Turnkey Professional Office
For Sale
Contact for pricing
13901 U.S 1 #10, Juno Beach, FL 33408
Office Unit 10 in the Park Place Office Building is offered as a turnkey professional suite on U.S. 1.
Property Size20,000 SF
Price / SF$0.00
Days on Market99
Property Features for 13901 U.S 1 #10
General Information
Standard status
Active
Size
20,000 SF
Property subtype
Office
Building Details
Year Built
1985
Listing Agency:
Johnston Group Real Estate Serv
(561) 691-4522
Listed By:
Zachary Pergeorelis · License #3423565
(561) 262-0846
Source:
Lehmannflorida
Added: Jul 22
Changed: Oct 27
Last Checked: Oct 28 at 7:34AM
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 Johnston Group Real Estate Serv
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Investment Insights
Based on property information with market context.
Unit 10 is a turnkey office suite in the Park Place Office Building, presented as a ready-to-occupy professional setting. The suite is positioned to serve a range of professional uses, including medical practices, wealth management, legal services, bookkeeping and accounting, real estate brokerage operations, and luxury consulting.
The property is located at 13901 U.S. 1 in Juno Beach, within a coastal community where new commercial development is described as intentionally limited. This setting is offered as a high-barrier market for professionals seeking a U.S. 1 address in Northern Palm Beach County’s coastal area.
The property is located at 13901 U.S. 1 in Juno Beach, within a coastal community where new commercial development is described as intentionally limited. This setting is offered as a high-barrier market for professionals seeking a U.S. 1 address in Northern Palm Beach County’s coastal area.
Key Highlights
- Office Unit 10 in the Park Place Office Building
- Turnkey professional suite offered for business use
- Located on U.S. 1 in a coastal Juno Beach commercial setting
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$263,520
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,270,400
$5.3M
Cap Rate 7%
$3,764,571
$3.8M
Cap Rate 9%
$2,928,000
$2.9M
Market Conditions
NOI Build-Up for 20,000 SF
Gross rent
$480.0K $24.00/SF
− Vacancy
−$40.8K −$2.04/SF
EGI
$439.2K $21.96/SF
− OpEx
−$175.7K −$8.78/SF
NOI
$263.5K $13.18/SF
Area
Palm Beach County, FL
Vacancy
8.50%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,270,400
Cap Rate 7%
$3,764,571
Cap Rate 9%
$2,928,000
Alternative Uses
Best Use
Office B
$7.57M
$6.63M – $8.84M
NOI $530,100 @ 7.0% cap · market cap 1,767,000.00%
Second Best
Healthcare Medical
$3.76M
$3.29M – $4.39M
NOI $263,520 @ 7.0% cap · market cap 878,400.00%
Theoretical Best
Office A
$14.09M
$12.32M – $16.43M
NOI $985,958 @ 7.0% cap · market cap 3,286,526.67%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
217
Businesses Nearby
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Business Placement
Demographics for 33408, FL
18,965
Population
13,490
Households
1.4
Avg Household Size
58
Median Age
52%
College-Educated
96%
High-School Grad
6.8 sq mi
ZIP Area
2,789
Density / Sq Mi
$91,390
Median Household Income
$65,606
Median Earnings
$1,885
Median Rent
$502,900
Median Home Value
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office unit - Office Unit 10 in the Park Place Office Building is offered as a turnkey professional suite on U.S. 1.
Where is this office unit located?
The property is located at 13901 U.S 1 #10 Juno Beach, FL.
What are key features of this property?
This property features: Office Unit 10 in the Park Place Office Building; Turnkey professional suite offered for business use; Located on U.S. 1 in a coastal Juno Beach commercial setting
