Commercial Real Estate

CommercialSaleOfficeFLFort Lauderdale7100, Commercial Blvd, Fort Lauderdale, FL, 33319

7100 W Commercial Blvd

7100, Commercial Blvd, Fort Lauderdale, FL, 33319
    $7,250,000
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    Basics

    • Category:
    • Type:
    • Status:
    • Bathrooms: 0
    • Lot size: 115998, 115998 sq ft
    • Year built: 1984
    • County: Broward
    • MLS ID: A11733784

    Description

    • Description:

      COMMERCIAL BOULEVARD SHOPPES NO 2 107-43 B LOT 8,9 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.

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    Building Details

    • Structure Type: Office
    • Covered Spaces: 0

    Expenses, Fees & Taxes

    • Tax Annual Amount: $59,181

    Miscellaneous

    • List Office Name: RE/MAX 5 Star Realty

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    This -type commercial real estate is located in 7100, Commercial Blvd, Fort Lauderdale, FL, 33319 was built in 1984, and is listed at $7,250,000.

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