5501 Lyons Road

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5501 Lyons Road

Coconut Creek, FL 33073
Asking Price
$14.39M
Asset Type
Office
Class
Class B

What's Special

5501 Lyons Road is situated in the suburban commercial corridor of Coconut Creek, Florida, near the intersection of Lyons Road and Wiles Road. The neighborhood features a mix of residential communities and retail centers, including the nearby Promenade at Coconut Creek which offers numerous dining and shopping options. The location provides direct access to major regional thoroughfares, positioned minutes from the Sawgrass Expressway and Florida's Turnpike. This connectivity ensures efficient transit to neighboring cities like Coral Springs, Boca Raton, and Fort Lauderdale. The property is suited for professional, medical, or administrative office use. Its layout and location accommodate a broad range of tenants, including financial services, legal practices, and healthcare providers seeking proximity to the local residential base. The asset is well-positioned for small to mid-sized businesses requiring a quiet professional environment with convenient surface parking and manageable commute times for employees residing in northern Broward or southern Palm Beach counties.

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NOI
$80,000
Cap Rate
0.56%
DSCR
0.09
Underwater
Cash-on-Cash
-17.94%
Monthly Payment
$71,170.368
Annual Cash Flow
$-774,044.418

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