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2817 E Oakland Park Blvd 21,000 SF 100% Leased Office Building Fort Lauderdale, FL 33306 $6,221,250 CAD ($296.25 CAD/SF) 8.36% Cap Rate
INVESTMENT HIGHLIGHTS
- Prime Location: Situated on East Oakland Park Boulevard, Fort Lauderdale, offering high visibility and easy access to major roadways.
- Ample Parking: 50 onsite parking with both covered and open spaces, providing convenience for employees, clients, and visitors.
- Leaseback Option: Option for a leaseback, with the top floor and part of the ground floor remaining occupied, providing immediate rental income.
EXECUTIVE SUMMARY
Located on East Oakland Park Boulevard in Fort Lauderdale, this office building for sale presents a compelling opportunity for owner operators and investors, offering an in-place cap rate of 8.36%. Its prime location offers high visibility and easy access to major roadways, surrounding business districts, and nearby residential communities, making it an ideal choice for professional offices, medical practices, creative workspaces, or a corporate headquarters.
The property features ample onsite parking, including several covered parking spaces, in addition to street parking, providing it one of the highest parking ratios in East Fort Lauderdale. Currently 78% leased, the building has 3,970 square feet available, making it ideal for an owner-occupant seeking immediate use or for an investor. With the option to be delivered vacant if an owner occupant requires the entire building, alternatively there is an option for a sale-leaseback, whereby the Seller will lease-back an entire floor and part of the ground level, providing immediate additional rental income and flexibility to grow into the spaces or lease for an investor.
Surrounded by a variety of businesses, restaurants, and retail, the location offers both accessibility and convenience. This property provides a strong foundation for future growth for owner-users and investors alike.
The property features ample onsite parking, including several covered parking spaces, in addition to street parking, providing it one of the highest parking ratios in East Fort Lauderdale. Currently 78% leased, the building has 3,970 square feet available, making it ideal for an owner-occupant seeking immediate use or for an investor. With the option to be delivered vacant if an owner occupant requires the entire building, alternatively there is an option for a sale-leaseback, whereby the Seller will lease-back an entire floor and part of the ground level, providing immediate additional rental income and flexibility to grow into the spaces or lease for an investor.
Surrounded by a variety of businesses, restaurants, and retail, the location offers both accessibility and convenience. This property provides a strong foundation for future growth for owner-users and investors alike.
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Building Size
21,000 SF
Building Class
B
Year Built/Renovated
1970/1981
Price
$6,221,250 CAD
Price Per SF
$296.25 CAD
Cap Rate
8.36%
NOI
$520,097 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
7,000 SF
Slab To Slab
10’
Building FAR
1.42
Lot Size
0.34 AC
Zoning
Community Business - Community Business
Parking
66 Spaces (4 Spaces per 1,000 SF Leased)
AMENITIES
- Bus Line
- Signage
1 1
Walk Score®
Very Walkable (82)
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $1,378,363 CAD | |
| Land Assessment | $628,181 CAD | Total Assessment | $3,667,617 CAD |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$628,181 CAD
Improvements Assessment
$1,378,363 CAD
Total Assessment
$3,667,617 CAD
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2817 E Oakland Park Blvd
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