754-228-5968
5701 NW 88th Ave, Tamarac, FL for Rent

$12.00-$16.00 USD /SF/yr

Office, Office/Medical - For Rent
1/12
1,100-3,550 SF | 2 Spaces

5701 NW 88th Ave
Tamarac, FL 33321


HIGHLIGHTS

  • Recently renovated 40,977 SF Class B office with $400K+ in capital improvements completed in 2025
  • Approximately 89% occupied with a diversified mix of medical, legal, and professional tenants
  • Strong in-place cash flow with clear mark-to-market and lease-up upside
  • Prime Pine Island Rd location with immediate access to Sawgrass Expressway
  • Adjacent to Tamarac Village mixed-use development driving sustained demand
  • NNN lease exposure providing expense protection and value-add opportunities

OVERVIEW

Pine Island Professional Center offers a compelling opportunity to acquire a recently repositioned, income-producing office asset in a supply-constrained Broward County submarket. The three-story, multi-tenant property totals 40,977 square feet of rentable area and is approximately 89% leased, providing stable in-place cash flow with a clearly defined path to further stabilization and NOI growth. In 2025, the property underwent a comprehensive renovation with more than $400,000 invested, including a new roof, upgraded HVAC systems, a fully remodeled lobby, renovated common areas, new furniture, and exterior improvements. With major capital items already addressed, investors can focus on leasing execution and income growth without near-term capex requirements. The upside is driven by a combination of below-market rents, existing NNN leases, and remaining vacancy. As leases roll and vacant suites are absorbed at market rates, ownership can capture meaningful rent growth while benefiting from diversified tenancy across healthcare, legal, financial, and professional services, which helps reduce rollover risk and smooth cash flow. Strategically positioned at the intersection of Pine Island Road and Commercial Boulevard, the property offers exceptional regional connectivity via the Sawgrass Expressway and Florida Turnpike. The asset also benefits from its immediate proximity to the Tamarac Village mixed-use development, which adds residential density, retail amenities, and a built-in workforce, supporting long-term tenant demand and asset appreciation.

RENTAL DETAILS

SPACE AVAILABLE

1,100-3,550 SF

# OF SPACES

2

RENT RATE (MO)

$1.00-$1.33 USD /SF/mo

RENT RATE (YR)

$12.00-$16.00 USD /SF/yr

LEASE TYPE

Modified Gross, Negotiable

LEASE LENGTH

1-10 Years

AVAILABLE

Now

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

47,285 SF

BUILDING CLASS

B

YEAR BUILT

1985

PARKING SPACES

260

LAND DETAILS

LAND ACRES

3.03 AC

LAND SF

131,986.8 SF

ZONING

MU-G

ASK ABOUT THIS PROPERTY

Nick PolyushkinVera RealtyMore Info
754-228-5968

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Nick PolyushkinVera RealtyMore Info
754-228-5968

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