200 W Cypress Creek Rd - Office FOR SALE


Fort Lauderdale, FL 33309
$21,995,000 USD
786-333-7199
200 W Cypress Creek Rd, Fort Lauderdale, FL for Sale
$21,995,000 USD
Office - FOR SALE
1/19
null | 8.7% Cap Rate

200 W Cypress Creek Rd
Fort Lauderdale, FL 33309


HIGHLIGHTS

  • Transit-Oriented Office Building At A Compelling Basis
  • Administrative Value-Add With Limited CAPEX To Outsized Returns
  • Directly Adjacent to the Tri-Rail Station, FLL International Airport, Fort Lauderdale Executive Airport & I-95
  • Centrally Located Between Miami-Dade, Broward, and Palm Beach Counties

OVERVIEW

DWNTWN Realty Advisors has been retained exclusively by ownership to arrange the sale of 200 W Cypress Creek Road in Fort Lauderdale, FL. The property is a Class A Office spanning 121,7614 SF on a 3.03 AC lot with ample parking. This building is strategically located at the halfway point between West Palm Beach and Miami where major roads such as I-95, N Andrews , and W Cypress Creek Rd intersect. The property’s ideal location is directly on the I-95 ramp, which provides high visibility both North and South. In addition, it is within close proximity to the FLL International Airport, the Fort Lauderdale Executive Airport and is connected to the Cypress Creek Tri-Rail station. The Tri-Rail provides intermodal access from West Palm Beach to Miami. This building provides an incredible opportunity for an administrative value-add with limited CAPEX into outsized returns, making it the ideal investment for an experienced office operator. It can also be delivered vacant for corporate HQ with a signage opportunity. Cypress Creek is a corporate office destination due to its proximity to Broward and Dade.

FOR SALE DETAILS

PRICE

$21,995,000 USD

PRICE/SF

$181 USD /SF

CAP RATE

8.7%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

The Gateway at Cypress Creek

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

6

BUILDING CLASS

B

YEAR BUILT

1983

SPRINKLERS

-

PARKING SPACES

355

LAND DETAILS

LAND ACRES

3.03 AC

LAND SF

131,987 SF

ZONING

M-3

APN/PARCEL ID

49-42-10-31-0010

ASK ABOUT THIS PROPERTY

Tony ArellanoDWNTWN Realty AdvisorsMore Info
786-333-7199

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Tony ArellanoDWNTWN Realty AdvisorsMore Info
786-333-7199

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.