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Truist-Anchored Office Building
For Sale
$4,950,000

1771 Nw 40th Ave, Lauderhill, FL 33314

Four-story office building with basement level and over 130 parking spaces, anchored by Truist.

Property Size32,200 SF
Lot Size1.86 Acres
Price / SF$153.73
Days on Market62

Property Features for 1771 Nw 40th Ave

General Information

Standard status Active
Size 32,200 SF
Lot size 1.86 Acres

Site & Location

Highway Access Yes
Road Access Yes

Taxes and HOA fees

Annual Taxes $78,224

Building Details

Stories 4
Listing Agency: RE/MAX 5 Star Realty
Listed By: John DeMarco · License #3134747
Source: Exprealty
Added: Jul 13 Changed: Sep 4 Last Checked: Sep 11 at 3:17PM

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 RE/MAX 5 Star Realty

Investment Insights

Based on property information with market context.

Truist Bank-anchored office building with a functional basement level and four-story configuration, offering approximately 27,000 SF of available space. The property sits on a ±1.86-acre double lot with more than 130 on-site parking spaces. Recent improvements include brand-new elevators and a well-maintained roof.

The building is located directly on State Road 7/US-441 in Lauderhill, providing strong visibility and convenient access within the Fort Lauderdale submarket. It is centrally positioned near I-95, Florida’s Turnpike, and I-595, surrounded by established residential, retail, and commercial uses.

Truist occupies approximately 4,600 SF on the first floor and is currently paying $9,583.33 per month NNN plus CAM under a lease expiring in February 2028. The lease includes four additional five-year renewal options and 10% rental increases.

Key Highlights

  • Truist Bank‑anchored four‑story office building on State Road 7/US‑441 in Lauderhill
  • Approximately 32,200 SF leasable space on a ±1.86‑acre double lot with more than 130 on‑site parking spaces
  • Includes functional basement level and approximately 27,000 SF available space for lease‑up

Property Analytics

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Current Use

Office buildings

Suggested Use

Top Pick Law Firm Real Estate Agency Carpet & Flooring Store (Bike/Boat/Book/etc) Store Florist Locksmith

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

877
Businesses Nearby

Demographics for 33314, FL

30,248
Population
12,041
Households
2.5
Avg Household Size
34
Median Age
30%
College-Educated
89%
High-School Grad
8.8 sq mi
ZIP Area
3,437
Density / Sq Mi
$63,791
Median Household Income
$36,733
Median Earnings
$2,034
Median Rent
$347,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Office building - Four-story office building with basement level and over 130 parking spaces, anchored by Truist.
Where is this office building located?
The property is located at 1771 Nw 40th Ave Lauderhill, FL.
What is the asking price?
The asking price for this property is $4,950,000.
What are key features of this property?
This property features: Truist Bank‑anchored four‑story office building on State Road 7/US‑441 in Lauderhill; Approximately 32,200 SF leasable space on a ±1.86‑acre double lot with more than 130 on‑site parking spaces; Includes functional basement level and approximately 27,000 SF available space for lease‑up
More about this property
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