4000 N State Road 7 - Office FOR SALE


Lauderdale Lakes, FL 33319- Lauderdale Lakes West Gate
$5,230,000 USD
305-528-0596
4000 N State Road 7, Lauderdale Lakes, FL for Sale
$5,230,000 USD
Office - FOR SALE
1/10
null | 10.19% Cap Rate

4000 N State Road 7
Lauderdale Lakes, FL 33319
Lauderdale Lakes West Gate


OVERVIEW

best deal in Broward County owner manger can net 10% present plus cap rate see building video on you tub ,https://youtu.be/3jnrzNEIfq0. Ideal for buyer that is looking to add to their current real estate portfolio, great opportunity, Call Rafael Sopher Broker/Owner for more information 305 528 0596 owners' real estate/management office is in the building suite #404. Completely renovated four story 37,150 feet (offered at $141 per sq foot) luxurious class B office/retail building , in the heart of Broward County(441). Daily traffic counts exceed 50,000 vehicles daily. new impact windows, marble bathrooms, marble lobby, 50-year recertification inspections completed. lots Parking ,New electrical throw-out the building , over 95% occupancy, cap rate potential is over 10% within 6 month of ownership lots of upside potential. Current modified building to local business needs. tenants: doctors, pharmacy, day care, hair salons, nursing school, lawyer’s office, tax office, insurance agency, health care providers, real estate office, general contractor, ac contractor, electrical contractor, mortgage broker ,many co sharing members units, and much more. expenses are approximately $7.00 per square foot. Easy to manage building ,great current income . See video: https://youtu.be/3jnrzNEIfq0 , building located in opportunity Zone ,many tax breakes. Driving Directions: 441 between Oakland and commercial. great opportunity, see building 2/3/4 floors complete plans in attachment plus fire alarm with ground floor retail (life safety plane new)

FOR SALE DETAILS

PRICE

$5,230,000 USD

PRICE/SF

$141 USD /SF

CAP RATE

10.19%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Sopher Center

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

4

BUILDING CLASS

B

YEAR BUILT

1975

SPRINKLERS

-

PARKING SPACES

130

LAND DETAILS

LAND ACRES

1.51 AC

LAND SF

65,776 SF

ZONING

B-2

APN/PARCEL ID

49-42-19-00-0063

ASK ABOUT THIS PROPERTY

Rafael SopherSopher RealtyMore Info
305-528-0596

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Rafael SopherSopher RealtyMore Info
305-528-0596

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