Property Description

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.

Address Map
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''
MLS Addon
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
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Commercial Sale For Sale

7100 W Commercial Blvd, Lauderhill, Florida 33319, Fort Lauderdale, Florida 33319

115,998 Sqft
$7,250,000
MLS # #A11733784
Basic Details
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
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