Furnished Office Building For
6115 Lyons Rd, Coconut Creek, FL 33073
Call to check price and availability
Class 'A' office building in Coconut Creek, move-in ready.
Type:Office
Property size:
9,866 SFPrice / SF:
$339/SF- Added:
- Oct 20, 2021
- Days on Market:
- 1687
- Last Refresh:
- May 19 at 8:44 pm
Property Features for 6115 Lyons Rd
General Information
- Standard status
- Active
- Size
- 9,866 SF
- Property subtype
- Office
Building Details
- Year Built
- 2006
Listing agent Les Byron SIOR CCIM License #FL 459992
Listing office SVN | Commercial Realty Fort Lauderdale (954) 234-8777
Listing date Oct 20, 2021
Source Crexi
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 SVN | Commercial Realty Fort Lauderdale
HighLights
- Fully furnished, Class 'A' office building - ready for immediate occupancy.
- Free‑standing building in Sawgrass Exchange Office Park.
- Excellent location in Coconut Creek, FL.
- Less than 1 mile to the Sawgrass Expressway.
- Built in 2006.
- Opportunity to own, not lease.
Overview
This is an opportunity to acquire a freestanding Class 'A' office building located in the Sawgrass Exchange Office Park in Coconut Creek, Florida. The property is fully furnished, allowing for immediate occupancy upon closing. The building contains 9,866 square feet of office space. The property is situated less than one mile from the Sawgrass Expressway.
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 | $449.9k | $45.60 |
| − Vacancy | −$101.2k | −$10.26 |
| EGI | $348.7k | $35.34 |
| − OpEx | −$87.2k | −$8.84 |
| NOI | $261.5k | $26.51 |
9,866 SF · lease $45.60/SF/yr · vacancy 22.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$3.74M
$3.27M – $4.36M
NOI $261,498 @ 7.0% cap · market cap 7.81%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$5.01M
$4.38M – $5.84M
NOI $350,381 @ 7.0% cap · market cap 10.46%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Office buildings
Location Insight
- Map
- Local Demand
- City
- Coconut Creek
- County
- Broward
- State
- Florida
- Longitude
- -80.1878443
- Latitude
- 26.3048295
Nearby Similar for Sale
FAQs
What type of property is this?
Office building - Class 'A' office building in Coconut Creek, move-in ready.
Where is this office building located?
The property is located at 6115 Lyons Rd Coconut Creek, FL.
What is the asking price?
The asking price for this property is $3,350,000.
What are key features of this property?
This property features: Fully furnished, Class 'A' office building - ready for immediate occupancy.; Free‑standing building in Sawgrass Exchange Office Park.; Excellent location in Coconut Creek, FL.
