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7100 Commercial Blvd Lauderhill, FL 33319

For Sale
$9,450,000

High-Yield Office Center, Prime Location

Property size:
33,178 SF

Description

Added:
Feb 3, 2025
Days on Market:
316
This exceptional investment opportunity presents a 33,178 square foot office building situated on a 2.66-acre lot in Lauderhill, Florida. The property boasts a highly desirable location along a busy commercial corridor, providing excellent visibility and accessibility with convenient access to major roadways including the Florida Turnpike and University Drive. The building features 20 individual units, currently 93.4% occupied by ten tenants, generating a substantial annual income of $471,466.34. This translates to a 5% capitalization rate, representing a strong return on investment. Ample parking is available with 85 spaces provided for tenants and visitors. The property's prime location offers significant signage opportunities, further enhancing its appeal and potential for increased revenue. The building's size, high occupancy rate, and strong cash flow make it an attractive proposition for investors seeking a stable and profitable commercial real estate asset in a thriving market. The asking price of $9,450,000 reflects the exceptional value and potential of this well-maintained and strategically located office center. The 115,998 square foot lot provides ample space for future expansion or development.

Property Features for 7100 Commercial Blvd

General Information

Property type
Office Properties & Spaces
Square Feet
33,178 SF
Lot Size
115,870 SF

Building Details

Year Built
1984

Property Profile Insight Report Location Intelligence

Current Use by Public Records

Dr. Ibiza Nevzres, ... Physiatrist Karisa Gardens Condominium, ... Non-Profit Organization Liberty Chiropractic Clinic ... Chiropractor The Orange Drip Medical Spa Lauderhill A Garage Door ... Garage Door Supplier

Suggested Use

Realty agency Law Firm Restaurant Dental Office Spa & Massage Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Lauderhill
County
Broward
State
Florida
Longitude
-80.24615
Latitude
26.19313

FAQs

What type of property is this?
Office Property / Space - High-Yield Office Center, Prime Location
Where is this office property / space located?
The property is located at 7100 Commercial Blvd Lauderhill, FL.
What is the asking price?
The asking price for this property is $9,450,000.
More about this property
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