8360 W Oakland Park Blvd
Sunrise, FL 33351

Very Well Maintained Building by Owner/Occupant Technology Company. Full Building Diesel Generator, 230KVA, about 10 years old in perfect condition with a 850 Gallon built in tank, completed redone Electric with sub-metering ducts/panels installed ready to go (over $125K spent on Electric Re-do/Generator/ATS). Multiple Telecom fiber feeds into building for low cost super high speed internet (ATT, Comcast and FPL Fibernet). . This building is currently leased to many professionals (CPAs) and technologists. At $2.7m this building is below its replacement cost and with a current 8% cap rate at $2.7m along with its current rents currently averaging $12/sqft in a market that commands $14/sqft, this building is easily within reach of a 10% cap rate from rent increases and filling it's last 9.5% of unoccupied space and unfinished/under leased space. This building is a steal, especially compared to the twin building next door at 8358 which is exactly the same size and layout with under 50% rented and an asking price considerably higher.