Listed by American Realty Network LLC
$6,600,000
7451 Wiles Road
Details
APN 484111AA0140
Property Type Retail, Office
Square Footage 24,340
Net Rentable (SqFt) 21,500
Units 13
Cap Rate 5.02%
NOI $331,333
Occupancy 87%
Tenancy Multi
Price per SqFt $271
Broker Co-Op Yes
Year Built 2007
Stories 2
Parking Spaces 80 spaces
Parking Per SqFt 3.29
Investment Type Net Lease
Ground Lease No
Business for Sale | 5.02% CAP | 24,340 SqFt
Marketing description
Introducing Whispering Woods Center, a premier multi-tenant professional and medical office building located at 7451 Wiles Road in the heart of Coral Springs. Built in 2007, this well-maintained property offers modern construction and a stable tenant profile in one of the area’s most established commercial corridors.The property consists of 13 suites, 10 of which are currently occupied by primarily professional and medical tenants, providing consistent and predictable income. All tenants operate under NNN (Triple Net) lease structures, covering their proportionate share of operating expenses including property taxes, insurance, and common area maintenance. This lease structure creates a more passive investment profile with limited landlord expense exposure. Rent roll upon request.
Investment highlights
Offered at $6,600,000
5% Cap Rate
13 total suites | 10 currently leased
Predominantly professional and medical tenant mix
NNN (Triple Net) leases – tenants pay operating expenses including taxes, insurance, and CAM
Built in 2006 – modern construction with minimal deferred maintenance
Strong in-place income with upside through lease-up of remaining suites
High-visibility location on heavily traveled Wiles Road
Ample on-site parking
Located in a strong Broward County demographic corridor
Listing Contacts
Listed by American Realty Network LLC
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$331,333.00
$27,611.08/mo
Valuation Metrics
0
DSCR
5.02%
Cap Rate
5.02%
ROI
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