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Corporate Park at Inverray 3800 Inverrary Blvd

121,000 SF 100% Leased Office Building Lauderhill, FL 33319 £14,202,000 (£117/SF) 7% Net Initial Yield

Executive Summary

All leases are well below market rents. New owner can raise rents to market rents and should be able to get better than a 10% return at full occupancy.

Property Facts

Sale Type
Investment
Sale Conditions
1031 Exchange
Property Type
Office
Property Subtype
Medical
Building Size
121,000 SF
Building Class
B
Year Built
1984
Price
£14,202,000
Price Per SF
£117
Net Initial Yield
7%
NOI
£994,140
Percent Leased
100%
Tenancy
Multiple
Number of Floors
4
Typical Floor Size
30,250 SF
Slab to Slab
10 ft
Building FAR
0.53
Land Acres
5.21 AC
Zoning
CO - Commercial
Parking
324 Spaces (2.68 Spaces per 1,000 SF Leased)

Amenities

  • Bus Route
  • Conferencing Facility
  • Property Manager on Site
  • Signage
  • Waterfront
  • Balcony
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3800 Inverrary Blvd, Lauderhill, FL - aerial map view - Image1
3800 Inverrary Blvd, Lauderhill, FL - aerial map view - Image2
3800 Inverrary Blvd, Lauderhill, FL - aerial map view - Image3
3800 Inverrary Blvd, Lauderhill, FL - aerial map view - Image4

PROPERTY TAXES

Parcel Number 49-41-23-21-0010 Improvements Assessment £4,382,926
Land Assessment £1,432,856 Total Assessment £6,397,354

PROPERTY TAXES

Parcel Number
49-41-23-21-0010
Land Assessment
£1,432,856
Improvements Assessment
£4,382,926
Total Assessment
£6,397,354
  • Neches Management
    Neches Management
  • Neches Management
(305) 733-1374

  • Listing ID: 33430792

  • Date on Market: 06/10/2024

  • Last Updated:

  • Address: 3800 Inverrary Blvd, Lauderhill, FL 33319

The Office Property at 3800 Inverrary Blvd, Lauderhill, FL 33319 is currently available For Sale. Contact Neches Management for more information.

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3800 Inverrary Blvd, Lauderhill, FL for sale Primary Photo- Image 1 of 15
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3800 Inverrary Blvd, Lauderhill, FL for sale Building Photo- Image 9 of 15
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© 2024 CoStar Group

Corporate Park at Inverray | 3800 Inverrary Blvd
(305) 733-1374 x

Corporate Park at Inverray | 3800 Inverrary Blvd

Neches Management

(305) 733-1374

(305) 733-1374

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