Third-Floor Office Suite with NNN
2020 NW 150th Ave 304, Pembroke Pines, FL 33028
For Sale
Contact for pricing
Third-floor office suite with an NNN structure, supporting tenant predictability through separate operating expense coverage.
Property Size4,800 SF
Price / SF$0.00
Days on Market149
Property Features for 2020 NW 150th Ave 304
General Information
Standard status
Size
Property subtype
Additional Details
Highway Access
Taxes and HOA fees
Annual Taxes
Building Details
Stories
Units
Listing Agency:
CMV Realty LLC
Listed By:
Gus Martinez · License FL B26056408
(954) 394-7078
Source:
Elliman
Added: Jun 15
Changed: Aug 8
Last Checked: Oct 31 at 11:52PM
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 CMV Realty LLC
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This offering is a leased office suite with NNN terms. The property includes an entry on the third floor that overlooks I-75, providing an interior work environment connected to a prominent roadway view. The max contiguous space is listed as 4,800 square feet, and one suite for lease is identified as Suite 304 at 5,176 RSF.
The transit and walkability profile suggests a car-dependent setting, with WalkScore 43 and transitScore 17. BikeScore is 39, described as somewhat bikeable. The provided remarks specify the suite is positioned on the third floor with an entry overlooking I-75.
For tenants or buyers evaluating leased office inventory, the NNN structure and stated operating expense number (OPEX $12.67) can help frame ongoing cost responsibilities under the lease. Suite 304 presents a defined space configuration within the third-floor office layout, suitable for an office user seeking a single, contiguous suite rather than a larger combined space.
The transit and walkability profile suggests a car-dependent setting, with WalkScore 43 and transitScore 17. BikeScore is 39, described as somewhat bikeable. The provided remarks specify the suite is positioned on the third floor with an entry overlooking I-75.
For tenants or buyers evaluating leased office inventory, the NNN structure and stated operating expense number (OPEX $12.67) can help frame ongoing cost responsibilities under the lease. Suite 304 presents a defined space configuration within the third-floor office layout, suitable for an office user seeking a single, contiguous suite rather than a larger combined space.
Key Highlights
- NNN lease office suite on the third floor overlooking I‑75
- Suite 304 available for lease with 5,176 RSF
- Max contiguous office space is 4,800 SF
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$94,349
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,886,980
$1.9M
Cap Rate 7%
$1,347,843
$1.3M
Cap Rate 9%
$1,048,322
$1.0M
Market Conditions
NOI Build-Up for 4,800 SF
Gross rent
$161.3K $33.60/SF
− Vacancy
−$35.5K −$7.39/SF
EGI
$125.8K $26.21/SF
− OpEx
−$31.4K −$6.55/SF
NOI
$94.3K $19.66/SF
Area
Pembroke Pines, FL
Vacancy
22.00%
Lease Rate
$33.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,886,980
Cap Rate 7%
$1,347,843
Cap Rate 9%
$1,048,322
Alternative Uses
Best Use
Office B
$1.35M
$1.18M – $1.57M
NOI $94,349 @ 7.0% cap
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.04M
$1.78M – $2.38M
NOI $142,710 @ 7.0% cap
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,617
Businesses Nearby
Explore this area
Business Placement
Demographics for 33028, FL
28,140
Population
9,297
Households
3
Avg Household Size
40
Median Age
57%
College-Educated
95%
High-School Grad
5.7 sq mi
ZIP Area
4,937
Density / Sq Mi
$111,553
Median Household Income
$52,225
Median Earnings
$2,417
Median Rent
$521,600
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Office Units in Pembroke Pines, FL
Properties on Market for Office Units in Pembroke Pines
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office unit - Third-floor office suite with an NNN structure, supporting tenant predictability through separate operating expense coverage.
Where is this office unit located?
The property is located at 2020 NW 150th Ave 304 Pembroke Pines, FL.
What are key features of this property?
This property features: NNN lease office suite on the third floor overlooking I‑75; Suite 304 available for lease with 5,176 RSF; Max contiguous office space is 4,800 SF
