Sunrise Professional Center

Highlights:

• - Expansive 43,282 SF building offering versatile office space
• - Situated on a spacious 2-acre lot
• - Ample parking with 152 parking spaces
• - Fully renovated property for a modern and professional ambiance
• - Currently 88% occupied with a strong tenant mix
• - Impressive gross income of $645,108 per year
• - Net income of $529,258 per year
• - Offers a strong 8.14% capitalization rate at full asking price

Description:

The property comprises 43,282 SF and sits on a spacious 2-acre lot. It features ample parking with 152 spaces and has undergone a complete renovation. Currently, the property is 88% occupied with a robust tenant mix, grossing $645,108 and netting $529,258 annually. At full asking price, this yields a strong 8.14% capitalization rate for investors. Additionally, it can be delivered vacant for an owner-user, offering flexibility for future use.

Experience the thriving business environment surrounding the property at 5975 W Sunrise Boulevard in Sunrise, FL. Situated in a prime location, this area offers convenient access to major transportation routes, including the nearby W Sunrise Boulevard. Just a stone's throw away, the Sawgrass Mills Mall stands as one of the largest shopping and entertainment destinations in the United States, boasting an extensive selection of retail, dining, and leisure options. Additionally, the Bank Atlantic Center hosts a wide array of concerts, sporting events, and entertainment, adding to the dynamic allure of the area. With its strategic positioning and proximity to key amenities, Sunrise provides an enticing backdrop for an office or office building investment, promising a vibrant and flourishing environment for businesses and employees alike.