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    Professional Office Space For Sale Title is generated by Realmo AI

    5300 W Hillsboro Blvd, Coconut Creek, FL 33073

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    1,327 sq ft office space in Coconut Creek, FL.

    Type:Office
    Property size:
    1,327 SF
    Price / SF:
    $301/SF
    Added:
    Oct 27, 2023
    Days on Market:
    956
    Last Refresh:
    May 12 at 8:28 pm

    Property Features for 5300 W Hillsboro Blvd

    General Information

    Standard status
    Active
    Size
    1,327 SF
    Property subtype
    Office

    Building Details

    Year Built
    2007

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    Listing Contact
    Gilbert Sang

    Listing agent Gilbert Sang License #FL 686745

    Listing office United Realty Group, Inc

    Listing date Oct 27, 2023

    Source Crexi

    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 United Realty Group, Inc

    HighLights

    • Convenient location near West Boca Medical Center, Walmart, and residential communities.
    • Easy access to Sawgrass Expressway and major highways.
    • Subdividable 1,327 sq. ft. office space.
    • Professional office park environment.
    • Ample surface parking.
    • Elevator access to the second floor.

    Overview

    This 1,327 sq. ft. office space is located in a professional office park. The park features a courtyard and elevator access to the second floor. The office space is subdividable. The property is ideally located near the West Boca Medical Center, a super Walmart, and residential communities. It also offers easy access to the Sawgrass Expressway and other major highways. Surface parking is available. The property is located in Coconut Creek, FL.

    Local Financial Insights For Office B

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $60.5k $45.60
    − Vacancy −$13.6k −$10.26
    EGI $46.9k $35.34
    − OpEx −$11.7k −$8.84
    NOI $35.2k $26.51
    1,327 SF · lease $45.60/SF/yr · vacancy 22.50% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $502.5K
    $439.7K – $586.2K (±1% cap)
    NOI $35,172 @ 7.0% cap · market cap 8.79%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $673.2K
    $589.1K – $785.5K (±1% cap)
    NOI $47,127 @ 7.0% cap · market cap 11.78%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Office Units

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Coconut Creek
    County
    Broward
    State
    Florida
    Longitude
    -80.1962105
    Latitude
    26.3165576

    FAQs

    What type of property is this?
    Office units - 1,327 sq ft office space in Coconut Creek, FL.
    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 $399,999.
    What are key features of this property?
    This property features: Convenient location near West Boca Medical Center, Walmart, and residential communities.; Easy access to Sawgrass Expressway and major highways.; Subdividable 1,327 sq. ft. office space.
    More about this property
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