311 SE 9th Ct
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311 SE 9th Ct
76,126 SF 100% Leased 4-Star Office Building Hallandale Beach, FL 33009 $41,500,000 ($545/SF) 10% Cap Rate
Investment Highlights
- Investor Equity For Sale in Top Traffic Location
Executive Summary
BRAND NEW OFFICE BUILDING NEXT DOOR TO AVENTURA!! Next door office rent comparables are renting office units at $1,200/mo which is equivalent to $177 per sqft for rent for the year! This opportunity boasts a prime location and a once in a lifetime opportunity. The seller has owned the land for many years and this presents a great opportunity for a 1031 exchange. You only need 10% down, seller will arrange financing for qualified buyers.
Property Facts
Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
76,126 SF
Building Class
A
LoopNet Rating
4 Star
Year Built
2027
Construction Status
Proposed
Price
$41,500,000
Price Per SF
$545
Cap Rate
10%
NOI
$4,150,000
Percent Leased
100%
Tenancy
Multiple
Building Height
6 Stories
Typical Floor Size
12,688 SF
Building FAR
1.65
Lot Size
1.06 AC
Opportunity Zone
Yes
Zoning
GC - General Commercial
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311 SE 9th Ct
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