Office Properties in Davie, Florida, offer a unique investment opportunity for those looking to capitalize on the town's growing economy and strategic location. As the largest town in Florida, Davie boasts a population of approximately 110,000 residents, providing a diverse and stable tenant base for office properties. Office Properties in Davie can represent a range of investments, from single-story buildings to multi-story complexes, each offering a unique set of benefits and opportunities. Davie's proximity to major transportation hubs, including the Fort Lauderdale-Hollywood International Airport and the Port Everglades, makes it an attractive location for businesses looking to establish a presence in South Florida. The town's strong educational institutions, including Nova Southeastern University and Broward College, also provide a steady supply of skilled workers. Additionally, Davie's tropical monsoon climate and abundance of parks and outdoor recreational areas make it an attractive location for businesses and employees alike.
With 17 Office Properties for sale in Davie, investors have a range of options to choose from. Davie's office market is complemented by a range of other commercial properties, including Commercial Real Estate, which offers opportunities for retail and industrial investments. Apartment Buildings in Davie provide a steady source of rental income, while Shopping Centers offer a chance to capitalize on the town's growing retail sector. Hotels in Davie cater to the town's tourist and business travelers, providing a unique investment opportunity. Overall, Davie's diverse economy and strategic location make it an attractive location for investors looking to capitalize on the town's growth and development.
What is the average price per square foot for office properties in Davie?
The average price per square foot for office properties in Davie is $396 USD, with 17 available listings, ranging in size from 16,839 square feet to 58,071 square feet, and offering an average cap rate of 7.12%.
What should I know about office property classifications (Class A, B, C)?
When searching for office properties for sale in Davie, it's essential to understand the different classifications, which can impact factors like rental income, maintenance costs, and resale value.
- Class A office properties are typically high-rise buildings with modern amenities, prime locations, and high-quality finishes, attracting top-tier tenants and commanding higher rental rates.
- Class B office properties offer functional space with standard amenities, often located in decent areas, and are suitable for a wide range of tenants, providing a balance between affordability and quality.
- Class C office properties are usually older, less modern buildings with limited amenities, often located in less desirable areas, and may require renovation or upgrading to attract tenants.
