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6191 Orange Dr
Davie, FL 33314
Orange Plaza Center · Office Property For Sale

Property Facts

Property Type
Office
Property Subtype
Loft/Creative Space
Building Size
29,535 SF
Building Class
B
Year Built
1970
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
500 SF
Building FAR
0.38
Lot Size
1.80 AC
Zoning
Commercial
Parking
95 Spaces

Amenities

  • Atrium
  • Bus Line
  • Property Manager on Site
  • Restaurant

About 6191 ORANGE DR , DAVIE, FL 33314

Bonvie Realty, as the exclusive agent on behalf of the Owners, is proud to offer for sale 6191 Orange Drive, Orange Plaza Center, a 36,361 sq. ft. Office/Retail value-add open courtyard building for $4,500,000 & 6143-6121 Orange Drive, approximately .91 acres of land for $999,000 which are both located in the Western Theme District in the thriving Town of Davie. Both Orange Plaza Center and the .91 acre site equate to approximately 2.80 +/- acres of land for future Commercial development on Orange Drive, next to the infamous Grifs Western Leather Goods Store & Feed Shop. This rare trophy Office/Retail building consists of 36,361 square feet (“sf”) of gross leasable space among a wide array of stellar tenants with a proven tenured tenancy in a highly sought-after submarket of Downtown Davie. Its mix of office and retail tenants assures stability and rent growth and provides downside protection from significant hits to income. Many tenants have been at this plaza for years, a testament to the area’s exceptional demographics and high barriers to entry in this dense in-fill location. The .91 acre site consists of two folios being sold as a single site. Orange Plaza Center currently has well below market rents that can be increased while the area is maturing for the redevelopment of the entire site. Both subject properties are located within the RAC-TOS (Regional Activity Center-Transit Oriented Street Zoning District). Both Orange Plaza Center and 6143-6121 Orange Drive are being offered as a combined package for $5,499,000 or can be purchased separately for $4.5 million for Orange Plaza Center and $999,000 for the .91 acre. This generational asset, centrally located in the booming Town of Davie, has the potential to go up 4 stories for future Commercial development. Opportunities to acquire a stabilized office/retail center with significant upside and meaningful in-place cash flow in South Florida are rarely available.

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 50-41-26-02-0121
  • 50-41-26-16-0410
  • 50-41-26-02-0120
  • 50-41-26-02-0130
Land Assessment
$580,030
Improvements Assessment
$2,622,090
Total Assessment
$3,202,120
  • Listing ID: 16550700

  • Date on Market: 7/8/2019

  • Last Updated:

  • Address: 6191 Orange Dr, Davie, FL 33314

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