Freestanding Office
For Sale
$975,000
6190 NW 11th Street, Sunrise, FL 33323
A multi-office layout includes a reception area, lounge with sink, gated parking, and separate front and rear entrances.
Property Size3,386 SF
Price / SF$287.95
Days on Market27
Property Features for 6190 NW 11th Street
General Information
Standard status
Active
Size
3,386 SF
Property subtype
Office
Additional Details
Highway Access
Yes
Office Units
8
Amenities
reception area
4 bathroom including one with shower
lounge area with sink
Building Details
Year Built
1975
Buildings
1
Listing Agency:
Absolute Realty Inc
Listed By:
Ian Carter · License #592049
(954) 791-8806
Source:
Lehmannflorida
Added: Sep 24
Changed: Oct 19
Last Checked: Oct 19 at 2:24PM
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
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Investment Insights
Based on property information with market context.
This freestanding office property contains 3,386 square feet, with eight offices and a reception area. The building also has four bathrooms, including one with a shower, plus a lounge area with a sink. Gated parking and entrances at both the front and rear provide additional functional features. The building dates to 1975.
Located in Sunrise, the property is near the Turnpike, I-95, and 595. Its office configuration and existing facilities support a range of professional occupancy arrangements.
Located in Sunrise, the property is near the Turnpike, I-95, and 595. Its office configuration and existing facilities support a range of professional occupancy arrangements.
Key Highlights
- 3,386‑square‑foot freestanding office building
- Eight offices and a 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
—
—
no second resolved use
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.
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Property Analytics
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Current Use
Lease Details
8
Office units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,163
Businesses Nearby
Explore this area
Business Placement
Demographics for 33323, FL
23,149
Population
9,356
Households
2.5
Avg Household Size
39
Median Age
48%
College-Educated
95%
High-School Grad
7.5 sq mi
ZIP Area
3,087
Density / Sq Mi
$109,569
Median Household Income
$50,565
Median Earnings
$2,512
Median Rent
$449,600
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office building - A multi-office layout includes a reception area, lounge with sink, gated parking, and separate front and rear entrances.
Where is this office building located?
The property is located at 6190 NW 11th Street 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 and a reception area; Four bathrooms, including one with a shower
