8870 W Oakland Park Blvd, Sunrise, FL
Modern office building in Sunrise, FL with long-term tenant.
- Added:
- Apr 8, 2025
- Days on Market:
- 433
- Last Refresh:
- May 19 at 10:02 pm
Property Features for 8870 W Oakland Park Blvd
General Information
- Standard status
- Active
- Size
- 3,244 SF
- Lot size
- 2.32 Acres
- Property subtype
- OFFICE
Listing agent Jordan Beck (954) 802-6031
Listing office Berger Commercial Realty Corp - Fort Lauderdale (954) 802-6031
Listing date Apr 8, 2025
Source Moodyscre
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All listing content including descriptions, pricing, images are the copyrighted material of Berger Commercial Realty Corp - Fort Lauderdale
HighLights
- Strategic location in the bustling Sunrise area with easy accessibility and visibility.
- Newly signed triple net lease with 3% annual escalations.
- Turnkey investment promising immediate returns.
- Long‑standing chiropractic tenant already in place.
- Modern, well‑maintained 3,244 SF office space built in 2009.
- B3 zoning allows for a range of professional uses.
Overview
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 | $147.9k | $45.60 |
| − Vacancy | −$33.3k | −$10.26 |
| EGI | $114.6k | $35.34 |
| − OpEx | −$28.7k | −$8.84 |
| NOI | $86.0k | $26.51 |
Alternative Uses
Current Use by Public Records
Map
- City
- Sunrise
- County
- Broward
- State
- Florida
- Longitude
- -80.1087
- Latitude
- 26.1426