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    25000 Sqft Office Building Title is generated by Realmo AI

    17900 NW 5th St, Pembroke Pines, FL

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    25000 Sqft Office Building in Pembroke Pines, FL

    Type:OFFICE
    Property size:
    25,000 SF
    Lot size:
    8.45 Acres
    Price / SF:
    $308/SF
    Added:
    Jan 31, 2025
    Days on Market:
    498
    Last Refresh:
    May 20 at 8:54 pm

    Property Features for 17900 NW 5th St

    General Information

    Standard status
    Active
    Size
    25,000 SF
    Lot size
    8.45 Acres
    Property subtype
    OFFICE

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    Listing Contact
    Santosh Sthapit
    Santosh Sthapit

    Listing agent Santosh Sthapit License #3427542

    Listing office The Keyes Company Commercial - Corporate

    Listing date Jan 31, 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 The Keyes Company Commercial - Corporate

    HighLights

    • 25000 sqft office building

    Overview

    This property features a 25000 square foot office building. It is located at Pembroke Pines, FL.

    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 $840.0k $33.60
    − Vacancy −$184.8k −$7.39
    EGI $655.2k $26.21
    − OpEx −$163.8k −$6.55
    NOI $491.4k $19.66
    25,000 SF · lease $33.60/SF/yr · vacancy 22.00% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $7.02M
    $6.14M – $8.19M (±1% cap)
    NOI $491,400 @ 7.0% cap · market cap 6.38%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $10.62M
    $9.29M – $12.39M (±1% cap)
    NOI $743,280 @ 7.0% cap · market cap 9.65%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Office buildings

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Pembroke Pines
    County
    Broward
    State
    Florida
    Longitude
    -80.2794
    Latitude
    25.9906

    FAQs

    What type of property is this?
    Office building - 25000 Sqft Office Building in Pembroke Pines, FL
    Where is this office building located?
    The property is located at 17900 NW 5th St Pembroke Pines, FL.
    What is the asking price?
    The asking price for this property is $7,700,000.
    What are key features of this property?
    This property features: 25000 sqft office building
    (954) 881-6087 Call to check price and availability
    More about this property
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