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20264457
20264458

8870 W Oakland Park Blvd, Sunrise, FL 33351

CA
FL SL3608925
Berger Commercial Realty
JB
FL SL3444296
Berger Commercial Realty
Listed by Berger Commercial Realty
$1,100,000
607 days on market
Updated 119 days ago

TransCapitol Professional Building

Details
Property Type Office
Sub Type Medical Office
Square Footage 3,244
Units 1
Cap Rate 5.96%
NOI $65,592
Tenancy Single
Lease Type NNN
Lease Term 5
Rent Bumps Yes
Price per SqFt $339
Class B
Year Built 2009
Stories 1
Zoning B3
Investment Type Net Lease
Lease Commencement 01/31/2025
Sale Condition 1031 exchange

NNN Lease Office Condo For Sale | 5.96% CAP | 3,244 SF

Marketing description

Explore an exceptional opportunity with this prime office building in Sunrise, FL, featuring a long-standing chiropractic location under a newly signed triple net lease with 3% annual escalations. Boasting 3,244 SF of modern, well-maintained space, this property offers a lucrative investment with minimal landlord responsibilities. Built in 2009 and comprising one unit, this B3-zoned building ensures versatility for a range of professional uses. The property's strategic location in the bustling Sunrise area provides easy accessibility and visibility to tenants and clients alike. With a strong leasing history and existing tenant base, this turnkey investment promises immediate returns and long-term value for discerning office building investors.

Discover an exciting investment opportunity in the bustling city of Sunrise, FL. Located conveniently near the property, the area boasts a vibrant business community and is home to numerous dining, shopping, and entertainment options. With easy access to major roadways and public transportation, this prime location offers convenience for tenants and employees alike. Nearby landmarks such as the Sawgrass Mills Mall, BB&T Center, and the Florida Panthers IceDen provide attractions for visitors and employees. Investors in the office building sector will find the area's strong economic prospects and thriving community an ideal environment for their next venture.

Investment highlights

  • Built in 2009 and comprising four units, this B3- zoned building ensures versatility for a range of professional uses.
  • The property's strategic location in the bustling Sunrise area provides easy accessibility and visibility to tenants and clients alike.
  • With a strong leasing history and existing tenant, this turnkey investment promises immediate returns and long-term value for discerning office building investors.

Listing Contacts

CA
FL SL3608925
Berger Commercial Realty
JB
FL SL3444296
Berger Commercial Realty
Listed by Berger Commercial Realty

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$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$65,592.00
$5,466.00/mo

Valuation Metrics

0
DSCR
5.96%
Cap Rate
5.96%
ROI

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Additional Information

Name
Calder Alfano
License
SL3608925
Brokerage
Berger Commercial Realty
Brokerage Phone
9543580901
Title
Real Estate Sales Associate
Brokerage Address
550 South Andrews Avenue
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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