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1250 S Pine Island Rd
Plantation, FL 33324
Cornerstone Five · Office Property For Sale
Investment Highlights
- Significant Mark-to-Market: In-place rents average 19.4% below market presenting the opportunity to grow NOI substantially over the next 5 years.
- Premier Location: Immediate access to I-595 with direct frontage and unparalleled regional connectivity to ~2.6 million people within a 30-min drive.
- One of South Florida's Best Micro Markets: Midtown Plantation has seen 41% rent growth over the past five years.
- High-Quality Anchor Tenancy: 100% occupied with strong creditworthy tenants including private equity firm Exuma Capital (25% of building).
Property Facts
Property Type
Office
Building Size
52,424 SF
Building Class
A
LoopNet Rating
4 Star
Year Built/Renovated
2008/2021
Tenancy
Multiple
Building Height
5 Stories
Typical Floor Size
10,485 SF
Slab To Slab
13’
Building FAR
0.55
Lot Size
2.17 AC
Zoning
B-7Q - Planned Commercial Development
Parking
220 Spaces (4.2 Spaces per 1,000 SF Leased)
Amenities
- 24 Hour Access
- Controlled Access
- Property Manager on Site
- Security System
- Wheelchair Accessible
- Air Conditioning
Property Taxes
| Parcel Number | 50-41-16-29-0010 | Improvements Assessment | $12,380,520 |
| Land Assessment | $1,114,740 | Total Assessment | $13,495,260 |
Property Taxes
Parcel Number
50-41-16-29-0010
Land Assessment
$1,114,740
Improvements Assessment
$12,380,520
Total Assessment
$13,495,260
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