The Offering
CBRE, as exclusive agent for 5950 W Oakland Park, LLC, is pleased to offer the opportunity to acquire the fee simple interest in 5950 West Oakland Park Boulevard (the “Property”) located in the City of Lauderhill, FL. The Property offers an excellent opportunity for an investor or owner-occupier looking to purchase a well-located office building in a rapidly redeveloping corridor of the City of Lauderhill.
5950 West Oakland Park Boulevard recently was the home to the International School of Heath, Beauty & Technology. The Property’s floor plates are ideally suited for a professional school or repositioning into a multi-tenant office building.
Investment Highlights
• |
Built in 1981, the Property enjoys a highly strategic location and is easily accessible via the Florida Turnpike, University Drive, State Road 441 and the City of Lauderhill’s major commercial thoroughfare Oakland Park Blvd.
|
• |
An investor can build upon an in-place income stream attributed to a leased antenna with T-Mobile. The antenna lease expires in June of 2016 and has four (4) five-year renewal options.
|
• |
With a Broward County Transit stop within one block of the Property, 5950 West Oakland Park Blvd will allow easy and affordable access as the Property is repositioned.
|
•
|
The Property offers tenants and visitors access to free on-site parking (115 surface spaces / 26 covered executive spaces).
|
•
|
Significant and immediate upside opportunity for an investor to build upon recent capital influx and development surrounding the City of Lauderhill.
|
• |
Centrally located in the City of Lauderhill, the Property is located minutes away from the pulse of local government. The City of Lauderhill recently constructed a new public library and Governmental/Town Centre Development is within walking distance of the Property.
|
• |
Located directly across Oakland Park Blvd from the recently redeveloped Inverrary Falls, a 76,083 square foot shopping center anchored by Publix, BB&T Bank, and Wells Fargo.
|