1565 N Park Drive # 104 Weston, FL 33326
Freestanding office building with five individually suited spaces, currently leased with office and light medical tenants.
- Added:
- May 3, 2025
- Days on Market:
- 437
- Last Refresh:
- Jun 20 at 3:16 am
Property Features for 1565 N Park Drive # 104
General Information
- Standard status
- Active
- Size
- 5,486 SF
- Property subtype
- Business for Sale, Office, Retail, Industrial
Building Details
- Year Built
- 2000
Listing office Box Real Estate LLC
Listing date May 3, 2025
Source Crexi
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.
The property sits within a campus setting that includes a courtyard area with fountains, along with ample parking and lush landscaping. The campus is approximately 1.3 miles from I-75 and about 1.5 miles from the Cleveland Clinic campus, placing the building within a convenient drive of major destinations and local retail and dining.
For tenants or buyers seeking an operating property, this building is currently 100% occupied with mixed office and light medical uses. The shared entry and bathroom configuration may simplify occupancy for end users looking for dedicated suite space within a professional campus environment that already supports multiple businesses.
Key Highlights
- 5,486 SF freestanding office building in Intercontinental Professional Center (Weston)
- 1565 divided into 5 individual suites with a shared common entry and bathrooms
- Suites range from 700 SF to 1,225 SF, currently 100% occupied with office and light medical tenants
Local 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 |
