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Bayridge 3035 3035 E Commercial Blvd 6,956 SF 50% Leased Office Building Fort Lauderdale, FL 33308 $2,800,000 ($402.53/SF) 2.51% Cap Rate



Executive Summary
Rich Commercial Group is pleased to be the exclusive advisor in the sale of 3035 E. Commercial Blvd. Owner is an established dental operator with multiple locations.
Seller will lease back 50% of the building for 10 years NNN providing inplace income while remaining vacancy offers flexibility for an owner-user or additional rental upside.
Seller will lease back 50% of the building for 10 years NNN providing inplace income while remaining vacancy offers flexibility for an owner-user or additional rental upside.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Medical
Building Size
6,956 SF
Building Class
B
Year Built
1972
Price
$2,800,000
Price Per SF
$402.53
Cap Rate
2.51%
NOI
$70,280
Percent Leased
50%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
3,478 SF
Building FAR
2.00
Lot Size
0.08 AC
Zoning
CB - Community Business District
Amenities
- 24 Hour Access
- Signage
- Partitioned Offices
- Air Conditioning
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Coral Ridge Smile
- Health Care and Social Assistance
- -
- -
- -
- Goodness Management Llc
- Administrative and Support Services
- -
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Coral Ridge Smile | Health Care and Social Assistance | - | - | - | ||
| Goodness Management Llc | Administrative and Support Services | - | - | - |
Moderately walkable
70/100
Moderately drivable
60/100
Limited public transit
30/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 49-42-13-07-0590 | Improvements Assessment | $1,340,340 |
| Land Assessment | $122,500 | Total Assessment | $1,583,350 |
Property Taxes
Parcel Number
49-42-13-07-0590
Land Assessment
$122,500
Improvements Assessment
$1,340,340
Total Assessment
$1,583,350
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Bayridge 3035 | 3035 E Commercial Blvd
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