Truist Anchored Office Building
Office | 36,258 SqFt
Marketing description
A premier ±32,200 SF office building located along the highly visible State Road 7/US-441 commercial corridor in Lauderhill, Florida. Positioned within the Fort Lauderdale submarket, the property offers convenient regional access, prominent street exposure, and strong signage potential. The central Broward County location provides connectivity to I-95, Florida’s Turnpike, and I-595 and is surrounded by established residential communities, retail centers, and commercial uses.
The four-story building, including a functional basement level, is situated on a large ±81,142 SF double lot totaling approximately 1.86 acres. The property also features ample on-site parking with more than 130 spaces.
Truist Bank anchors the property and occupies approximately 4,600 SF on the first floor. The corporate tenant is currently paying $9,583.33 per month on a NNN basis, plus CAM, under a lease scheduled to expire in February 2028. The lease includes four additional five-year renewal options, each with a 10% rental increase.
Approximately 27,000 SF is currently vacant, creating a compelling opportunity for an owner-user seeking substantial office space or an investor looking to lease the remaining space and increase the property’s income potential. Recent capital improvements include brand-new elevators and a well-maintained roof.
Investment highlights
- Located directly on State Rd 7
- New Long-Term NNN Corporate Lease
- 27,000 SF Available for an Owner-User
- Ample parking w/ 130+ spaces
- Four 5-year renewal options
- 10% annual rent increases
- Brand new elevators
- Updated roof
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