5975 Sunrise Blvd, Sunrise, FL 33313
43,282 SF | 82% Leased | Office Building | Sunrise, FL 33313 | $6,500,000 ($150/SF) | 8.31% Cap Rate
For Sale
Active
Asking Price $6,500,000
- Property Type
-
Office
- Square Feet
- 43,282 SF
- Price / Square Foot
- $150
Listing Contacts
John DeMarco
Property Overview
The subject property consists of 43,282 SF with 38,190 leasable SF, and is sitting an a large 2 acres lot. The building has ample parking with 152 parking spaces. The entire property has been renovated. The property is currently 88% occupied with a strong tenant mix. Property is currently grossing $655,884 and netting $540,034 per year. At full asking price, this will provide an investor with a strong 8.31% capitalization rate. Once the property is fully leased at market rates the proforma NOI will be $806,970. The property can also work for an owner user.
Please do not disturb any of the tenants all showings are by appointment only.
Please do not disturb any of the tenants all showings are by appointment only.
Property Details
- Class
- B
- Year Built/Renovated
- 1976/2003
- Stories
- 2
- Property Subtype
- Medical
- Lot Size (sq. ft)
- 87,120 SF
Highlights
- 88% Occupied
- 8.31% Actual CAP Rate
- Perfect for an Investor or Owner-User
All available spaces
- Space
- 1st Floor, Ste 101
- Size
- 3,500 SF
- Space Subtype
- Relet
- Space
- 1st Floor, Ste 109
- Size
- 2,000 SF
- Space Subtype
- Relet
- Space
- 2nd Floor, Ste 208B
- Size
- 1,500 SF
- Condition
- Full Build-Out
- Space Subtype
- Relet
- Space
- 2nd Floor, Ste 211
- Size
- 1,000 SF
- Condition
- Full Build-Out
- Space Subtype
- Relet
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