Basic Information

  • MLS # A11733784
  • Type Office
  • Status Active
  • Year Built 1984
  • Total Size 115,998 Sq.Ft / 2.66 Acre
  • Date Listed 01/28/2025
  • Days on Market 320
Description

This prime location offers signage, excellent visibility and accessibility, positioned along a bustling commercial corridor with proximity to major roadways such as Florida’s Turnpike and University Drive. The property comprises 33,178 SF of office space, situated on a 115,998 SF lot with 85 parking spaces, offering a total of 20 units within this corporate center. The property also offers 7,000 SF of contiguous space, ideal for an owner-user while maintaining income from the remaining tenants. Currently 78% occupied by twelve tenants, the property generates $341,276 annually with a 4.7% actual capitalization rate. An investor can lease out the vacant units at market rates to increase the annual net income to $585,980.87, providing a strong 8.1% cap rate. This prime location and value-driven pricing make it an unparalleled opportunity for investors.

Amenities

Exterior Features

  • Waterfront No
  • Parking Spaces 0
  • Pool No
  • Parking Description
  • Style Office

Interior Features

  • Adjusted Sqft 2.66 AcreSq.Ft
  • Sqft 2.66 Acre Sq.Ft

Property Features

  • Address 7100 W Commercial Blvd
  • Aprox. Lot Size 115,998
  • City Fort Lauderdale
  • County Broward
  • Furnished Info no
  • Occupant Type Tenant
  • Postal City Fort Lauderdale
  • Subdivision Complex
  • Subdivision Info
  • Tax Amount $59,181
  • Tax Legal desc C O M M E R C I A L B O U L E V A R D S H O P P E S N O2107-43 B L O T8,9
  • Tax Year 0
  • Type of Property Office

7100 W Commercial Blvd

Fort Lauderdale, FL 33319

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