This Office Property is Off-Market.

3800 W Broward Boulevard
Plantation, FL 33312 ·

32,688 SF · Office For Sale

N/A

Print

Bank of America at Grove East

Price N/A Cap Rate 8.22%
Building Size 32,688 SF Occupancy 100%
Property Type Office Building Class B
Property Sub-type Office Building Tenancy Multiple
Property Use Type Net Lease Investment with 10+ years left on lease Lot Size 0.83 AC
Listing ID: 17300654 Date Created: 08/22/2011 Last Updated: 12/16/2011

Description

The property is located at 3800 W Broward Boulevard and is situated within the Plantation sub-market of Fort Lauderdale, Florida. The property is a class B 32,688-rentable square foot office building that fronts West Broward Boulevard, just east of State Road 441 and the Florida Turnpike. The location is very favorable for its accessibility to the Miami Dade, Broward and West Palm Beach markets.

The property is 100 percent occupied by two tenants: Bank of America with seven years left on their lease and Chrysalis Health who will be signing a brand new 10 year lease at closing. The property is currently the corporate headquarters for Chrysalis Health, a fast growing healthcare company specializing in mental health services with over seven locations in the tri-county area and over 400 employees. This opportunity will provide an investor long term stable cash flow with annual escalation and little to no management requirements.

Research

3800 W Broward Boulevard, Plantation, FL 33312

Property Record Data - Historical Listings, current tax, mortgage, owners & tenant info for this property

Plantation Market Trends - Asking price index trends, sale price trends, asking rent trends

Benjamin Silver's Other Listings

The LoopNet service and information provided therein, while believed to be accurate, are provided "as is". LoopNet disclaims any and all representations, warranties, or guarantees of any kind.

I am a place holder, please don't judge me!!! (no, I judge you!)