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$4,950,000
Est. payment /mo
36,258 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Office
Listing Status Active
Purchase Type For Sale
Square Footage 36,258 sqft
Price per Sqft $136
MLS Listing ID A12052580
HOA Y/N No
Year Built 1970
Annual Tax Amount $78,224
Lot Size 1.863 Acres
Property Sub-Type Office
Property Description
Truist Bank-anchored office building located directly on State Road 7/US-441 in Lauderhill, offering strong visibility and convenient access within the Fort Lauderdale submarket. The property consists of approximately 32,200 SF of leasable space on a ±1.86-acre double lot with more than 130 on-site parking spaces. The four-story building includes a functional basement level and approximately 27,000 SF of available space, creating an ideal opportunity for an owner-user or investor seeking lease-up potential. Truist Bank occupies approximately 4,600 SF on the first floor and is currently paying $9,583.33 per month NNN plus CAM under a lease expiring in February 2028, with four additional five-year renewal options and 10% rental increases. Recent improvements include brand-new elevators and a well-maintained roof. The property is centrally located near I-95, Florida's Turnpike, and I-595 and is surrounded by established residential, retail, and commercial uses.
Location
State FL
County Broward
Area 3670
Exterior
Private Pool Yes
Others
Tax ID 494136230010
Virtual Tour https://www.propertypanorama.com/instaview/mia/A12052580
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Listed by RE/MAX 5 Star Realty
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Monica Brisson
Broker Associate | License ID: 0645316
Broker Associate License ID: 0645316