1000 E. ATLANTIC BLVD., Pompano Beach, FL, 33060 - Available for Sale

Office For Sale

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VERMIL PROFESSIONAL BLDG.

1000 E. ATLANTIC BLVD., Pompano Beach, FL 33060

$3,000,000

16,791 SF | Office

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Office Property For Sale

Price:
$3,000,000
Building Size:
16,791 SF
Price/SF:
$178.67
Property Type:
Office
Property Sub-type:
Office Building
Property Use Type:
Investment
Commission Split:
3%
Cap Rate:
10%
Occupancy:
90%
Building Class:
B
Tenancy:
Multiple
Lot Size:
36,605 SF
APN / Parcel ID:
4942 01 03 0090
Listing ID
18202716
Last Updated
11 days ago

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Description

Located on busy E. Atlantic Blvd next to Walgreens, Disscount Autoparts, Bank of America, etc. This 2 story executive office suites property has been completely renovated. Additional layers of insulation to cut electric costs; A/C units on the roof are in excelent conditions. Easy property to operate - High occupancy rate - annual leases - 5% annual increases - 60 parking spaces & 3 handicap spots - almost a full city block - A real moneymaker - Development opportunity. Call L/A today.

APPROX. 1 MILE EAST OF I-95 ON THE CORNER OF SE 11TH AV. & ATLANTIC BLVD. ACROSS THE STREET FROM BANK OF AMERICA.

Financial Summary

  • Actual
  • $300,000

Map of 1000 E. ATLANTIC BLVD., Pompano Beach, FL 33060 (Broward County)

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Asking Price Index Trends for Pompano Beach, FL Office For Sale

  Jul 14 vs. 3 mo.
prior
Y-O-Y
-
State
$132+2.1%+3.8%
-
Metro
$204+2.4%+10.9%
-
County
$170+1.9%+9.2%

View Pompano Beach Market Trends for other property types for sale or lease. Learn more about the chart info.

VERMIL PROFESSIONAL BLDG.
  • Office
  • $3,000,000
  • 16,791 SF