Brenner: Blog

Own the bank! (Multi-tenant bank building, that is!)

Added 10/14/15 by The Brenner Blog Team

 You’ll be whistling all the way to the bank when you own this three-story Regions Bank Building! At 100% occupied, this property will provide a steady income stream and is a great investment opportunity, for sale now at a reduced price of $4,725,000!

 

 The Region’s Bank Building is 36,679 square feet and contains medical and professional offices and a bank branch. Recent improvements and a solid maintenance history make it very appealing. Located on a signalized corner, the Region’s Bank Building is in a prime north Broward location at 1799 West Oakland Park Boulevard, Fort Lauderdale, 33311. Easy access to I-95 and Florida’s Turnpike mean it is only minutes to Fort Lauderdale-Hollywood International Airport, hospital and major business centers.

 

 Brenner Senior VP Brokerage Adam Starr notes, “This is a prime opportunity for an investor to acquire a nice neighborhood bank building with stabilized cash flow.  Having Regions Bank and a very strong regional long term tenant like Diagnostic Professionals makes this building a sound investment.  Priced below replacement value, with continuing historically low interest rates still in place, this building is a great value to add to any property portfolio.”

  

Come take a tour of this property and consider adding it to your real estate portfolio. There is an existing first mortgage which may be assumable to a qualified buyer. Call Adam Starr at 954.596.5534 or email astarr@breg.net.

 

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