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8870 W Oakland Park Blvd - TransCapitol Professional Building

3,244 SF Office/Medical Condo Unit Offered at $1,100,000 in Sunrise, FL 33351

Investment Highlights

  • This well-established chiropractic business just signed a new, 5 year, triple-net lease.

Executive Summary

Explore an exceptional opportunity with this prime office building in Sunrise, FL, featuring a long-standing chiropractic location under a newly signed triple net lease with 3% annual escalations. Boasting 3,244 SF of modern, well-maintained space, this property offers a lucrative investment with minimal landlord responsibilities. Built in 2009 and comprising one unit, this B3-zoned building ensures versatility for a range of professional uses. The property's strategic location in the bustling Sunrise area provides easy accessibility and visibility to tenants and clients alike. With a strong leasing history and existing tenant base, this turnkey investment promises immediate returns and long-term value for discerning office building investors.

Data Room Click Here to Access

Property Facts

Price $1,100,000
Unit Size 3,244 SF
No. Units 1
Total Building Size 9,225 SF
Property Type Office (Condo)
Property Subtype Medical
Sale Type Investment NNN
Building Class B
Floors 1
Typical Floor Size 9,225 SF
Year Built 2009
Lot Size 1.07 AC
Parking Ratio 0.54/1,000 SF
Sale Conditions 1031 Exchange

1 Unit Available

Unit 102

Unit Size 3,244 SF
Price $1,100,000
Price Per SF $339.09
Condo Use Office/Medical
Sale Type Investment
Cap Rate 5.96%
NOI $65,560
Sale Conditions 1031 Exchange
Description

Suite 102 consists of well-appointed office space that is being used by a well-established chiropractic business. This unit is one out of four total in the building, making this part of an association that is very easy to run and manage.

Sale Notes

This well-established chiropractic business just signed a new, 5 year, triple-net lease. This offers a new buyer the chance to own a very well-maintained income producing property with minimal landlord responsibilities. For additional lease information, please execute the confidentiality agreement contained herein.

Amenities

  • 24 Hour Access
  • Bus Line
  • Controlled Access

zoning

Zoning Code B-3 (Office buildings, non-professional services buildings, multi-story)
B-3 (Office buildings, non-professional services buildings, multi-story)
  • Listing ID: 33411254

  • Date on Market: 10/4/2024

  • Last Updated:

  • Address: 8870 W Oakland Park Blvd, Sunrise, FL 33351

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