351 South Cypress Road

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351 South Cypress Road

Pompano Beach, FL 33060
Asking Price
$11.20M
Cap Rate
7%
Asset Type
Executive Office Office
Class
Class B

What's Special

Office | 7.00% CAP | 46,462 SqFt <ul><li>​The property has been fully remodeled with no deferred maintenance, ensuring that it is in excellent condition and ready for occupancy without requiring significant capital expenditures. This positions the property for minimal immediate investment, protecting investor capital and ensuring long-term stability</li><li>​351 Plaza is home to a well-diversified tenant base, providing stable and consistent cash flow. The property is currently 88.07% occupied, with tenants from a variety of in

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NOI
$80,000
Cap Rate
0.71%
DSCR
0.12
Underwater
Cash-on-Cash
-17.41%
Monthly Payment
$55,411.489
Annual Cash Flow
$-584,937.869

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