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.
- State:
- FL
- County:
- Broward
- City:
- Fort Lauderdale
- Zipcode:
- 33319
- Street:
- 7100 W Commercial Blvd, Lauderhill, Florida 33319
- Longitude:
- W81° 45' 14''
- Latitude:
- N26° 11' 34.7''
- Building Area:
- 33,178 Sqft
- Cumulative DOM:
- 357
- DOM:
- 379
- Internet Address Display:
- 1
- Internet Listing Display:
- 1
- Parcel Number:
- 494115140080
- Structure Type:
- Office
- Tax Annual Amount:
- $59,181
- Virtual Tour:
- Click Here
Commercial Sale For Sale
7100 W Commercial Blvd, Lauderhill, Florida 33319, Fort Lauderdale, Florida 33319
- Property Type :
- Commercial Sale
- Listing Type :
- For Sale
- Price :
- $7,250,000
- Year Built :
- 1984
- Lot Area :
- 115,998 Sqft
- MLS # :
- A11733784
- Property Sub Type :
- Office
