754-228-5627
1100 Park Central Blvd S, Pompano Beach, FL for Sale
Office - FOR SALE
1/20
null | Request Cap Rate

1100 Park Central Blvd S
Pompano Beach, FL 33064
Outer Pompano Beach/Deerfield Beach


HIGHLIGHTS

  • Three-Story, Multi-Tenant, Atrium-Style Building with Large Center Skylight
  • Excellent Parking Ratio of 4.2 Spaces per 1,000 Rentable Square Feet
  • Well-Maintained with Extensive Landscaping and Large Green Area with Retention Pond
  • Recent Building Upgrades to HVAC, Access Card System, Common Areas, and Restrooms
  • Reinforced Concrete Construction with Tinted Glass
  • Easy Access to Interstate 95 at Copans Road Interchange, Less Than One Mile Away

OVERVIEW

Institutional Property Advisors is pleased to present for sale Park Central One (the “Property”), a 77,388 square-foot, multi-tenant, suburban office building located in Pompano Beach, Florida. The Property 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 of the Property and provide a buffer to the neighboring buildings. The Property 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 a quarter-mile north of Copans Road. The 90-acre office/flex park is a nearly one-million 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. The Property sits on over seven 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 a mile away from the Copans Road Interchange of Interstate 95, and only three miles from the Sample Road Interchange of Florida’s Turnpike, providing convenient access to all of South Florida. Park Central One is currently occupied by a number of successful tenants from the insurance, health, technology and telecom fields. The Property provides stable income and additional value opportunity by way of 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 this master planned business park.

FOR SALE DETAILS

PRICE

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CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Park Central 1

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

B

YEAR BUILT

1986

SPRINKLERS

-

PARKING SPACES

322

LAND DETAILS

LAND ACRES

7.32 AC

LAND SF

318,859 SF

ZONING

OIP

APN/PARCEL ID

48-42-22-20-0110,48-42-22-20-0120,48-42-22-20-0130

ASK ABOUT THIS PROPERTY

Madison ChungMarcus & MillichapMore Info
754-228-5627

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Madison ChungMarcus & MillichapMore Info
754-228-5627

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.