8850 Oakland Park BlvdSunrise, FL 33351

Property Details for 8850 Oakland Park Blvd

Year built

2008

Construction

CONCRETE

Lot size

1.87 AC

Property size (Sq ft)

12,549 SF

Zone code

B-3

Property type

Office properties

Property subtype

Office buildings

APN

49-41-20-41-0010

APU

494120410010

Description

This exceptional two-story, Class B office building in Sunrise, Florida, presents a compelling owner-user investment opportunity. Located at 8850 W Oakland Park Blvd, 33351, this property boasts a total of 12,549 square feet, with 6,275 square feet currently net rentable. The building, constructed in 2009, sits on a sizable 81,500 square foot lot (APN 49-41-20-41-0010) and offers ample parking. Currently at 50% occupancy since December 1, 2020, this presents a chance to customize the space to suit your business needs. The asking price is $4,050,000, translating to $322.73 per square foot. The property is a multi-tenant building with a NNN lease type, ideal for generating rental income while occupying a portion of the space. Its central Broward County location provides excellent accessibility and visibility. This move-in ready building is perfect for a company seeking corporate headquarters or a business needing both upper and lower floor office space. The building's pristine condition and strategic location make it an attractive investment for both immediate use and long-term growth.

• CAP approach

  CAP return

  Valuation

  6%

  $3,730,860

  6.5%

  $3,443,871

  7%

  $3,197,880

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,707,226

  Geo Method

  $3,707,226

• Alternative Use

  Use

  Valuation

  Residential

  $4,270,400

  Hospitality

  $3,911,663

  Educational

  $3,254,458

  Medical

  $3,366,384

  Retail

  $5,062,490

Location Insight

City

Sunrise

County

Broward

State

Florida

Latitude

26.1677

Longitude

-80.2689

CBSA code

33100

CBSA name

MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

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.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].