
University Business Center I & II
10500 University Center Drive, Tampa, FL, 33612, US
As exclusive advisor, Jones Lang LaSalle (“JLL”) is pleased to present the opportunity to acquire The 6400 Building (the “Property”), a 92.2% occupied boutique office building in the heart of the rapidly growing Cypress Creek submarket of Fort Lauderdale. Situated on a 2.6-acre site, the 5-story Property offers 55,585 square feet of office and medical space with exceptional visibility and accessibility to I-95. With convenient access to key transportation arteries such as I-95, Florida’s Turnpike, and the Cypress Creek Tri-Rail station, The 6400 Building is well positioned to capitalize on South Florida’s dynamic office market.
The tenancy at the Property reflects the durability of its tenant base with a 4.1-year Weighted Average Lease Term (WALT) and a 92.2% occupancy rate. 27.2% of the RSF is medical tenancy including the two largest tenants at the property. This stability provides investors with a secure cash flow while the Property also presents an opportunity for value enhancement, with 20% in-place mark-to-market potential on existing leases, as well as 3 gross leases that can be re-leased at NNN rates. At 6400 N Andrews Ave, investors can acquire a sought-after investment opportunity in one of South Florida’s most rapidly urbanizing enclaves.


