1771 N State Road 7
Fort Lauderdale, FL 33313
Office Property For Sale

This property is strategically located on State Road 7 (US Highway 441) in Lauderhill which is within the general Fort Lauderdale submarket area. The subject property consists of +/36,258 sf of leasable space, well situated on a large double lot consisting of 81,142 sf or 1.86 acres. There is ample parking at this location with over 130 ground floor parking spaces. This property consists of 4 stories along with a large usable basement. This property is anchored by long-time tenant BBNT bank, with a new corporate lease. BBNT occupies 4,600 sf of the first floor. New elevators in place and good working conditions. The first floor is in excellent condition. When this property is leased at market rates, this property will produce +/­ $619,780 per year in net operating income, providing an investor with an above-market capitalization rate of 16.75% on a pro­-forma basis. Excellent value add opportunity. Please remember to not disturb existing tenants, all showings are by appointment only, call for additional information. See the offering memorandum for more information.