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5701 NW 88th Ave
Tamarac, FL 33321 Outer Coral Springs

$12.00 - $16.00 USD/SF/YR

Office For Lease  •  1,100+ SF

Property Details

  • Property Type Office
  • Year Built 1985
  • Total Building Size 47,285 SF
  • Tenancy Multiple
  • Building Class B
  • Zoning MU-G
30 Transit Score
60 Walk Score

2 Spaces Available

Name Space Use Size Rent Details
3rd Floor Ste 340 Office 1,100 SF $16.00 USD/SF/YR
Suite 340 offers 1,100 square feet of professional office space at Pine Island Professional Center. The suite features two spacious private offices and a large open work area, providing a flexible layout ideal for collaborative teams or a variety of professional uses. With its efficient design and generous workspace, Suite 310 can easily accommodate multiple workstations while maintaining private offices for management or meeting space. This well-configured suite presents an excellent opportunity for businesses seeking a functional and professional office environment.

  • Date available: Now
  • Lease term: Negotiable
  • Service type: Modified Gross
  • Space Type: Relet
3rd Floor Ste 360 Medical Office 1,700-3,550 SF $12.00 USD/SF/YR
Suite 360 is newly renovated. It offers 3,550 square feet of prime professional office space at Pine Island Professional Center. The suite features four private offices, a dedicated communications/IT room, and a large bullpen area ideal for team collaboration or multiple workstations. The flexible layout combines private workspace with ample open area, making it well suited for a variety of professional users seeking both functionality and room to grow. This versatile suite presents an excellent opportunity for businesses looking for an efficient and professional office environment.

  • Date available: Now
  • Lease term: 1 - 10 Years
  • Service type: Negotiable
  • Built out as: Standard Office
  • Space Type: Relet

Description

Pine Island Professional Center offers a compelling opportunity to acquire a recently repositioned, income-producing office asset in a supply-constrained Broward County submarket. The three-story, multi-tenant property totals 40,977 square feet of rentable area and is approximately 89% leased, providing stable in-place cash flow with a clearly defined path to further stabilization and NOI growth. 

In 2025, the property underwent a comprehensive renovation with more than $400,000 invested, including a new roof, upgraded HVAC systems, a fully remodeled lobby, renovated common areas, new furniture, and exterior improvements. With major capital items already addressed, investors can focus on leasing execution and income growth without near-term capex requirements. 

The upside is driven by a combination of below-market rents, existing NNN leases, and remaining vacancy. As leases roll and vacant suites are absorbed at market rates, ownership can capture meaningful rent growth while benefiting from diversified tenancy across healthcare, legal, financial, and professional services, which helps reduce rollover risk and smooth cash flow. 

Strategically positioned at the intersection of Pine Island Road and Commercial Boulevard, the property offers exceptional regional connectivity via the Sawgrass Expressway and Florida Turnpike. The asset also benefits from its immediate proximity to the Tamarac Village mixed-use development, which adds residential density, retail amenities, and a built-in workforce, supporting long-term tenant demand and asset appreciation.

Highlights

Recently renovated 40,977 SF Class B office with $400K+ in capital improvements completed in 2025
Approximately 89% occupied with a diversified mix of medical, legal, and professional tenants
Strong in-place cash flow with clear mark-to-market and lease-up upside
Prime Pine Island Rd location with immediate access to Sawgrass Expressway
Adjacent to Tamarac Village mixed-use development driving sustained demand
NNN lease exposure providing expense protection and value-add opportunities

Amenities

  • 24 Hour Access
  • Bus Line
  • Controlled Access
  • Signage
  • Kitchen
  • Air Conditioning

Major Tenants

Tenant SF Occupied Lease End Date
Independant Medical Group / Healthy MD
Sheila Cherfilus-McCormick Congressional Office

Public Transportation

Commuter RailDriveWalkDistance
Cypress Creek (Tri-County Commuter - South Florida Regional Transportation Authority (Tri-Rail)) 16 min - 9.0 mi
AirportDriveWalkDistance
Fort Lauderdale/Hollywood International 28 min - 14.8 mi
Miami International 47 min - 35.0 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 180
Type: Surface
Included in Rent: Yes
Nick Polyushkin 754-228-5968 Vera Realty
Nick Polyushkin 754-228-5968 Vera Realty