840 SW 81st Ave, North Lauderdale, FL 33068

Building Details

Year Built

1985

Listing office Trust Realty USA

Listing date Jun 2, 2023

Source Crexi

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Overview

The property at 840 SW 81st Avenue is a four-story building offering 55,000 square feet of Class B office space. The building features flexible, easily customizable floor plans suitable for various businesses, including office users, salons, moving companies, data entry businesses, and yoga and dance studios. On-site amenities include a daycare, a shared kitchen, a client waiting room, and a conference room. The property is located between Highway 441 and University Drive, with convenient access to the Turnpike, providing access to Broward County within 30 minutes. Currently, only the first floor is occupied, representing approximately 25% occupancy. This property presents a value-add opportunity for investors or an ideal situation for an owner-user looking to establish a business in North Lauderdale.

Map

City

North Lauderdale

County

Broward

State

Florida

Longitude

-80.2162

Latitude

26.2166

FAQs

What type of property is this?

Office building - 55,000 SF Class B office building in North Lauderdale.

Where is this office building located?

The property is located at 840 SW 81st Ave North Lauderdale, FL.

What is the asking price?

The asking price for this property is $7,895,000.

What are key features of this property?

This property features: High proforma cap rate (over 9%); Value‑add opportunity with low occupancy (25%); Flexible, customizable floor plans