Sopher Center 4000 N State Road 7 37,150 SF 100% Leased Office Building Lauderdale Lakes, FL 33319 $5,230,000 ($140.78/SF) 10.19% Cap Rate

Sopher Center priced to sale, if new owner would like to occupy part of the building the option to do so is there call for explanation, owner manger can net 10% present plus cap rate ,please see building video on you tub ,https://youtu.be/3jnrzNEIfq0. Ideal for buyer that is looking to add to their current real estate portfolio, great opportunity, completely renovated four story 37,150 feet (offered at $141 per sq foot) luxurious class B office/retail building, in the heart of Broward County (441). Daily traffic counts exceed 50,000 vehicles daily. new impact windows, marble bathrooms, marble lobby, 50-year recertification inspections completed. lots Parking, New electrical throw-out the building, over 95% occupancy, cap rate potential is over 10% within 6 months of ownership lots of upside potential. building was renovated to meet local business needs. approximately 44 stores and offices with tenants and members, Type of current Tenants, Doctor, pharmacy, day care, hair salons, nursing school, lawyer’s office, tax office, insurance agency, health care providers, real estate office, general contractor, ac contractor, electrical contractor, mortgage broker ,many co sharing members units, and much more. expenses are approximately $7.00 per square foot. Easy to manage building, great current income. See video: https://youtu.be/3jnrzNEIfq0 ,
Driving Directions: 441 between Oakland and commercial. (building is located in Opportunity Zone consultee with your CPA and Attorney about many tax advantages of owning a building in opportunity Zone )
see attachments for building floor plans 1/ 2/3/4 floors, Call Rafael Sopher Owner/Real Estate Broker for more information 305 528 0596 owners' real estate/management office is onsite in suite #404 .