For Sale
$12,000,000

6245 Federal Hwy Fort Lauderdale, FL 33308

Prime Medical/Office Space, High Income Potential

Overview

Added:
Dec 11, 2024
Days on market:
137
This exceptional 44,564 square foot multi-tenant office building in Fort Lauderdale, Florida presents a compelling investment opportunity. Located at 6245 N Federal Hwy, this single building property sits on a 1.542-acre lot (APN 494212250010) and boasts a prominent location with excellent visibility on Federal Highway. Constructed in 1990, the building currently enjoys 72% occupancy. The property offers a significant upside potential due to below-market rental rates and the absence of long-term leases. A substantial portion of the building is currently available, providing an ideal opportunity for an owner-user or a savvy investor looking to capitalize on the strong rental market. The ground floor features prime space previously occupied by Wells Fargo Bank, including a drive-through, offering unique possibilities. Additionally, the building's rooftop provides excellent signage opportunities. This property is zoned for medical and traditional office uses, making it a versatile investment in a thriving Florida market. The asking price is $12,000,000. This is a rare chance to acquire a well-located, income-producing asset with substantial growth potential.

Highlights

  • $12,000,000 asking price.
  • 44,564 square foot office building.
  • Multi-tenant property with 72% occupancy.
  • Located at 6245 N Federal Hwy, Fort Lauderdale, FL 33308.
  • 1.542-acre lot.
  • Built in 1990.

Property Details for 6245 Federal Hwy

Property type
Office properties, Medical offices
Square Feet
44,564 SF
Year Built
1990
Buildings
1
Lot Size (sq. ft)
67,170 SF

Location Insight

City
Fort Lauderdale
County
Broward
State
Florida
Latitude
26.204999
Longitude
-80.1089832

FAQs

What type of property is this?
Office property - Prime Medical/Office Space, High Income Potential
Where is the office property located?
The property is located at 6245 Federal Hwy Fort Lauderdale, FL.
What is the asking price?
The asking price for this property is $12,000,000.
What are key features of this property?
This property features: $12,000,000 asking price.; 44,564 square foot office building.; Multi-tenant property with 72% occupancy.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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6245 Federal Hwy
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