7100 WEST COMMERCIAL BLVD, Fort Lauderdale

Detailed Description: This prime location offers signage, excellent visibility and accessibility, positioned along a bustling commercial corridor with proximity to major roadways such as Florida’s Turnpike and University Drive. The property comprises 33,178 sq.ft of office space, situated on a 115,998 sq.ft lot with 85 parking spaces, offering a total of 20 units within this corporate center. The property also offers 7,000 sq.ft of contiguous space, ideal for an owner-user while maintaining income from the remaining tenants. Currently 78% occupied by twelve tenants, the property generates $341,276 annually with a 4.7% actual capitalization rate. An investor can lease out the vacant units at market rates to increase the annual net income to $585,980.87, providing a strong 8.1% cap rate. This prime location and value-driven pricing make it an unparalleled opportunity for investors.