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Property profile & analytics
FOR LEASE
Office buildings

1000 Corporate Dr Fort Lauderdale, FL 33334

139,864 SF 6.32 ac lot Built 1987
Entity Owned 7-yr Hold Free & Clear
Property ID
US18-4053832
Property summary
AI-generated overview

This exceptional sublease opportunity presents a fully built-out 5,532 square foot Class A office space in the heart of Fort Lauderdale's Cypress Creek submarket, at 1000 Corporate Drive, Suite 250, 33334. The space boasts beautiful modern finishes, including an open plan layout, three private executive offices, and a conference room, all with abundant natural light from floor-to-ceiling glass. Enjoy a below-market rate through November 30, 2028, with a significant 6-month rental abatement and a $5,000 gift card incentive for subtenants. The building features an impressive atrium lobby with marble accents and picturesque views, renovated common areas and bathrooms, and new landscaping. Its prime location offers easy access to major South Florida highways, is adjacent to the Westin Hotel, and is surrounded by lakes and lush landscaping. Amenities include ample parking (4 spaces per 1,000 sq ft) and proximity to a cafe and numerous restaurants (within a 2-minute drive). The property is zoned O-P and features a traditional office layout suitable for executive needs. This is a rare opportunity to secure high-quality office space in a desirable location at an attractive price point.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING (MULTI-STORY)
Year built 1987
Construction CONCRETE
Total area 139,864 SF
Lot 6.32 ac (275,188 SF)
Zoning code O-P
APN 49-42-11-24-0040
UPID US18-4053832
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Herlin Financial Services Insurance Agency
  • Rhonda Rone Physician
  • Clean Net of Miami (South Florida) General Contractor
  • Cleannet of South Florida General Contractor
  • Vensure Employer Services - PEO Services in Florida Employment Agency Business Service Center
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$65.94M
Comparable Approach Comparable
$48.52M
Blend (final) Blend
$49.87M
Owner & transaction history
Rcc III LLC · 7 yrs held
Rcc III LLC
since 2019
4 recorded transactions
2019
$24.2M
2017
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
O-P · Fort Lauderdale, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general) $72.4M +35.0%
Industrial (general) $65.7M +22.5%
Medical building $65.2M +21.5%
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More about this property
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