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5101 NW 21st Avenue - Executive Airport Business Center, Fort Lauderdale, FL

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5101 NW 21st Avenue - Executive Airport Business Center

Fort Lauderdale, FL 33309-2792 - Central Broward Ind Submarket


Property Type:Flex Sub Type:- Status:Existing Year Built:1987
Building Size:73,216 SF Land Area:6.09 AC (265,280 SF)
Ceiling Height:14'0'' Loading Docks:- Rail:- Power:-
Smallest Space:4,616 SF Largest Space:4,616 SF Total Space Avail:4,616 SF Rent/SF/Yr:
$16.00
Zoning:AIP, Fort Lauderdale Sprinklers:- Drive Ins:- Cranes:-
Parking:Free Surface spaces are available; Ratio of 3.4/1,000 SF Amenities:Signage


Space Available:
Floor
SF Avail
Rent
Occupancy
Lease Term
Space Use
 1st
4,616 SF
$16.00/SF/Yr
Vacant
1-3 yrs
Office
 
10267519


Floor
SF Avail
Rent/SF/Yr
Occupancy
Lease Term
Space Use
1st
4,616 SF
$16.00/SF/Yr
Vacant
1-3 yrs
Office
The property is located off Commercial Blvd next to the Ft. Lauderdale Executive Airport.



-New ownership
-Aggressive Rental Rates
- One story office park
- One space currently available for lease - Suite 440 which is 4,616 +/- SF. 100% office
- Landlord is currently updating the property - freshly painted, resealing parking lot, and upgrading the landscape.

Located just north of Commercial Boulevard along 21st Avenue with easy access to I-95, Florida Turnpike, and the Fort Lauderdale Executive Airport.

Sale Notes:
Cushman & Wakefield of Florida Inc., acting as exclusive agent, is pleased to offer for sale the Executive Airport Business Center ( the Property or EABC ). The Property comprises the leasehold interest in a 6.09 acre site improved with two high-quality, multi-tenant flex buildings totaling 73,216 SF. The Property provides investors an appealing opportunity to obtain a highly finished single story service oriented property with long-standing entrenched tenancy. In addition, secure and steady cash flows will be enjoyed by the Property' s next owner, as current ownership has invested heavily to address necessary capital items and enhance EABC' s curb appeal. Built in 1987, EABC offers an attractive combination of a single-story office and service bays, allowing tenants to enjoy flexible workspace options while being located one mile from the Commercial Boulevard/Interstate 95 interchange. The Property is currently 93.7% occupied by 15 tenants. Among EABC' s diverse mix of tenants, 10% are affiliated with major national companies including RaceTrac Petroleum and People's Gas. In addition, 30% of the current rent roll has been a tenant at the Property for over eight years.

Located in the heart of Fort Lauderdale' s Uptown Business District, EABC enjoys convenient access to Interstate-95 and the Florida Turnpike via Commercial Boulevard, and is located next to the third busiest executive airport (Fort Lauderdale Executive Airport) in the United States.


Berger Commercial Realty Corp/CORFAC International
Judy Dolan
(954) 652-2036

Jonathan Thiel
(954) 652-2020



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