Institutional Property Advisors is pleased to present for sale Park Central One, a 77,408-square-foot, multi-tenant, suburban office building located in Pompano Beach, Florida. 1100 Park Central Boulevard South is a well-maintained, three-story, reinforced-concrete structure with tinted-glass windows and a three-story atrium with skylight. Beautiful landscaping and an extensive natural green area with a large retention pond add to the beauty and provide a buffer to the neighboring buildings. Park Central One recently underwent upgrades to the HVAC, access card system, common areas, and restrooms.
Park Central One is building number one of the Park Central Business Park, located just west of Interstate 95 and about 0.25 miles north of Copans Road. The 90-acre office/flex park is a nearly 1,000,000-square-foot, master-planned business park consisting of approximately 77,000 square feet of office space, 195,000 square feet of flex space, and 712,700 square feet of industrial/warehouse/ distribution space.
Park Central One sits on over 7 acres and boasts an excellent parking ratio of 4.2 spaces per 1,000 rentable square feet. Access to the park is provided by Park Central Boulevard from North Andrews Avenue (Military Trail). Park Central One is less than 1 mile away from the Copans Road Interchange of Interstate 95, and only 3 miles from the Sample Road Interchange of Florida’s Turnpike, providing convenient access to all of South Florida.
A number of successful tenants from the insurance, health, technology, and telecom fields currently occupy Park Central One. The property provides stable income and an additional value opportunity through steady absorption to a fully stabilized occupancy. With its excellent design and curb appeal, easily accessible location, and quality tenancy, Park Central One is an ideal investment opportunity in a dynamic master planned business park.