BBNT office building for sale located at 1771 N State Road 7 Lauderhill Florida.The subject property consists of +/- 36,258 sf of leasable space situated on a large 81,142 sf lot. There is ample parking at this location with over 130 ground floor parking spaces. This property is anchored by long time tenant BBNT bank who is occupying 4,600 sf of the first floor. They have 5 years left on their base term, with 4, 5-year options to renew.The balance of this building is vacant and ready to owner use or lease to new tenants. When this property is leased at market rates, this property will produce +/- $619,780 per year in net operating income, providing an investor with an above market capitalization rate of 15.5% on a pro-forma basis.
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
