1771 N State Road 7

    Lauderhill, FL 33313
    • $3,999,000
    • STATUS: Active
    • ON SITE: 60 days
    • MLS #: A10552468
    UPDATED: 47 min ago
    $3,999,000
    • 0
      BEDS
    • 1.38
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    Built:
    1970
    County:
    Area:

    School Ratings & Info

    Description

    BBNT office building for sale located at 1771 N State Road 7 Lauderhill Florida.The subject property consists of +/- 36,258 sf of leasable space situated on a large 81,142 sf lot. There is ample parking at this location with over 130 ground floor parking spaces. This property is anchored by long time tenant BBNT bank who is occupying 4,600 sf of the first floor. They have 5 years left on their base term, with 4, 5-year options to renew.The balance of this building is vacant and ready to owner use or lease to new tenants. When this property is leased at market rates, this property will produce +/- $619,780 per year in net operating income, providing an investor with an above market capitalization rate of 15.5% on a pro-forma basis.

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    Copyright 2018, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. The data relating to real estate for sale on this web site comes in part from the participating Associations/MLS’s in the Southeast Florida Regional Multiple Listing Service cooperative agreement, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2018, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. Use of search facilities of data on the site, other than a consumer looking to purchase real estate, is prohibited. Data last updated 2018-12-10T18:41:02.063.
    www.welovesouthflorida.com/homes/88373955

    1771 N State Road 7 Lauderhill, FL 33313

    • Price: $3,999,000
    • Status: Active
    • Updated: 47 min ago
    • MLS #: A10552468
    0
    Beds
    0
    Baths
    0
    ½ Baths
    1.38
    Acres
    1970
    Built
    Neighborhood:
    3560
    County:
    Broward
    Area:
    3560
    Property Description
    BBNT office building for sale located at 1771 N State Road 7 Lauderhill Florida.The subject property consists of +/- 36,258 sf of leasable space situated on a large 81,142 sf lot. There is ample parking at this location with over 130 ground floor parking spaces. This property is anchored by long time tenant BBNT bank who is occupying 4,600 sf of the first floor. They have 5 years left on their base term, with 4, 5-year options to renew.The balance of this building is vacant and ready to owner use or lease to new tenants. When this property is leased at market rates, this property will produce +/- $619,780 per year in net operating income, providing an investor with an above market capitalization rate of 15.5% on a pro-forma basis.
    Exterior Features

    Num Loading Doors 0 Num Parking Spaces 130 Parking Description Free ParkingOther Parking Waterfront Property Yn No

    Interior Features

    Interior Ceiling Height 12.0000 Maximum Ceiling Height 12.0000 Num Offices 0

    Property Features

    Approximate Lot Size 81142 Electric Service 110 Volts Power Flood Zone AhX Num Bays 0 Section 36 Tax Amount 75990 Tax Year 2017

    Listing courtesy of Re/Max 5 Star Realty.


    Copyright 2018, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. The data relating to real estate for sale on this web site comes in part from the participating Associations/MLS’s in the Southeast Florida Regional Multiple Listing Service cooperative agreement, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2018, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. Use of search facilities of data on the site, other than a consumer looking to purchase real estate, is prohibited. Data last updated 2018-12-10T18:41:02.063.
     
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