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Plantation Square 7330-7350 NW 5th St 20,086 SF 100% Leased Office Building Plantation, FL 33317 $5,850,000 ($291.25/SF) 6.15% Cap Rate



Investment Highlights
- Great investment opportunity
- Great location directly across from Independence Park
- Close to amenities
Executive Summary
Two twin medical & professional buildings consisting of 20,083 sq. ft. The buildings are 100% leased to primarily long-term, creditworthy tenants, including national, regional, and local entities. Great location! Directly across from Independence Park. A very desirable location with quasi-retail on 5th Street, easy access, and 5.2/1000 medical parking.
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Property Facts
Sale Type
Investment NNN
Property Type
Office
Property Subtype
Medical
Building Size
20,086 SF
Building Class
C
Year Built/Renovated
1972/2012
Price
$5,850,000
Price Per SF
$291.25
Cap Rate
6.15%
NOI
$360,000
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
20,086 SF
Building FAR
0.20
Lot Size
2.26 AC
Zoning
B-4P, Plantation - "Heavy Business" district, allowing for a wide range of moderate to high-intensity retail, service, office, recreation, and institutional uses. Proper
Parking
120 Spaces (5.2 Spaces per 1,000 SF Leased)
Amenities
- Bus Line
Property Taxes
| Parcel Number | 50-41-03-33-0010 | Improvements Assessment | $1,136,260 |
| Land Assessment | $631,540 | Total Assessment | $1,767,800 |
Property Taxes
Parcel Number
50-41-03-33-0010
Land Assessment
$631,540
Improvements Assessment
$1,136,260
Total Assessment
$1,767,800
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Plantation Square | 7330-7350 NW 5th St
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