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6635 W Commercial Boulevard - Continental Office Plaza, Tamarac, FL

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6635 W Commercial Boulevard - Continental Office Plaza

Tamarac, FL 33319-2100 - NW Broward/Coral Springs Submarket

Property Type:Office Sub Type:- Status:Existing Year Built:1972
Stories:2 Typical Floor:- Building Size:18,032 SF
For Sale Price:$3,507,000 Price/SF:$194.49
Cap Rate:7.10 %
Parking:Free Surface spaces are available; Ratio of 3/1,000 SF Amenities:Bus Line, On Site Management, Signage

New roof in 2000, central HVAC system.

Sale Notes:
Low Risk, protected income due to minimal loss of tenants (and income) makes this two story
Multi- tenanted, 34 offices building, a desirable investment! With high in demand smaller rentable spaces, low maintenance and low expenses, this office building in excellent condition is the investor' s safe destination. This property has enjoyed a historically high occupancy rate, always 97% occupied, allowing a new owner to acquire an asset with low risk, low maintenance and in an area with growing market rents. All this means TREMENDOUS UPSIDE POTENTIAL!

Great value and upside potential on this superbly well maintained office building. 19,360 sf ona 1.2 acre lot. Super Price of $ 191.- per sf!! Current rents below market. Great Upside!! Plenty of parking on site. High traffic + visibility.

Located on the North side of Commercial Blvd. just East of University Drive. Commercial Blvd. is one of Broward' s main East-West corridors and the property is within 3 miles of Florida's Turnpike providing easy access for commuters and great exposure for tenants. Population within 5 mile radius over 464,000 and traffic count on W. Commercial Blvd. of over 50,000 cars per day.

The Keyes Company
Floyd Cerf
(305) 779-1800

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