Office Building / Owner User

6119 Lyons Rd, Coconut Creek, FL 33073, USA
$4,065,600

Description

Marcus & Millichap is pleased to present for sale this vacant office building or owner user opportunity in Coconut Creek, Florida. Coconut Creek is centrally located between Coral Springs, Pompano Beach and Boca Raton within Broward County. The property benefits from the 336,344 residents within a five mile radius with an expected four percent population growth by 2025.
The strategic location of this building allows it to be accessed by residents in all directions. The east-west running Sawgrass Expressway (FL-869) connects to State Road 91 and Interstate 95 within just a few miles. Outparcels to the building include a Starbucks and a Shell gas station with convenience store. Within a few blocks are pizza shops, juice bars, coffee shops, fast food and other lunch options for employees.
This building is a condo with a HOA fee that covers general exterior maintenance and landscaping for the property. The owner has meticulously maintained the exterior and interior of the property having recently painted the exterior, upgraded the office kitchen and completes monthly maintenance on all air conditioning units. The owner will consider selling the furniture with wiring as part of the sale to make this very turnkey.
The roughly 60 parking spaces (over five spaces per 1,000 square feet) can accommodate a multitude of uses for the property including its previous use as a single tenant office building or can be subdivided into multiple office or medical office suites.

  • Value-Add Investment or Move-In Ready Owner User Opportunity
  • $600,000 in Building Upgrades in 2019
  • Turnkey Office with the Highest Technology, Services and Cameras
  • Can be Purchased Equipped with Office Furniture
  • Parking Ratio: 5.17 Per 1000 Square Feet
  • Strong Traffic Counts | 42,500 Vehicles Per Day
  • Dense Infill Location | Population of 336,344 within Five-Mile Radius
  • 0.3 Miles North of Sawgrass Expressway (FL-869) | 85,000 VPD
  • 1.4 Miles from Florida’s Turnpike (SR 91) | 109,100 VPD
  • 4.4 Miles from Entrance to Interstate 95 | 306,000 VPD
  • Above Average Household Income Exceeding $92,000 in a Three-Mile Radius
  • Outparcels Include Starbucks and a Shell Gas Station
  • Florida is a “No Income Tax State”

Property Documents

  • Office-Building-Coconut-Creek-FL-om-ib
  • City: Coconut Creek
  • State/county: Florida
  • Zip/Postal Code: 33073
  • Country: United States

Detail

  • Price: $4,065,600
  • Year Built: 2006

Additional details

  • CAP RATE: -

Features

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