Ground Floor Corner Office
For Sale
Contact for pricing
7551 WILES Road #101, Coral Springs, FL 33067
Class A corner office suite with new wood-like flooring, impact windows, and a mostly open layout plus private offices.
Property Size1,800 SF
Price / SF$2.22
Days on Market90
Property Features for 7551 WILES Road #101
General Information
Standard status
Active
Size
1,800 SF
Class
A
Property subtype
Office
Building Details
Year Built
2007
Listing Agency:
RE/MAX Direct
(954) 426-5400
Listed By:
Carlos A. Caicedo · License #3097908
(754) 368-0783
Source:
Lehmannflorida
Added: Jul 23
Changed: Oct 19
Last Checked: Oct 19 at 9:12AM
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 RE/MAX Direct
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Investment Insights
Based on property information with market context.
Class A ground floor corner office suite located in Whispering Woods Business Center. Suite #101 offers a spacious floor plan totaling 1,900 SF+/-. Interior improvements include new wood-like floors throughout and impact windows. The layout features a lobby or waiting room, a mostly open large main room, three private offices, a private kitchen, and a private bathroom.
The property is described as a centrally located office/condo unit in the Coral Springs/Parkland area, built in 2007. The listing notes that water and common area are included, and that as per association rules medical use is not permitted. The lease rate provided is $18/SF base plus $10.60 for CAM and operating expenses.
The property is described as a centrally located office/condo unit in the Coral Springs/Parkland area, built in 2007. The listing notes that water and common area are included, and that as per association rules medical use is not permitted. The lease rate provided is $18/SF base plus $10.60 for CAM and operating expenses.
Key Highlights
- Ground‑floor corner unit #101 at Whispering Woods Business Center, totaling 1,900 SF +/-
- Built in 2007; Class A office space with a spacious floor plan and mostly open large room
- New wood‑like floors throughout plus impact windows
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$169,302
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,386,040
$3.4M
Cap Rate 7%
$2,418,600
$2.4M
Cap Rate 9%
$1,881,133
$1.9M
Market Conditions
NOI Build-Up for 1,800 SF
Gross rent
$287.9K $159.96/SF
− Vacancy
−$62.2K −$34.55/SF
EGI
$225.7K $125.41/SF
− OpEx
−$56.4K −$31.35/SF
NOI
$169.3K $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%
$3,386,040
Cap Rate 7%
$2,418,600
Cap Rate 9%
$1,881,133
Alternative Uses
Best Use
Office B
$2.42M
$2.12M – $2.82M
NOI $169,302 @ 7.0% cap · market cap 4,232.55%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$3.07M
$2.69M – $3.58M
NOI $214,866 @ 7.0% cap · market cap 5,371.65%
Zoning and permitted uses should be independently verified with authorities.
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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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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office unit - Class A corner office suite with new wood-like flooring, impact windows, and a mostly open layout plus private offices.
Where is this office unit located?
The property is located at 7551 WILES Road #101 Coral Springs, FL.
What are key features of this property?
This property features: Ground‑floor corner unit #101 at Whispering Woods Business Center, totaling 1,900 SF +/-; Built in 2007; Class A office space with a spacious floor plan and mostly open large room; New wood‑like floors throughout plus impact windows
