• Listing status icon

    $10,000,000

  • Active-Available | MLS#: A10110419
  • 2.71Acre

5460 N State Road 7 Fort Lauderdale, FL 33319

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Overview

Plaza Central is a 2-story retail/office on 2.71 acres with ample parking. Upside via lease up & rental increases. Area population grew 8.31% within the 5 mile area from 2010 to 2015. All leases 3 yrs or less. Building has 51,467 SF +/- of leasable space leased at an avg of $13.29/SF where tenants pay electric & internal insurances, otherwise are gross leases. Successfully completed 40 year recertification in 2014 & roof replaced in 2016. Upgraded electrical, plumbing & other capital improvements.

Listing provided courtesy of: Douglas Elliman

General Features

  • County Broward County
  • Property Type Commercial/Industrial
  • Style of Property Commercial Office
  • Building Name Plaza Central
  • Terms Considered All Cash, Conventional/Refinance
  • Information Available Aerial Photo(S),Copies Of Lease,Rent Rolls
  • Improvement Height 2 Stories
  • Parking Description Common Parking
  • # of Parking Spaces 175
  • Tax Year 2015
  • Tax Amount $96,866
  • Listing Status Active-Available
  • Special Information Use Conforms To Zoning, Corporation Owned Property
  • Source of Expenses Projected Pro-Forma
  • Property SqFt 117,999
  • Property Description Income Producing Retail Office
  • Location of Property City Location, Commercial Park, Industrial Park
  • Sale Includes Building and Land, Leases
  • Short Sale No
  • REO No

Building Features

  • Construction Type Concrete Block With Brick, Pre-Cast Concrete Construction
  • Roof Description Built-Up Gravel, Concrete
  • Floor Description Carpeted Floors, Vinyl Floors
  • Bays 62
  • Cooling Description Central Individual A/C
  • Heating Description Central Building A/C
  • Ceiling Description Acoustical
  • Year Built Description Resale
  • Year Built 1965
  • Offices 33
  • Fire Protection No Fire Protection
  • # of Stories 2
  • Type of Building Free Standing

Property Features

  • Electric Service Over 200 Amps, 220 Volts, 3 Phase Electric
  • Water Description Public Water
  • Sewer Description Public Sanitation
  • Acreage Description 2+ To 3 Acres
  • Total Acreage 2.71
  • Miscellaneous Information Coffee Shop, Computer Wiring, Elevator, Exterior Lighting, Landscaped, Occupational Licenses, Storm Sewers
  • Lease Term Info 1 To 3 Year Lease,Gross Rent Shown
  • Net Operating Income $421,172
  • Gross Scheduled Income $601,500
  • Expense Amount 180328
  • Road Type Divided,Two Lane
  • Lot Frontage 265
  • Tenant Pays Interior Electric, Fire Liability Insurance, Inside Insurance

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Price & Status History

Days on Market

  • This property has been listed on the market for 195 days
  • Average days-on-market for homes between $8,000,000 - $12,000,000 = 195 (in zip code 33319)

Location

The property map location is: Accurate, based on Google's address match.

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Local:

Demographics
Schools
Days on Market

Community Demographics for Zip Code 33319 (Fort Lauderdale)

  • Housing Occupancy

    Home Owners
    14,715
    59%
    Renters
    6,469
    26%
    Vacant
    3,649
    15%
    Total Housing Units
    24,833
  • Households

    Average Household Size
    2.35
    Housing Density (People per square mile)
    7,178

Age Range (number of people)

Age 0-14
9,954
Age 15-24
5,728
Age 25-39
7,941
Age 40-59
12,068
Age 60-79
9,374
Age 80+
4,893
Total
49,958

* All numbers in this section are 2016 projections provided by Geolytics Inc

School Information for 33319 (Fort Lauderdale)

Public Schools in Zip Code 33319 (Fort Lauderdale)

* This list of schools may not match the property above.

