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Crawford & Company | 64,241 SF Office Building

1391 NW 136th Ave, Sunrise, FL 33323, USA
$19,200,000

Description

Marcus & Millichap is pleased to present this 64,241 square foot single tenant office building leased to Crawford and Company. Crawford & Company has been at this location since 2010 and recently signed an extension of the base term of the lease until June 2027. The lease calls for rare three percent annual increases in rent.
This single-tenant office building is situated in the Sawgrass International Corporate Park, which is comprised of 612 acres of corporate headquarters, R & D facilities, and tech manufacturing.
Notable corporate offices within this business park include Cigna, United Healthcare, Blackberry, and Research in Motion.
This is South Florida’s largest business park, and is centrally located near the Sawgrass Expressway, Interstate 595, Interstate 75, Interstate 95, and the Florida’s Turnpike system. This property was built to Silver LEED Certified standards, including fiber optics, water reclamation system, energy management systems, as well as a solar system. The large 6.98-acre parcel offers 308 free surface parking spaces and green space.
Crawford & Company recorded revenues in excess of $1.106 Billion in 2017. Crawford is the world’s largest independent provider of claims management solutions for the risk management and insurance industries. (Please see pages to follow with additional information on Crawford & Company).

  • 64,241-Square Foot Net Leased LEED Certified Office Building
  • Situated In South Florida’s Largest Corporate Park
  • Crawford & Company’s 2017 Revenues Exceed $1.106 Billion
  • 3% Annual Increases
  • Direct Access to All Major Highways: Sawgrass Expressway, Interstate 95, Interstate 75, Interstate 595, and The Florida’s Turnpike
  • Adjacent to the Sawgrass Mills Mall Which Totals Over 2.4 Million Square Feet
  • Across the Street from $200 Million South Florida American Express Headquarters

Download Offering Memorandum

  • City: Sunrise
  • State/county: Florida
  • Zip/Postal Code: 33323
  • Country: United States

Detail

  • Price: $19,200,000

Additional details

  • CAP Rate: 6.39%
  • NOI: $1,277,112

Features