Second-Floor Office
For Sale
Contact for pricing
5300 W Hillsboro Blvd, Coconut Creek, FL 33441
Three private windowed offices support office or medical use.
Property Size950 SF
Price / SF$395
Days on Market61
Property Features for 5300 W Hillsboro Blvd
General Information
Standard status
Active
Size
950 SF
Class
A
Property subtype
Office
Lease Type
Modified Gross
Additional Details
Floor
2
Utilities to Site
Yes
Office Units
1
Building Details
Units
1
Tenancy
Multi
Listing Agency:
SVN Commercial Partners
Listed By:
Henry Gluckstern · License #BK543762
Source:
Crexi
Added: Aug 17
Changed: Oct 10
Last Checked: Oct 14 at 11:11PM
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 SVN Commercial Partners
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Investment Insights
Based on property information with market context.
Located on the second floor, this 950-square-foot office suite includes three private offices with windows and one ADA-compliant restroom. Recent improvements include new flooring and fresh paint, creating a refreshed interior for professional occupancy. The layout is suited to office or medical use.
The suite is at 5300 W Hillsboro Blvd in Coconut Creek, FL. The occupant is responsible for electricity, janitorial service, and internet, while water and sewer are included.
The suite is at 5300 W Hillsboro Blvd in Coconut Creek, FL. The occupant is responsible for electricity, janitorial service, and internet, while water and sewer are included.
Key Highlights
- 950‑square‑foot second‑floor office suite
- Three private offices with windows
- One ADA restroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$25,180
Cap Rate
6.71%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$503,600
$503.6K
Cap Rate 7%
$359,714
$359.7K
Cap Rate 9%
$279,778
$279.8K
Market Conditions
NOI Build-Up for 950 SF
Gross rent
$43.3K $45.60/SF
− Vacancy
−$9.7K −$10.26/SF
EGI
$33.6K $35.34/SF
− OpEx
−$8.4K −$8.84/SF
NOI
$25.2K $26.51/SF
Area
Broward County, FL
Vacancy
22.50%
Lease Rate
$45.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$503,600
Cap Rate 7%
$359,714
Cap Rate 9%
$279,778
Alternative Uses
Best Use
Office B
$359.7K
$314.8K – $419.7K
NOI $25,180 @ 7.0% cap · market cap 6.71%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$482.0K
$421.7K – $562.3K
NOI $33,738 @ 7.0% cap · market cap 8.99%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
1
Office units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
1,544
Businesses Nearby
Explore this area
Business Placement
Demographics for 33441, FL
29,311
Population
15,225
Households
1.9
Avg Household Size
43
Median Age
28%
College-Educated
88%
High-School Grad
4.8 sq mi
ZIP Area
6,106
Density / Sq Mi
$57,257
Median Household Income
$35,163
Median Earnings
$1,544
Median Rent
$381,700
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office units - Three private windowed offices support office or medical use.
Where is this office units located?
The property is located at 5300 W Hillsboro Blvd Coconut Creek, FL.
What is the asking price?
The asking price for this property is $375,250.
What are key features of this property?
This property features: 950‑square‑foot second‑floor office suite; Three private offices with windows; One ADA restroom
