For Sale
$5,915,000
7421-7497 4Th St Plantation, FL 33317
High-yield office building, 7% cap rate.
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 134
Highlights
- $5,915,000 asking price for a value-add, cash-flowing office building.
- 26,500 square feet, single-story building on a 2.01-acre lot in Plantation, Florida.
- 7.00% cap rate with a $414,000 NOI and 96% occupancy.
- Built in 1975, renovated in 2018, Class C property with 23 tenants in medical, legal, and financial services.
- Priced at $223.21 per square foot, below replacement cost.
Property Details for 7421-7497 4Th St
- Property type
- Office properties, Medical offices
- Square Feet
- 26,500 SF
- Class
- C
- Year Built/Renovated
- 1975/2018
- Buildings
- 1
- Stories
- 1
- Lot Size (sq. ft)
- 87,556 SF
Location Insight
- City
- Plantation
- County
- Broward
- State
- Florida
- Latitude
- 26.127175
- Longitude
- -80.248168
Nearby Similar for Sale
FAQs
- What type of property is this?
- Office property - High-yield office building, 7% cap rate.
- Where is the office property located?
- The property is located at 7421-7497 4Th St Plantation, FL.
- What is the asking price?
- The asking price for this property is $5,915,000.
- What are key features of this property?
- This property features: $5,915,000 asking price for a value-add, cash-flowing office building.; 26,500 square feet, single-story building on a 2.01-acre lot in Plantation, Florida.; 7.00% cap rate with a $414,000 NOI and 96% occupancy.
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