Freestanding Medical Office
1565 N Park #104 Weston, FL 33326
For Sale
$1,750,000
Freestanding building with five office suites and shared entry, currently 100% occupied by office and light medical tenants.
Property Size5,486 SF
Price / SF$318.99
Days on Market394
Property Features for 1565 N Park #104
General Information
- Standard status
- Active
- Size
- 5,486 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 2000
Listing Agency:
BOX REAL ESTATE LLC
(954) 857-1884
Listed By:
JASON CHAMELY · License #F10500162
Source:
Corcoran
Added: Jun 25, 2025
Changed: Jul 23
Last Checked: Jul 23 at 1:47AM
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 BOX REAL ESTATE LLC
Investment Insights
Based on property information with market context.
A 5,486-square-foot freestanding office building within the Intercontinental Professional Center, featuring five individual suites (Suite 104). The suites share a common entry and bathrooms, and each suite is configured within a range of approximately 700 to 1,225 square feet. The property is currently 100% occupied with a mix of office and light medical tenants.
The campus includes a courtyard area with fountains, ample parking, and lush landscaping. The location is approximately 1.3 miles from I-75 and about 1.5 miles from the Cleveland Clinic campus, with nearby restaurants and shops.
As one of six buildings in the campus, the property offers a multi-suite setup designed to support multiple tenant spaces under a single freestanding ownership arrangement.
The campus includes a courtyard area with fountains, ample parking, and lush landscaping. The location is approximately 1.3 miles from I-75 and about 1.5 miles from the Cleveland Clinic campus, with nearby restaurants and shops.
As one of six buildings in the campus, the property offers a multi-suite setup designed to support multiple tenant spaces under a single freestanding ownership arrangement.
Key Highlights
- 5,486 SF freestanding office building at Intercontinental Professional Center in Weston
- Built in 2000 and located 1.3 miles from I‑75
- Suite layout: 5 individual suites sharing a common entry and bathrooms
Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $250.2k | $45.60 |
| − Vacancy | −$56.3k | −$10.26 |
| EGI | $193.9k | $35.34 |
| − OpEx | −$48.5k | −$8.84 |
| NOI | $145.4k | $26.51 |
5,486 SF · lease $45.60/SF/yr · vacancy 22.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$2.08M
$1.82M – $2.42M
NOI $145,406 @ 7.0% cap · market cap 8.31%
Second Best
Healthcare Medical
$1.03M
$903.6K – $1.20M
NOI $72,284 @ 7.0% cap · market cap 4.13%
Theoretical Best
Office A
$2.78M
$2.44M – $3.25M
NOI $194,830 @ 7.0% cap · market cap 11.13%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Office Units
FAQs
What type of property is this?
Office units - Freestanding building with five office suites and shared entry, currently 100% occupied by office and light medical tenants.
Where is this office units located?
The property is located at 1565 N Park #104 Weston, FL.
What is the asking price?
The asking price for this property is $1,750,000.
What are key features of this property?
This property features: 5,486 SF freestanding office building at Intercontinental Professional Center in Weston; Built in 2000 and located 1.3 miles from I‑75; Suite layout: 5 individual suites sharing a common entry and bathrooms
