Loft Creative Space For Sale • 27,000 SF
| Rare Opportunity to Acquire a NNN-Lease Office Condo Anchored by Ryan Southern Construction, an Established Civil and Site Development Contractor |
| NNN Lease Terms Allow for Ease of Management, Tenant has Annual Base Rent Increases Equal to CPI or 5% Whichever is Greater |
| A Unique NNN Investment Opportunity Offering a High Cash Return of 8.5% With Built-In Rental Growth and Stability of Cash Flow |
| Located On South University Drive, Offering Prime University Frontage on One of Broward County’s Most Heavily Traveled North-South Corridors |
| University Drive has Strong Traffic Count Over 50,000 Cars Per Day and Neighboring Household Income is Over $113,000 within One Mile of Subject |
| Surrounded by Multiple National Retailers and Destination Tenants Including Tower Shops, Target, Sawgrass Mills, TJ Maxx, Costco, and Home Depot |
| Tenant | SF Occupied | Lease End Date |
|---|---|---|
| 3sixty5 Design Studio Inc | ||
| Benefits Outsource Inc | ||
| Contour Day Spa | ||
| Dr. Rahil Malik | ||
| Fortune Construction | 2/3/2025 | |
| Lazy Days Restaurant Llc | ||
| O'SHEA & REYES LLC | ||
| Roebuck Associates Insurance Exchange | ||
| Sunrise Capital Corp | ||
| Synovus Bank |
| Commuter Rail | Drive | Walk | Distance |
|---|---|---|---|
| Sheridan Street (Tri-County Commuter - South Florida Regional Transportation Authority (Tri-Rail)) | 14 min | - | 6.8 mi |
| Fort Lauderdale Airport Station (Mangonia Park - Miami Airport - Tri-Rail, West Palm Beach - MiamiCentral - Tri-Rail) | 13 min | - | 6.8 mi |
| Airport | Drive | Walk | Distance |
| Fort Lauderdale/Hollywood International | 15 min | - | 7.9 mi |
| Miami International | 41 min | - | 26.9 mi |
| Parking Available: | Yes |
| Reserved: | No |
| Spaces Provided: | 220 |
| Type: | Surface |
| Included in Rent: | Yes |