Sawgrass Executive Center
Sunrise, Florida
Building
Stats
- Property Type Office - Office Building
- Building size (SF) 24,932
- Size (Ac) 1.78
Overview
Highlights
Strong performing office building with upcoming owner-user space located in the established Sawgrass International Corporate Park.
Beginning in July 2021, the entire ground floor of more than 12,000 SF will be available for occupancy by an owner-user or re-leasing, offering an opportunity to significantly increase returns.
The Property’s 2nd-floor rent roll is slightly below market, presenting an opportunity to increase returns by pushing lease rates to market rate during rollover. Lease expirations for in-place tenants are staggered throughout the coming five years.
The Property possesses superb highway access, located near I-595 (to the south) and I-75 (to the west), which further enhances each tenant’s access to a large pool of employees and decision-makers.
Sawgrass Executive Center is located just a few minutes south of Sawgrass Mills, one of the country’s largest enclosed outlet shopping destinations with over 350 stores and dining locations, including Nike, Tommy Hilfiger, Ralph Lauren and Saks Off Fifth.
Broadly, the Sawgrass Executive Park office sub-market is well-occupied, with an occupancy rate of nearly 90%.
Team
John K. Crotty, CCIM
John K. Crotty, CCIM
John K. Crotty, CCIM
John K. Crotty, CCIM
John K. Crotty, CCIM
John K. Crotty, CCIM
John K. Crotty, CCIM
John K. Crotty, CCIM
John K. Crotty, CCIM
John K. Crotty, CCIM
Brian C. de la Fé
John K. Crotty, CCIM
Brian C. de la Fé
John K. Crotty, CCIM
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