CONFIDENTIAL LISTING – PRIME BROWARD COUNTY BUSINESS CENTER

Income-Producing Office / Warehouse / Flex Property – 74 Tenants – 79,000 Sq Ft

Asking Price: $13,500,000
Real Estate Included
Annual Net Operating Income (NOI): $677,623
CAP Rate: 5.02%

BUSINESS DESCRIPTION

Exceptional income-producing Office / Warehouse / Flex Business Center located in Prime Broward County. This highly stable commercial property offers 79,000 sq ft of rentable space across 74 diverse tenants, including 46 executive office suites and 39 warehouse/flex units. Tenant diversification dramatically reduces risk and maintains historically high occupancy.

The property benefits from Light Industrial & B-5 zoning, creating unmatched flexibility for a wide range of business uses. Located minutes from major regional arteries and surrounded by high-demand commercial and residential zones, this is one of the strongest commercial plays in the Broward County market.

KEY FEATURES

• 74 Active Tenants

  • 46 Executive Suites

  • 39 Flex / Warehouse Units

• 79,000 Sq Ft Income-Producing Business Center

• Light Industrial & B-5 Zoning (supports an array of business uses)

• Foam Roof (approx. 18 years old, 25–30 year lifespan)

• Built in 1990 – Passed recent structural inspection

• Prime Broward County Location (high demand, easy access to Sawgrass Expressway)

• Strong, diversified rent roll minimizing vacancy risk

FINANCIAL HIGHLIGHTS

Total Rental Income: $1,170,581
Total Operating Expenses: $492,958
Net Operating Income (NOI): $677,623

CAP Rate at Asking: 5.02%
Asking Price: $13,500,000

Comparable Market Advantage

A comparable 77,562 sq ft flex plaza sold for $18,450,000 on 11/01/2024.
This subject property (79,000 sq ft) is offered at ~27% below recent comparable sales, creating an extraordinary investor value opportunity.

INVESTMENT HIGHLIGHTS

• Strong and predictable cash flow

• High-demand flex/industrial sub-market

• Long-term tenant retention

• Solid physical condition with roof longevity

• Low maintenance cost structure

• Ideal for 1031 exchange buyers, institutional investors, family offices, and overseas buyers

• Major upside potential through rent increases and executive suite modernization

GROWTH OPPORTUNITIES

• Adjust rental rates to market levels

• Upgrade executive suites for premium rates

• Add virtual office memberships

• Add digital directory, shared amenities, or co-working enhancements

• Increase parking monetization

• Long-term redevelopment potential under B-5 zoning

IDEAL FOR VISA BUYERS (E-2 / L-1 / L-5)

This property meets visa criteria due to:

• Active business operations

• 74 tenants requiring ongoing management

• Payroll, subcontractors, and vendors

• U.S. economic activity

• Strong investment structure

REAL ESTATE

Type: Flex / Office / Warehouse
Building Size: 79,000 sq ft
Lot Size: Large multi-acre campus (courtyard design)
Year Built: 1990
Parking: Ample on-site
Condition: Excellent
Roof: Foam, approx. 18 years old

CONFIDENTIAL INFORMATION

No direct contact with tenants or management.
Property tours available only with proof of funds and NDA.