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555 S Andrews Ave 50,611 SF 71% Leased Office Building Pompano Beach, FL 33069 $15,990,000 ($315.94/SF)



Investment Highlights
- 5 minutes to I-95
- Building went through a significant renovation in 2022
- 215 Parking Spaces on 5.31 Acres
- Industrial Zoning allows for a wide range of uses.
Executive Summary
555 SW 12th Avenue offers an irreplaceable location just five minutes from I-95, providing exceptional access across South Florida. The building encompasses 50,611
square feet of office space, situated on 5 acres with 215 parking spaces, allowing for a variety of permitted uses. Zoned industrial, this asset presents a strong covered land
opportunity with future redevelopment potential. Currently 71% occupied, there is 13,975 square feet available for lease. All existing tenants must remain in place. Financials are available upon request with a signed NDA.
square feet of office space, situated on 5 acres with 215 parking spaces, allowing for a variety of permitted uses. Zoned industrial, this asset presents a strong covered land
opportunity with future redevelopment potential. Currently 71% occupied, there is 13,975 square feet available for lease. All existing tenants must remain in place. Financials are available upon request with a signed NDA.
Data Room Click Here to Access
Property Facts
Sale Type
Investment or Owner User
Sale Conditions
Property Type
Office
Property Subtype
Building Size
50,611 SF
Building Class
B
Year Built/Renovated
1957/2022
Price
$15,990,000
Price Per SF
$315.94
Percent Leased
71%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
25,306 SF
Building FAR
0.22
Lot Size
5.31 AC
Zoning
I-1 - Industrial (I-1 Pompano Beach)
Parking
215 Spaces (4.25 Spaces per 1,000 SF Leased)
Amenities
- 24 Hour Access
- Controlled Access
- Signage
- Air Conditioning
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- Boyd Recovery
- -
- -
-
$9.99
-
Lorem Ipsum
-
Jan 0000
- PIRRX
- -
- -
-
$9.99
-
Lorem Ipsum
-
Jan 0000
- Regard Recovery of Florida LLC
- Health Care and Social Assistance
- -
- -
- -
-
Jan 0000
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| Boyd Recovery | - | - | $9.99 | Lorem Ipsum | Jan 0000 | |
| PIRRX | - | - | $9.99 | Lorem Ipsum | Jan 0000 | |
| Regard Recovery of Florida LLC | Health Care and Social Assistance | - | - | - | Jan 0000 |
Space Availability
- Space
- Size
- Space Use
- Condition
- Available
Tenant pays share of water & electric. Call Centers okay. Can combine with unit 204 with private elevator for 13,975 SF contiguous.
Tenant pays share of water & electric. Call Centers okay. Can combine with unit 104 with private elevator for 13,975 SF contiguous.
| Space | Size | Space Use | Condition | Available |
| 1st Fl-Ste 104 | 6,830 SF | Office | Full Build-Out | Now |
| 2nd Fl-Ste 204 | 7,145 SF | Office | Full Build-Out | Now |
1st Fl-Ste 104
| Size |
| 6,830 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| Now |
2nd Fl-Ste 204
| Size |
| 7,145 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| Now |
1 of 6
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1st Fl-Ste 104
| Size | 6,830 SF |
| Space Use | Office |
| Condition | Full Build-Out |
| Available | Now |
Tenant pays share of water & electric. Call Centers okay. Can combine with unit 204 with private elevator for 13,975 SF contiguous.
1 of 10
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
2nd Fl-Ste 204
| Size | 7,145 SF |
| Space Use | Office |
| Condition | Full Build-Out |
| Available | Now |
Tenant pays share of water & electric. Call Centers okay. Can combine with unit 104 with private elevator for 13,975 SF contiguous.
1 1
Property Taxes
| Parcel Number | 49-42-03-16-0010 | Improvements Assessment | $3,610,970 |
| Land Assessment | $1,621,770 | Total Assessment | $5,232,740 |
Property Taxes
Parcel Number
49-42-03-16-0010
Land Assessment
$1,621,770
Improvements Assessment
$3,610,970
Total Assessment
$5,232,740
1 of 28
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
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555 S Andrews Ave
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