Broward County, Fort Lauderdale, FL 33319
Property Type
Office
Year Built
1984
Listing courtesy of John DeMarco of RE/MAX 5 Star Realty.
This prime location offers signage, excellent visibility and accessibility, positioned along a bustling commercial corridor with proximity to major roadways such as Florida’s Turnpike and University Drive. The property comprises 33,178 SF of office space, situated on a 115,998 SF lot with 85 parking spaces, offering a total of 20 units within this corporate center. The property also offers 7,000 SF of contiguous space, ideal for an owner-user while maintaining income from the remaining tenants. Currently 78% occupied by twelve tenants, the property generates $341,276 annually with a 4.7% actual capitalization rate. An investor can lease out the vacant units at market rates to increase the annual net income to $585,980.87, providing a strong 8.1% cap rate. This prime location and value-driven pricing make it an unparalleled opportunity for investors.
2.66 Acres
Fort Lauderdale
A11733784
Broward County
Office
1984
Office
1984
CG
Broward County
florida
Total$38,005.03/Month
*The values provided are approximate. For more precise information, please contact a BHS agent who can offer further assistance.
7100 W Commercial Blvd, Fort Lauderdale, FL
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Broward County, Florida offers a dynamic mix of coastal beauty, cultural attractions, and year-round recreation. Residents can enjoy miles of beaches, the scenic Intracoastal Waterway…
Information is deemed reliable but is not guaranteed and should be independently verified.