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15116384
15116374

200 W Cypress Creek Rd, Fort Lauderdale, FL 33309

TA
FL SL3132321
DWNTWN Realty Advisors
DM
3401802, FL
DWNTWN Realty Advisors
Listed by DWNTWN Realty Advisors
$21,995,000
840 days on market
Updated 30 days ago

The Gateway at Cypress - Value-Add Transit-Oriented Office

Details
Property Type Office
Sub Type Traditional Office
Square Footage 121,761
Cap Rate 8.71%
Occupancy 18%
Price per SqFt $181
Class A
Year Built 1983
Year Renovated 2022
Stories 6
Acreage 3.030

Office | 8.71% CAP | 121,761 SF

Marketing description

DWNTWN Realty Advisors has been retained exclusively by ownership to arrange the sale of 200 W Cypress Creek Road in Fort Lauderdale, FL. The property is a Class A Office spanning 121,7614 SF on a 3.03 AC lot with ample parking. This building is strategically located at the halfway point between West Palm Beach and Miami where major roads such as I-95, N Andrews , and W Cypress Creek Rd intersect. The property’s ideal location is directly on the I-95 ramp, which provides high visibility both North and South. In addition, it is within close proximity to the FLL International Airport, the Fort Lauderdale Executive Airport and is connected to the Cypress Creek Tri-Rail station. The Tri-Rail provides intermodal access from West Palm Beach to Miami. This building provides an incredible opportunity for an administrative value-add with limited CAPEX into outsized returns, making it the ideal investment for an experienced office operator. It can also be delivered vacant for corporate HQ with a signage opportunity. Cypress Creek is a corporate office destination due to its proximity to Broward and Dade.

Investment highlights

• Transit-Oriented Office Building At A Compelling Basis

• Administrative Value-Add With Limited CAPEX To Outsized Returns

• Directly Adjacent to the Tri-Rail Station, FLL International Airport, Fort Lauderdale Executive Airport & I-95

• Centrally Located Between Miami-Dade, Broward, and Palm Beach Counties

Listing Contacts

TA
FL SL3132321
DWNTWN Realty Advisors
DM
3401802, FL
DWNTWN Realty Advisors
Listed by DWNTWN Realty Advisors

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