Freestanding Office Building
1565 N Park Drive 104 Weston, FL 33326
New
1565 N Park Drive 104, Weston, FL, 33326
$1,750,000
For Sale
$1,750,000
Freestanding office building offering five individual suites with shared entry and bathrooms on a professional campus.
Property Size5,486 SF
Price / SF$318.99
Days on Market2
Property Features for 1565 N Park Drive 104
General Information
- Standard status
- Active
- Size
- 5,486 SF
Building Details
- Year Built
- 2000
Listing agency
Box Real Estate LLC
(954) 857-1884
Listed by
Jason Chamely · License #B26035134
Source
Mymiahomes
Added: Jul 20 Updated: Jul 21 at 6:16AM Checked: Jul 21 at 6:16AM
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.
This freestanding office building consists of 5 individual suites within 1565, all sharing a common entry and bathrooms. The suites range from 700 to 1,225 square feet, and the property is currently 100% occupied with mixed office and light medical use.
The building is located within the Intercontinental Professional Center in Weston, approximately 1.3 miles from I-75 and 1.5 miles from the Cleveland Clinic campus. The wider campus includes a courtyard area with fountains, along with ample parking and landscaped grounds, with nearby access to restaurants and shops.
As one of 6 buildings in the campus, the property offers a compact, suite-based configuration suitable for tenants seeking separate office or light medical space within a shared building common area.
The building is located within the Intercontinental Professional Center in Weston, approximately 1.3 miles from I-75 and 1.5 miles from the Cleveland Clinic campus. The wider campus includes a courtyard area with fountains, along with ample parking and landscaped grounds, with nearby access to restaurants and shops.
As one of 6 buildings in the campus, the property offers a compact, suite-based configuration suitable for tenants seeking separate office or light medical space within a shared building common area.
Key Highlights
- 5,486 SF freestanding office building at the Intercontinental Professional Center in Weston
- Divided into 5 individual suites sharing a common entry and bathrooms
- Suite sizes range from 700 SF to 1,225 SF
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 |
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
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FAQs
What type of property is this?
Office units - Freestanding office building offering five individual suites with shared entry and bathrooms on a professional campus.
Where is this office units located?
The property is located at 1565 N Park Drive 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 the Intercontinental Professional Center in Weston; Divided into 5 individual suites sharing a common entry and bathrooms; Suite sizes range from 700 SF to 1,225 SF
