The subject property is a ±7,593 SF freestanding commercial building located on a 39,015 SF lot in Tamarac, Florida. The property is 100% leased to a single tenant under a triple net lease structure with 3% annual rental increases through December 2029, including two 5-year renewal options. The building is fully built out for educational use and includes six classrooms, a library, reception and lobby area, two administrative offices, break room, multiple restrooms, and 35 on-site parking spaces. This offering provides stable in-place NNN income with contractual rent growth and long-term lease term in an established Broward County corridor.
| MLS # | A11963851 |
|---|---|
| Listing Type | For Sale |
| Style | Office |
| Sub-Type | Resale |
| Status | Active |
| Year | 1986 |
| Days On Site | 206 |
| Listing Provided By | RE/MAX 5 Star Realty | John DeMarco |
| SQ Feet | 7,832 |
|---|---|
| Acreage | 0.18 |
| Tax Annual Amount | 29873 |
|---|
| State | FL |
|---|---|
| County | Broward |
| City | Tamarac |
| Zip Code | 33321 |
| Area | 3820 |
| Listing VS Median (in 33321) | |
Price: $5,000,000 low | high Med: $170,000 sqft: 7,832 low | high Med: 1,198 $ / sqft: $638 low | high Med: $142 On site: 206 low | high Med: 1289 | |
| State | FL |
|---|---|
| County | Broward |
| City | Tamarac |
| Zip Code | 33321 |
| Area | 3820 |
| Listing VS Median (in 33321) | |
Price: $5,000,000 low | high Med: $170,000 sqft: 7,832 low | high Med: 1,198 $ / sqft: $638 low | high Med: $142 On site: 206 low | high Med: 1289 | |