Office Suite in Business
For Sale
Contact for pricing
7451 WILES Road #202, Coral Springs, FL 33067
Office suite with lobby, five private offices, break room, and private bathroom within a business center built in 2006.
Property Size1,633 SF
Price / SF$0.01
Days on Market96
Property Features for 7451 WILES Road #202
General Information
Standard status
Active
Size
1,633 SF
Property subtype
Business
Building Details
Year Built
2007
Listing Agency:
American Realty Network LLC
(561) 565-7330
Listed By:
Eric Erkan Nur · License #3521409
(561) 702-3795
Source:
Lehmannflorida
Added: Jul 17
Changed: Oct 19
Last Checked: Oct 19 at 10:38AM
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 American Realty Network LLC
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Investment Insights
Based on property information with market context.
Rarely available 1,076 SF office suite in Whispering Woods Business Center. The space includes a lobby/waiting room, five private offices, a break room, and a private bathroom, providing a straightforward layout for professional use. Built in 2006, the suite is available now.
The suite is located at 7451 Wiles Road Unit 202 in the Coral Springs/Parkland area. The listing notes a NNN lease structure, with pricing described as $17 PSF base plus CAM.
This configuration supports a traditional office workflow with multiple private offices plus dedicated common entry space, along with break and restroom facilities within the suite.
The suite is located at 7451 Wiles Road Unit 202 in the Coral Springs/Parkland area. The listing notes a NNN lease structure, with pricing described as $17 PSF base plus CAM.
This configuration supports a traditional office workflow with multiple private offices plus dedicated common entry space, along with break and restroom facilities within the suite.
Key Highlights
- Rarely available 1,076 SF office suite in Whispering Woods Business Center
- Includes lobby/waiting room, five private offices, break room, and private bathroom
- Year built: 2007 (business center built in 2006)
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$153,594
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,071,880
$3.1M
Cap Rate 7%
$2,194,200
$2.2M
Cap Rate 9%
$1,706,600
$1.7M
Market Conditions
NOI Build-Up for 1,633 SF
Gross rent
$261.2K $159.96/SF
− Vacancy
−$56.4K −$34.55/SF
EGI
$204.8K $125.41/SF
− OpEx
−$51.2K −$31.35/SF
NOI
$153.6K $94.06/SF
Area
Coral Springs, FL
Vacancy
21.60%
Lease Rate
$159.96 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,071,880
Cap Rate 7%
$2,194,200
Cap Rate 9%
$1,706,600
Alternative Uses
Best Use
Office B
$2.19M
$1.92M – $2.56M
NOI $153,594 @ 7.0% cap · market cap 903,494.12%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$2.78M
$2.44M – $3.25M
NOI $194,932 @ 7.0% cap · market cap 1,146,658.82%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
132
Businesses Nearby
Explore this area
Business Placement
Demographics for 33067, FL
27,564
Population
8,994
Households
3.1
Avg Household Size
40
Median Age
56%
College-Educated
96%
High-School Grad
9.9 sq mi
ZIP Area
2,784
Density / Sq Mi
$132,385
Median Household Income
$61,744
Median Earnings
$2,128
Median Rent
$652,000
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 unit - Office suite with lobby, five private offices, break room, and private bathroom within a business center built in 2006.
Where is this office unit located?
The property is located at 7451 WILES Road #202 Coral Springs, FL.
What are key features of this property?
This property features: Rarely available 1,076 SF office suite in Whispering Woods Business Center; Includes lobby/waiting room, five private offices, break room, and private bathroom; Year built: 2007 (business center built in 2006)
