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29445381
29445382

12350 NW 39th St, Coral Springs, FL 33065

RESMA LLC
RESMA LLC
Listed by RESMA LLC
$5,534,608
128 days on market
Updated 44 days ago

Coral Springs Plaza

Details
Property Type Office
Sub Type Traditional Office
Net Rentable (SqFt) 30,134
Cap Rate 8%
NOI $442,769
Occupancy 100%
Tenancy Multi
Pro-Forma Cap Rate 8.87%
Pro-Forma NOI $490,769
Year Built 1987
Year Renovated 2015
Buildings 1
Stories 2
Parking Spaces 3.22 per 1,000 sq ft
Investment Type Stabilized

Office | 8.00% CAP

Marketing description

STABILIZED INVESTMENT OPPORTUNITY IN CORAL SPRINGS
Diverse tenant mix with strong cash flow in one of Coral Springs’ premier business parks. Strategically located just off the Sawgrass Expressway, offering high visibility and easy access to major commercial and residential areas. Includes a shared kitchen with potential conversion to two warehouse spaces for additional rental income.

Investment highlights

  • 100% leased to diverse tenants ? stable income

  • Recent updates: 2024–2025 interior reconfiguration

  • Value-add opportunity: Shared kitchen convertible to two warehouse spaces, +$40K/year potential income

  • Excellent visibility: 71,000+ VPD

Listing Contacts

RESMA LLC
RESMA LLC
Listed by RESMA LLC

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$442,769.00
$36,897.42/mo

Valuation Metrics

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DSCR
8%
Cap Rate
8%
ROI

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