The subject property is a freestanding office building consisting of 2,173 square feet of usable space well situated on 9,652 square foot lot. This building has a very professional build-out consisting of several large executive offices, custom work stations, large executive conference room, camera systems, custom furniture, and much more. Perfect for any law firm or medical office use. Located in the heart of Downtown Fort Lauderdale less than a mile to the Broward County Courthouse. An investor can lease this property for $52 a square foot net ($105,000 per year) which would yield an investor an 11.05% capitalization rate at the full asking price. This property is being offered at only $437.18 price/sqft which is well below recent sales.
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.
