Furnished Class A Office
For Sale
$3,350,000
6115 Lyons Road, Coconut Creek, FL 33073
Fully furnished Class A office building in Coconut Creek, Florida.
Property Size9,866 SF
Price / SF$339.55
Days on Market251
Property Features for 6115 Lyons Road
General Information
Standard status
Active
Size
9,866 SF
Class
A
Property subtype
Office
Building Details
Building Size
9,866 SF
Year Built
2006
Listing Agency:
SVN - Commercial Realty | Fort Lauderdale
Listed By:
Les Byron, SIOR, CCIM
(954) 401-4713
Source:
Svn
Added: Jan 27
Changed: Sep 4
Last Checked: Oct 5 at 4:46PM
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
Investment Insights
Based on property information with market context.
This is a free-standing Class A office building located in the Sawgrass Exchange Office Park in Coconut Creek, Florida. The two-story building features elevator service and a marble floor lobby and hallways. The property is fully furnished and includes conference rooms, a break room, a kitchen, and a reception area. It also contains 18 private offices and open work areas. The building is equipped with impact glass and LED lights, and features extensive use of wood trim, chair rails, and wood blinds. The property is located less than one mile from the Sawgrass Expressway and less than two miles from Florida’s Turnpike. The building has a total size of 9866 square feet. Note that the first floor has been leased.
Key Highlights
- Fully furnished, move‑in ready Class 'A' office building.
- Excellent location: Less than 1 mile to Sawgrass Expressway and less than 2 miles to Florida’s Turnpike.
- Features include conference rooms, break room, kitchen, and reception area.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$261,498
Cap Rate
7.81%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,229,960
$5.2M
Cap Rate 7%
$3,735,686
$3.7M
Cap Rate 9%
$2,905,533
$2.9M
Market Conditions
NOI Build-Up for 9,866 SF
Gross rent
$449.9K $45.60/SF
− Vacancy
−$101.2K −$10.26/SF
EGI
$348.7K $35.34/SF
− OpEx
−$87.2K −$8.84/SF
NOI
$261.5K $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%
$5,229,960
Cap Rate 7%
$3,735,686
Cap Rate 9%
$2,905,533
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 authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
800
Businesses Nearby
Explore this area
Business Placement
Demographics for 33073, FL
32,853
Population
12,708
Households
2.6
Avg Household Size
38
Median Age
38%
College-Educated
93%
High-School Grad
8.1 sq mi
ZIP Area
4,056
Density / Sq Mi
$99,269
Median Household Income
$50,754
Median Earnings
$2,193
Median Rent
$453,700
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
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Frequently Asked Questions
What type of property is this?
Office building - Fully furnished Class A office building in Coconut Creek, Florida.
Where is this office building located?
The property is located at 6115 Lyons Road 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, move‑in ready Class 'A' office building.; Excellent location: Less than 1 mile to Sawgrass Expressway and less than 2 miles to Florida’s Turnpike.; Features include conference rooms, break room, kitchen, and reception area.
