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.