      1,844 SF

      Coconut Creek Flex/Industrial Space

      Flex/industrial space available for lease in Coconut Creek, Florida.
      6855 Lyons Technology Cir, Coconut Creek, FL
      View Details
    • Contact for pricing
      10,442 SF

      Office Space For Rent

      Office building with 10,442 square feet available for rent.
      4400 West Sample Road, Coconut Creek, FL, 33066
      View Details
    • $35 SF/Yr
      2,336 SF

      Retail Space on Hillsboro Boulevard

      Retail space available for lease in Coconut Creek, Florida.
      4201-4425 W Hillsboro Blvd, Coconut Creek, FL
      View Details

    FAQs

    What type of property is this?
    Office units - Luxury office suite designed for real estate and loan professionals.
    Where is this office units located?
    The property is located at 4855 West Hillsboro Boulevard Unit 1B Coconut Creek, FL.
    What are key features of this property?
    This property features: Luxury office suites designed for professionals.; Includes a direct phone line for seamless communication.; Access to an elegantly furnished conference room.
    (954) 471-4986
    We can help!
    Listing Contact
    Juslin Alfred
    Real Estate License ID: 3402743
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    4855 West Hillsboro Boulevard, Unit 1B, Coconut Creek, FL 33073
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!