1064 Sunset StripSunrise, FL 33313

This fully renovated (2024) 15,638 square foot retail and executive office center in Sunrise, Florida presents a compelling value-add opportunity. Located on 1.17 acres of land with 49 parking spaces, the property boasts 100% occupancy across 20 units, all on NNN leases. The Coast Plaza benefits from a prime location on Sunset Strip, offering excellent visibility and accessibility, just ½ mile from the Florida Turnpike and four miles from I-95. Built in 1980, the extensive 2024 renovations included a new roof with a transferable 10-year warranty, new impact windows and doors, updated electrical panels, new HVAC units, new landscaping, and a brand-new monument sign. A 25-year certification was completed in April 2024. The property features a diverse tenant mix, serving a large residential population (277,000 within a 5-mile radius). Significant value-add potential exists due to 9,188 square feet (59%) of below-market-rate leases, offering future rental increases. The current NOI is $435,544.23, with a pro-forma NOI of $445,582, and an asking price of $5,649,500. A clean Phase I environmental report (2023) is on file. This is a turnkey investment with zero deferred maintenance.