Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    LEED Gold Certified Office Building Title is generated by Realmo AI

    1875 NW Corporate Boulevard, Boca Raton, FL 33431

    View on Map
    Claim this Listing
    For Lease
    $38 SF/Yr $31,403/Mo (calc)

    Class A office building with covered parking and signage opportunities.

    Type:office.office_building
    Property size:
    9,917 SF
    Added:
    Mar 7, 2026
    Days on Market:
    92
    Last Refresh:
    Mar 7 at 7:02 pm

    Property Features for 1875 NW Corporate Boulevard

    General Information

    Standard status
    Active
    Size
    9,917 SF
    Property subtype
    office.office_building

    Building Details

    Year Built
    2009

    We can help!

    Listing Contact
    Lisa Blumer

    Listing agent Lisa Blumer

    Listing office Fort Lauderdale, FL

    Listing date Mar 7, 2026

    Source Avisonyoung

    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 Fort Lauderdale, FL

    HighLights

    • LEED® Gold Certified Class “A” Office Building
    • Open and column free office space allowing unparalleled efficiency and flexibility
    • Prominent building and monument signage opportunities
    • Covered Parking Available
    • Finished ceiling height of 11 feet at the ground floor
    • Year Built: 2009

    Overview

    This Class A office building is LEED Gold certified and features open, column-free office spaces designed for efficiency and flexibility. The ground floor offers a finished ceiling height of 11 feet, while the second and third floors provide 10-foot ceilings. Covered parking is available. The property also offers prominent building and monument signage opportunities. The building has a property size of 9917 square feet.
    Location Intelligence

    Current Use by Public Records

    Alexander Hykel - Financial ... Financial Advisor Thais Piotrowski - Private ... Financial Advisor Belayet Hossain Physician Jefferson A Ledbetter - Financial ... Financial Advisor Leo Nogueira - Associate ... Financial Advisor

    Suggested Use

    Restaurant Real Estate Agency Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Law Firm Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Boca Raton
    County
    Palm Beach
    State
    Florida
    Longitude
    -80.123037
    Latitude
    26.370765

    Nearby Similar for Lease

    • $2,600/Mo
      139,519 SF

      Move-In Ready Private Office Suites

      Furnished, 24/7 private offices with high-speed internet, reception, and free parking in a professional business setting.
      1200 N Federal, Boca Raton, FL 33432
      View Details
    • $1,500/Mo
      1,650 SF

      Hub-Style Office Suite with Utilities

      All-included coworking-style office setup with internet, utilities, furnished workspace, and shared conference-room access.
      4800 N Federal Highway, Boca Raton, FL 33431
      View Details
    • $45 SF/Yr
      1,410 SF

      Prime Automotive Retail Space Available

      High-traffic retail space ideal for automotive businesses.
      23133 Sandalfoot Plaza Dr, Boca Raton, FL 33428
      View Details
    • $5,948/Mo
      14,000 SF

      Secure Boca Raton Office Suite

      Modern office suite with secure access and ample parking.
      2799 NW 2nd Avenue, Boca Raton, FL 33431
      View Details
    • $5,300/Mo
      2,400 SF

      Boca Raton Retail Showroom

      High-end showroom in West Boca Raton retail center.
      11419 W Palmetto Park Rd, Boca Raton, FL 33428
      View Details
    • $1,000/Mo
      11,340 SF

      Executive Office Suites with 24/7 Access

      Move-in-ready private offices with 24/7 suite access, receptionist support, and shared conference facilities.
      10055 Yamato Road, Boca Raton, FL 33498
      View Details
    • $36 SF/Yr
      25,655 SF

      Move-in Ready Office Space

      Modern 1,000 SF office space in Boca Raton, FL.
      7700 Congress Avenue, Boca Raton, FL 33487
      View Details
    • $2,300/Mo
      886 SF

      East Boca Raton Office Suite

      Elegantly appointed office suite in a sought-after business corridor.
      2799 NW 2nd Avenue, Boca Raton, FL 33431
      View Details
    • $6,000/Mo

      Move-in Ready Boca Raton Office

      Prime Boca Raton office space ideal for medical or professional use.
      3785 N Federal Highway, Boca Raton, FL 33431
      View Details
    • $32 SF/Yr
      3,053 SF

      Office Space with Outdoor Lounge

      Office space offering an on-site conference facility and an outdoor tenant lounge near major commuter access.
      750 Park Of Commerce Blvd, Boca Raton, FL 33487
      View Details
    • $129-$7,946/Mo
      11-1,292 SF

      FL, Boca Raton - Glades Road (HQ)

      2255 Glades Rd, Unit 324A, Boca Raton, FL 33431
      View Details
    • Sponsored
      $129-$5,726/Mo
      11-1,292 SF

      Mizner Park

      433 Plaza Real, Unit 275, Boca Raton, FL 33432
      View Details

    FAQs

    What type of property is this?
    Office building - Class A office building with covered parking and signage opportunities.
    Where is this office building located?
    The property is located at 1875 NW Corporate Boulevard Boca Raton, FL.
    What is the lease rate?
    The lease rate is $38 SF/Yr.
    What are key features of this property?
    This property features: LEED® Gold Certified Class “A” Office Building; Open and column free office space allowing unparalleled efficiency and flexibility; Prominent building and monument signage opportunities
    (813) 417-3941
    We can help!
    Listing Contact
    Lisa Blumer
    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
    1875 NW Corporate Boulevard, Boca Raton, Florida 33431
    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!