  • CENTRAL CHARTER SCHOOL
    4525 NORTH STATE RD 7 LAUDERDALE LAKES, FL 33319
    Phone: 9547356295
    K-6th
  • Grade Size Distribution
    • Knd
    • 89
    • 1st
    • 80
    • 2nd
    • 89
    • 3rd
    • 82
    • 4th
    • 63
    • 5th
    • 65
    • 6th
    • 24
    • Teachers: 0
    • Students per Teacher: N/A
    • Students: 492
    • Male/Female: 230/253
    • District: BROWARD, 600 SE 3RD AVE 10TH FLOOR FORT LAUDERDALE, FL 33301
    • Phone: 7543212600
    • Schools: 325
    • Full-Time Teachers: 18728
    • Students per Teacher: 13.7
    • Staff: 31048
    • Students: 256351
  • CHARTER SCHOOL INSTITUTE TRAINING CENTER ANNEX
    5420 NORTH STATE RD 7 FORT LAUDERDALE, FL 33319
    Phone: 9544861640
    K-6th
  • Grade Size Distribution
    • Knd
    • 11
    • 1st
    • 26
    • 2nd
    • 19
    • 3rd
    • 14
    • 4th
    • 10
    • 5th
    • 10
    • 6th
    • 12
    • Teachers: 0
    • Students per Teacher: N/A
    • Students: 102
    • Male/Female: 50/50
    • District: BROWARD, 600 SE 3RD AVE 10TH FLOOR FORT LAUDERDALE, FL 33301
    • Phone: 7543212600
    • Schools: 325
    • Full-Time Teachers: 18728
    • Students per Teacher: 13.7
    • Staff: 31048
    • Students: 256351
  • PARK LAKES ELEMENTARY SCHOOL
    3925 NORTH STATE RD 7 LAUDERDALE LAKES, FL 33319
    Phone: 7543227650
    PreK-5th
  • Grade Size Distribution
    • PreK
    • 19
    • Knd
    • 177
    • 1st
    • 212
    • 2nd
    • 222
    • 3rd
    • 193
    • 4th
    • 172
    • 5th
    • 160
    • Teachers: 90
    • Students per Teacher: 12.8
    • Students: 1155
    • Male/Female: 579/559
    • District: BROWARD, 600 SE 3RD AVE 10TH FLOOR FORT LAUDERDALE, FL 33301
    • Phone: 7543212600
    • Schools: 325
    • Full-Time Teachers: 18728
    • Students per Teacher: 13.7
    • Staff: 31048
    • Students: 256351
  • RIVERWOOD SOUTH YOUTH
    4850 NORTH STATE RD 7 LAUDERDALE LAKES, FL 33319
    Phone: 9543162127
    • Teachers: 0
    • Students per Teacher: N/A
    • Students: 0
    • Male/Female: 0/0
    • District: BROWARD, 600 SE 3RD AVE 10TH FLOOR FORT LAUDERDALE, FL 33301
    • Phone: 7543212600
    • Schools: 325
    • Full-Time Teachers: 18728
    • Students per Teacher: 13.7
    • Staff: 31048
    • Students: 256351
  • Private Schools in Zip Code 33319 (Fort Lauderdale)

    * This list of schools may not match the property above.

    • Phyl's Academy PREP. School
      4381 N State Rd. 7 Lauderdale Lakes, FL 33319
      Phone: 9547358580
      PreK-12th
    • Grade Size Distribution
      • PreK
      • 100
      • Knd
      • 75
      • 1st
      • 60
      • 2nd
      • 60
      • 3rd
      • 30
      • 4th
      • 25
      • 5th
      • 20
      • 6th
      • 10
      • 7th
      • 2
      • 8th
      • 1
      • Teachers: 0
      • Students per Teacher: N/A
      • Students: 383
    • TEMPLE MESSIANIQUE CLD CARE
      5420 N STATE ROAD 7 Fort Lauderdale, FL 33319
      Phone: 9544861640
      PreK-11th
    • Grade Size Distribution
      • PreK
      • 25
      • Knd
      • 25
      • 1st
      • 25
      • 2nd
      • 20
      • 11th
      • 25
      • Teachers: 0
      • Students per Teacher: N/A
      • Students: 95

    * School data provided by US Department of Education


All information provided is deemed reliable but is not guaranteed and should be independently verified. All properties are subject to prior sale or withdrawal. Data may not be reproduced or redistributed and may not be used for any purpose other than individual consumer's use.

* Rates and payment information listed in the mortgage calculator are provided as for general reference only. Specific mortgage information should be verified with a qualified lending professional