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840 SW 81st Ave
North Lauderdale, FL 33068 Lauderdale North Park

$7,895,000 USD

Office For Sale  •  55,000 SF

Property Details

  • Property Type Office
  • Total Building Size 55,000 SF
  • Lot Size 3.48 AC
  • Building Class B
  • Year Built 1985
  • Cap Rate 9.35 %
  • Tenancy Multiple
  • Zoning B-2
27 Transit Score
65 Walk Score

Highlights

Seize the opportunity to occupy or invest in a prime office facility with an alluring architectural design in North Lauderdale.
Explore the property's upside potential by evaluating tenants' rates against the current market rate and by filling remaining vacancies.
Caters to all businesses with flexible, highly customizable floor plans and a diverse tenant mix of office users, personal services, and more.
Tenants benefit from 24/7 access, a sizable conference room, a client waiting room, and a convenient shared kitchen.
Strategically located in a bustling residential neighborhood between highly visible US Highway 441 and University Drive.
Enjoy robust local demographics with over 51,000 daytime employees and nearly 70,000 households within a 3-mile radius.

Financial Summary (Proforma)

Net Operating Income: $738,479 USD (2023)
Cap Rate: 9.35 %
Total Expenses: $551,586 USD

Amenities

  • 24 Hour Access
  • Bus Line
  • Signage

Public Transportation

Commuter RailDriveWalkDistance
Cypress Creek (Tri-County Commuter - South Florida Regional Transportation Authority (Tri-Rail)) 12 min - 6.7 mi
Pompano Beach (Tri-County Commuter - South Florida Regional Transportation Authority (Tri-Rail)) 20 min - 9.7 mi
AirportDriveWalkDistance
Fort Lauderdale/Hollywood International 29 min - 17.8 mi
Miami International 53 min - 38.7 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 266
Type: Surface
Included in Rent: Yes
Adam Goldstein 754-310-6339 Trust Realty USA LLC
Adam Goldstein 754-310-6339 Trust Realty USA LLC