8200 Sunrise BlvdPlantation, FL 33322

Property Details for 8200 Sunrise Blvd

Year built

1979

Construction

CONCRETE

Lot size

0.05 AC

Property size (Sq ft)

1,968 SF

Zone code

B-2P

Property type

Office buildings

APN

49-41-33-06-0032

APU

494133060032

Description

This exceptional commercial property, located at 8200 W Sunrise Blvd in Plantation, Florida, presents a compelling investment opportunity. The 6,661 square foot building sits on a 0.15-acre lot and is offered at $2,600,000. The property is a stabilized NNN (Net, Net, Net) investment, boasting strong, long-term tenants as detailed in the provided rent roll and floor plans. The sale includes Building A only, comprising a total of 6,565 square feet. Note that Suite A3, approximately 700 square feet of office space, is currently vacant, presenting potential for immediate income generation or owner-occupancy. This building is part of a well-maintained condo association, providing significant benefits to the owner. The association covers building insurance, exterior building maintenance, and water, minimizing operational concerns and maximizing the return on investment. This is an ideal opportunity for investors seeking a low-maintenance, high-return commercial property in a desirable Plantation location. Detailed financial information, including the rent roll and floor plans, is available upon request. Don't miss this chance to acquire a stable and profitable commercial asset.

• CAP approach

  CAP return

  Valuation

  6%

  $585,093

  6.5%

  $540,086

  7%

  $501,508

• Comparable approach

  Method

  Valuation

  Relative Method

  $581,387

  Geo Method

  $581,387

• Alternative Use

  Use

  Valuation

  Residential

  $669,706

  Hospitality

  $613,448

  Educational

  $510,381

  Medical

  $527,934

  Retail

  $793,926

Location Insight

City

Plantation

County

Broward

State

Florida

Latitude

26.1477

Longitude

-80.26

CBSA code

33100

CBSA name

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

Property Tax & Assessments

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