1061 W Oakland Park Blvd - Medical FOR SALE


Oakland Park, FL 33311
$4,100,000 USD
786-999-4541
1061 W Oakland Park Blvd, Oakland Park, FL for Sale
$4,100,000 USD
Medical - FOR SALE
1/14
null | Request Cap Rate

1061 W Oakland Park Blvd
Oakland Park, FL 33311


HIGHLIGHTS

  • • Prime Location: Oakland 95 Plaza boasts unparalleled visibility and access
  • • Branding Opportunity for User: The Property, now vacant for the first time in over a decade
  • • Development Potential: The property can be re-tenanted or developed for a new use, offering a unique opportunity in a highly constrained market
  • • Exceptional Frontage: With over 300 feet of linear frontage on Oakland Park Boulevard and along I-95, with exposure to over 300K VPD
  • • Strategic Accessibility: Located along one of Broward’s major east-west commercial corridors
  • • Zoning Flexibility: The property is zoned B-2, general business district, allowing for a variety of retail and commercial uses.

OVERVIEW

CBRE Inc., in its role as the exclusive advisor, proudly presents “Oakland 95 Plaza” – currently configured as a 2-story office building located at 1061 W Oakland Park Boulevard. The Subject Property consists of +/- 13,200 SF of rentable space and is situated on a 29,854 SF site located at the highly visible corner of Oakland Park Boulevard and the on ramp to Interstate 95. This premiere and rare location offers unparalleled visibility and access to over 63,000 vehicles per day along Oakland Park Boulevard and another 250,000+ vehicles per day on I-95. The Property, originally constructed in 1974 has been remodeled and was previously occupied by a behavioral healthcare tenant who no longer required the space. Now being offered vacant for the first time in over a decade, the Property can finally be re-tenanted or occupied by a new company looking for extreme visibility and access or a high-profile development with an alternative use. The location is what completely sets Oakland 95 Plaza apart from its rivals and offers a once in a generation opportunity in a highly constrained market. Among all properties along Oakland Park for a half mile in either direction, the total vacancy among 1.3 million square feet of space is in the low single digit percentage with zero square feet under construction. Oakland 95 Plaza is located along the on ramp to I-95 with over 300 feet of linear frontage on Oakland Park Boulevard, visible to astronomical traffic counts totaling well over 300,000 vehicles per day. This unique opportunity creates unparalleled visibility for a new user or development looking to capture a high stream of potential customers. Oakland Park Boulevard is one of Broward’s major east-west commercial corridors which spans from the ocean going east all the way to the everglades going west and bisects through the entire central Broward county. This central location allows for easy access through not only east and west Broward County but also north and south from Miami to Palm Beach. The Property also boasts excellent B-2, general business district zoning, offering a variety of retail and commercial uses.

FOR SALE DETAILS

PRICE

$4,100,000 USD

PRICE/SF

$311 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY NAME

Oakland 95 Office Plaza

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

ADD'L SUBTYPES

Industrial Live/Work Unit

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1974

SPRINKLERS

-

PARKING SPACES

49

LAND DETAILS

LAND ACRES

0.69 AC

LAND SF

29,854 SF

ZONING

B-2, Oakland Park

APN/PARCEL ID

49-42-21-01-0060

ASK ABOUT THIS PROPERTY

786-999-4541

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786-999-4541

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