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Truist Bank-anchored office building located directly on State Road 7/US-441 in Lauderhill, offering strong visibility and convenient access within the Fort Lauderdale submarket. The property consists of approximately 32, 200 SF of leasable space on a ±1. 86-acre double lot with more than 130 on-site parking spaces. The four-story building includes a functional basement level and approximately 27, 000 SF of available space, creating an ideal opportunity for an owner-user or investor seeking lease-up potential. Truist Bank occupies approximately 4, 600 SF on the first floor and is currently paying $9, 583. 33 per month NNN plus CAM under a lease expiring in February 2028, with four additional five-year renewal options and 10% rental increases. Recent improvements include brand-new elevators and a well-maintained roof. The property is centrally located near I-95, Florida’s Turnpike, and I-595 and is surrounded by established residential, retail, and commercial uses.
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Our Executive Mortgage Banker:
Our Insurance Division:
$4,950,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $3,960,000 | $3,960,000 | $3,960,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.875% | 6.125% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.300% | 6.235% | 6.203% |
| Monthly Tax Payment | $6,519 | $6,519 | $6,519 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $23,425 | $24,061 | $33,417 |
| Total Monthly Payment | $30,069 | $30,705 | $40,061 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.