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    8870 W Oakland Park Blvd, Sunrise, FL

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    Modern office building in Sunrise, FL with long-term tenant.

    Type:OFFICE
    Property size:
    3,244 SF
    Lot size:
    2.32 Acres
    Price / SF:
    $339/SF
    Added:
    Apr 8, 2025
    Days on Market:
    433
    Last Refresh:
    May 19 at 10:02 pm

    Property Features for 8870 W Oakland Park Blvd

    General Information

    Standard status
    Active
    Size
    3,244 SF
    Lot size
    2.32 Acres
    Property subtype
    OFFICE

    We can help!

    Listing Contact
    Jordan Beck
    Jordan Beck

    Listing agent Jordan Beck

    Listing office Berger Commercial Realty Corp - Fort Lauderdale

    Listing date Apr 8, 2025

    Source Moodyscre

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of Berger Commercial Realty Corp - Fort Lauderdale

    HighLights

    • Strategic location in the bustling Sunrise area with easy accessibility and visibility.
    • Newly signed triple net lease with 3% annual escalations.
    • Turnkey investment promising immediate returns.
    • Long‑standing chiropractic tenant already in place.
    • Modern, well‑maintained 3,244 SF office space built in 2009.
    • B3 zoning allows for a range of professional uses.

    Overview

    This office building in Sunrise, FL, presents an investment opportunity with a chiropractic location under a newly signed triple net lease featuring 3% annual escalations. Constructed in 2009, the property encompasses 3,244 square feet of modern, well-maintained space. The building consists of one unit and is zoned B3, offering versatility for various professional uses. Its location in the Sunrise area provides accessibility and visibility. The property has a leasing history and existing tenant base. This turnkey investment offers returns and long-term value for office building investors.

    Local Financial Insights For Office B

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $147.9k $45.60
    − Vacancy −$33.3k −$10.26
    EGI $114.6k $35.34
    − OpEx −$28.7k −$8.84
    NOI $86.0k $26.51
    3,244 SF · lease $45.60/SF/yr · vacancy 22.50% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $1.23M
    $1.07M – $1.43M (±1% cap)
    NOI $85,982 @ 7.0% cap · market cap 7.82%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $1.65M
    $1.44M – $1.92M (±1% cap)
    NOI $115,207 @ 7.0% cap · market cap 10.47%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Office buildings

    Map

    City
    Sunrise
    County
    Broward
    State
    Florida
    Longitude
    -80.1087
    Latitude
    26.1426

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    FAQs

    What type of property is this?
    Office building - Modern office building in Sunrise, FL with long-term tenant.
    Where is this office building located?
    The property is located at 8870 W Oakland Park Blvd Sunrise, FL.
    What is the asking price?
    The asking price for this property is $1,100,000.
    What are key features of this property?
    This property features: Strategic location in the bustling Sunrise area with easy accessibility and visibility.; Newly signed triple net lease with 3% annual escalations.; Turnkey investment promising immediate returns.
    (954) 802-6031 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Jordan Beck
    Jordan Beck
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