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Land For Sale • 3.05 AC
The Project comprises around 30,000-sf class B office building with an 85% occupancy rate and a 3-star CoStar rating. VF has already increased some rents and filled several vacancies. There is still some room to increase NOI thorough completing the lease-up of vacant spaces.
| Existing office building of around 30,000 sf. |
| Current NOI – around $500k/year |
| SITE A: Proposed GBA - 365,085 sf incl. 87,400 sf of covered parking, Proposed NSA - 194,875 sf residential (95 units) + 5,500 sf retail, Proposed P |
| SITE B: Proposed GBA - 58,840 sf incl. 12,225 sf of covered parking, Proposed NSA - 26,475 sf (18 units), Proposed Parking Space - 36 spots |
| Commuter Rail | Drive | Walk | Distance |
|---|---|---|---|
| 12 min | - | 4.9 mi | |
| Cypress Creek (Tri-County Commuter - South Florida Regional Transportation Authority (Tri-Rail)) | 12 min | - | 5.0 mi |
| Airport | Drive | Walk | Distance |
| Fort Lauderdale/Hollywood International | 23 min | - | 12.6 mi |
| Miami International | 59 min | - | 37.8 mi |
Nick Polyushkin
Vera Realty
Nick Polyushkin
Vera Realty
