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    1201-1475 Cypress Creek Rd Fort Lauderdale, FL 33309

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    For Lease
    Contact for pricing

    Prime FL Executive Suites, 135K+ SF Vacant

    Lot size:
    127,913 SF

    Property Features for 1201-1475 Cypress Creek Rd

    General Information

    Property type
    Office Units
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    127,913 SF
    Class
    A

    Building Details

    Buildings
    6
    Stories
    2

    Spaces For Lease

    at 1201-1475 Cypress Creek Rd, Fort Lauderdale, FL 33309 Contact us
    Unit 1401 W Cypress Creek Rd, Suite 101

    $18 /Mo

    Size
    13,410 SF
    Contact us
    Unit 1451 W Cypress Creek Rd, Suite 200

    $204 /Mo

    Size
    6,841 SF
    Contact us
    Unit 1451 W Cypress Creek Rd, Suite 212

    $17 /Mo

    Size
    5,911 SF
    Contact us
    Unit 1475 W Cypress Creek Rd, Suite 200

    $17 /Mo

    Size
    5,193 SF
    Contact us
    Unit 1451 W Cypress Creek Rd, Suite 211

    $17 /Mo

    Size
    3,776 SF
    Contact us
    Unit 1451 W Cypress Creek Rd, Suite 207

    $17 /Mo

    Size
    2,330 SF
    Contact us
    Unit 1415 W Cypress Creek Rd,Full 2nd FL(202)

    $17 /Mo

    Size
    46,927 SF
    Contact us
    Unit 1415 W Cypress Creek Rd, Full 1st Floor

    $17 /Mo

    Size
    43,525 SF
    Contact us
    Show more

    We can help!

    Listing Contact
    Ronald Schagrin
    Ronald Schagrin

    Listing Agency: Colliers | Fort Lauderdale Listing Agent: Ronald Schagrin

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    Crown Center, a prestigious Class A office campus in Fort Lauderdale, Florida, presents a unique investment opportunity. This 24-acre site boasts six low-rise buildings totaling over 90,000 contiguous square feet, with 135,724 square feet currently vacant. The property is situated on Cypress Creek Road, directly west of I-95, offering unparalleled access to major transportation arteries. Its strategic location provides proximity to numerous restaurants, hotels, and the Fort Lauderdale Executive Airport, the eighth-busiest general aviation center in the US. The campus features a variety of amenities designed to enhance tenant experience, including an on-site cafe, ample parking, and electric vehicle charging stations. Individual suites are available, with a minimum divisible space of 5,193 square feet. The property is zoned AIP and benefits from professional on-site property management. The buildings are two stories high, although elevators are not present. This exceptional executive office space caters to multiple tenants and offers a vibrant, green campus environment. The property's size and location make it ideal for a variety of businesses seeking a prestigious and convenient address in Broward County. This is a rare opportunity to acquire a significant footprint in a highly sought-after location.
    Property Profile Location Intelligence

    Current Use by Public Records

    Office Units

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Fort Lauderdale
    County
    Broward
    State
    Florida
    Longitude
    -80.160389
    Latitude
    26.2041782

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    FAQs

    What type of property is this?
    Office units - Prime FL Executive Suites, 135K+ SF Vacant
    Where is this office units located?
    The property is located at 1201-1475 Cypress Creek Rd Fort Lauderdale, FL.
    What is the lease rate?
    The lease rate is $17-$204 SF/Yr.
    What are key features of this property?
    This property features: 2,330 SF - 90,500 SF of available space; Class A office space with high-end finishes; LEED-certified green building
    (954) 214-2279 Call to check price and availability
    Request Owner's contact information
    1201-1475 Cypress Creek Rd Fort Lauderdale, FL 33309
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    Fort Lauderdale, FL 33309
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    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
    1201-1475 Cypress Creek Rd Fort Lauderdale, FL 33309
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    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Ronald Schagrin
    Ronald Schagrin
    Real Estate License ID: 515798
    (954) 214-2279 (954) 652-4605 (954) 652-4600
    Learn more
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