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Cypress Corners 2900 W Cypress Creek Rd 43,444 SF 94% Leased Office Building Fort Lauderdale, FL 33309 $12,138,240 CAD ($279.40 CAD/SF) 7.70% Cap Rate



INVESTMENT HIGHLIGHTS
- Suitable for medical related practice or business professional offices.
- 24/7 card access system.
- Property is well-maintained and includes upgraded features.
- Ample and free surface parking.
- Bright and spacious interior with modern finishes. Plenty of windows to create a tranquil atmosphere to the workspace.
- Flexible floor plans offer opportunities for bright, spacious offices, allowing the business to reach its full potential.
EXECUTIVE SUMMARY
This Fort Lauderdale property features a two-story multi-tenant office building with 43,444 square feet on approximately 2.27 acres. Built in 1984 and renovated in 2024, it offers a solid parking ratio. Currently, the property is occupied by a diverse range of tenants.
Located north of Commercial Boulevard, the property has easy access to Interstate 95 and the Florida Turnpike. With ample natural light, upgraded features, and flexible floor plans, this asset presents a notable investment opportunity. Its prime location and modern amenities make it appealing to businesses, enhancing its attractiveness to potential tenants and investors.
Located north of Commercial Boulevard, the property has easy access to Interstate 95 and the Florida Turnpike. With ample natural light, upgraded features, and flexible floor plans, this asset presents a notable investment opportunity. Its prime location and modern amenities make it appealing to businesses, enhancing its attractiveness to potential tenants and investors.
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
43,444 SF
Building Class
B
Year Built/Renovated
1984/2024
Price
$12,138,240 CAD
Price Per SF
$279.40 CAD
Cap Rate
7.70%
NOI
$934,644 CAD
Percent Leased
94%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
21,722 SF
Building FAR
0.44
Lot Size
2.28 AC
Zoning
B-1 - Business, Professional and Medical Offices
Parking
258 Spaces (5.94 Spaces per 1,000 SF Leased)
AMENITIES
- 24 Hour Access
- Security System
- Wheelchair Accessible
- Air Conditioning
- Smoke Detector
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- CONDITION
- AVAILABLE
| Space | Size | Space Use | Condition | Available |
| 2nd Fl-Ste 6 | 2,398 SF | Office | Full Build-Out | Now |
2nd Fl-Ste 6
| Size |
| 2,398 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| Now |
1 of 8
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
2nd Fl-Ste 6
| Size | 2,398 SF |
| Space Use | Office |
| Condition | Full Build-Out |
| Available | Now |
1 1
PROPERTY TAXES
| Parcel Number | 49-42-08-09-0021 | Improvements Assessment | $6,367,657 CAD |
| Land Assessment | $2,086,829 CAD | Total Assessment | $8,454,486 CAD |
PROPERTY TAXES
Parcel Number
49-42-08-09-0021
Land Assessment
$2,086,829 CAD
Improvements Assessment
$6,367,657 CAD
Total Assessment
$8,454,486 CAD
1 of 28
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
Realty Club LLC
Cypress Corners | 2900 W Cypress Creek Rd
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