Freestanding Office
For Sale
$975,000
6190 NW 11th St, Sunrise, FL 33313
Eight offices, reception, four bathrooms, a lounge, and gated parking support flexible professional occupancy.
Property Size3,386 SF
Price / SF$287.95
Days on Market82
Property Features for 6190 NW 11th St
General Information
Standard status
Active
Size
3,386 SF
Additional Details
Highway Access
Yes
Office Units
8
Building Details
Year Built
1975
Buildings
1
Listing Agency:
Absolute Realty Inc
Listed By:
Ian Carter · License #592049
(954) 791-8806
Source:
Thepennteam
Added: Jul 18
Changed: Oct 4
Last Checked: Oct 5 at 8:13PM
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 Absolute Realty Inc
Investment Insights
Based on property information with market context.
This freestanding office property contains 3,386 square feet with eight offices, a reception area, four bathrooms, and a lounge equipped with a sink. One bathroom includes a shower. Front and rear entrances provide separate access points, while gated parking serves the building. Constructed in 1975, the property is configured for professional office use and may also accommodate medical, studio, owner-occupied, rental-income, or mixed-use operations as described in the source information.
The building is located at 6190 NW 11th St in Sunrise, Florida, with access to the Turnpike, I-95, and 595. Its existing office layout, multiple bathrooms, lounge area, and controlled parking create a practical setup for a range of office-oriented users.
The building is located at 6190 NW 11th St in Sunrise, Florida, with access to the Turnpike, I-95, and 595. Its existing office layout, multiple bathrooms, lounge area, and controlled parking create a practical setup for a range of office-oriented users.
Key Highlights
- 3,386‑square‑foot freestanding office building
- Eight offices with a dedicated reception area
- Four bathrooms, including one with a shower
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$89,746
Cap Rate
9.20%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,794,920
$1.8M
Cap Rate 7%
$1,282,086
$1.3M
Cap Rate 9%
$997,178
$997.2K
Market Conditions
NOI Build-Up for 3,386 SF
Gross rent
$154.4K $45.60/SF
− Vacancy
−$34.7K −$10.26/SF
EGI
$119.7K $35.34/SF
− OpEx
−$29.9K −$8.84/SF
NOI
$89.7K $26.51/SF
Area
Broward County, FL
Vacancy
22.50%
Lease Rate
$45.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,794,920
Cap Rate 7%
$1,282,086
Cap Rate 9%
$997,178
Alternative Uses
Best Use
Office B
$1.28M
$1.12M – $1.50M
NOI $89,746 @ 7.0% cap · market cap 9.20%
Second Best
Healthcare Medical
$637.3K
$557.7K – $743.6K
NOI $44,614 @ 7.0% cap · market cap 4.58%
Theoretical Best
Office A
$1.72M
$1.50M – $2.00M
NOI $120,250 @ 7.0% cap · market cap 12.33%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
8
Office units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
718
Businesses Nearby
Explore this area
Business Placement
Demographics for 33313, FL
63,284
Population
25,312
Households
2.5
Avg Household Size
36
Median Age
15%
College-Educated
85%
High-School Grad
6.3 sq mi
ZIP Area
10,045
Density / Sq Mi
$45,408
Median Household Income
$30,872
Median Earnings
$1,608
Median Rent
$236,300
Median Home Value
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Market
Vacancy Rate% for Office in South region
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Frequently Asked Questions
What type of property is this?
Office building - Eight offices, reception, four bathrooms, a lounge, and gated parking support flexible professional occupancy.
Where is this office building located?
The property is located at 6190 NW 11th St Sunrise, FL.
What is the asking price?
The asking price for this property is $975,000.
What are key features of this property?
This property features: 3,386‑square‑foot freestanding office building; Eight offices with a dedicated reception area; Four bathrooms, including one with a shower
