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    3100 6Th Ave Fort Lauderdale, FL 33316

    For Sale
    Contact for pricing

    8,424 SF NNN Lease, High ROI

    Property size:
    8,424 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 8,424 square foot office building in Fort Lauderdale, Florida presents a compelling investment opportunity. Located at 3100 SE 6th Avenue, this single-story, 1972-built structure sits on a 106,235 square foot lot (APN: 5042 22 07 0640 & 5042 23 00 0240) and is zoned B-3, allowing for diverse commercial uses. Currently 100% occupied under a triple-net (NNN) lease with a single tenant, the lease features a three-year term remaining, followed by two five-year options. The annual rent escalates by 3% or CPI, whichever is greater. The property boasts a price per square foot of $1,412.63. The lease includes a landlord's 24-month termination clause. This prime location offers exceptional visibility and accessibility, with proximity to Fort Lauderdale-Hollywood International Airport and Port Everglades. The property's strategic location near numerous vehicle facilities further enhances its appeal. The existing structure provides immediate income potential while the expansive lot size presents significant redevelopment possibilities, including potential for hotel development up to 150 feet in height. This offering represents a rare chance to acquire a high-return investment in a rapidly growing area. The current lease's anniversary date is May, with a recent rent increase of 3.5%. This property is an ideal choice for investors seeking strong cash flow and long-term appreciation potential.

    Property Features for 3100 6Th Ave

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    8,424 SF

    Building Details

    Year Built
    1972
    Buildings
    1
    Stories
    1
    Units
    1

    HighLights

    • 8,424 SF office building in Fort Lauderdale, FL on a 106,235 SF lot.
    • Single‑story building, built in 1972, with B‑3 zoning.
    • 100% occupied under a triple‑net (NNN) lease with a single tenant; three years remaining on the initial term, with two five‑year options.
    • Annual rent escalates 3% or CPI, whichever is greater; recent 3.5% rent increase; lease anniversary in May.
    • Landlord has a 24‑month termination clause.
    • $1,412.63 price per square foot.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Car Rental Car Rental Agency

    Suggested Use

    Restaurant Realty agency Law Firm Dental Office Spa & Massage Building Supply Hair Salon Auto Repair Shop Wholesale Shop Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Fort Lauderdale
    County
    Broward
    State
    Florida
    Longitude
    -80.1368118
    Latitude
    26.0860567

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    FAQs

    What type of property is this?
    Office Property / Space - 8,424 SF NNN Lease, High ROI
    Where is this office property / space located?
    The property is located at 3100 6Th Ave Fort Lauderdale, FL.
    What are key features of this property?
    This property features: 8,424 SF office building in Fort Lauderdale, FL on a 106,235 SF lot.; Single-story building, built in 1972, with B-3 zoning.; 100% occupied under a triple-net (NNN) lease with a single tenant; three years remaining on the initial term, with two five-year options.
    (954) 254-3647
    Request Owner's contact information
    3100 6Th Ave Fort Lauderdale, FL 33316
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    Fort Lauderdale, FL 33316
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3100 6Th Ave Fort Lauderdale, FL 33316
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