4000 N State Road 7

Description:

completely renovated four story 37,150 feet luxurious class B office/retail building, in the heart of Broward County. Daily traffic counts exceed 50,000 vehicles daily. new impact windows, marble bathrooms, marble lobby, two elevators. lots Parking New electrical. 80 rentable units and over 90% occupancy, cap rate potential is over 10% lots of upside potential. Current modified building to local business needs. tenants: urgent care, doctors, pharmacy, day care, hair salons, nursing school, lawyer's office, tax office, travel agency, insurance agency, health care providers, real estate office, general contractor, ac contractor, electrical contractor, mortgage broker and much more. expenses are approximately $7.00 per square foot. Easy to manage ,great current income .easy to manage This is a completely renovated four story luxurious class B office/retail building in the heart of Broward County. Located on the busy 441 West of I-95 between Oakland Park Blvd and Commercial Blvd it has easy access to I-95 and Turnpike Exits. . The building has new impact windows, marble bathrooms, marble lobby with upgraded finishes and high-speed internet throughout the building. There are new CENTRAL air conditioning units and two elevators. Parking surrounds the building. New electrical. SALES LISTING Asking Sale price as follows: $5,330,000 total asking price ($143.50 per square foot) Great current income plus new owner can increase rents in day one. Sopher Center has over 70 rentable units and over 90% occupancy , The cap rate potential is over 10% with lots of upside potential. Current owner modified the building to local business needs. Lots of tenants been in building for a long time. The building has diverse tenants: urgent care, doctors, pharmacy, day care, hair salons, nursing school, lawyer's office, tax office, travel agency, insurance agency, security company, health care providers, real estate office, general contractor, ac contractor, electrical contractor, mortgage broker and much more. Current expenses are approximately $7.00 per square foot. Easy to manage Serious buyers only,