Investment Overview

Marcus & Millichap is pleased to present the Champion Controls Building, a 14,607 square foot impeccably maintained industrial building located at 811 NW 57 Place, Ft. Lauderdale, Florida. Located in the heart of Ft. Lauderdale, Florida, approximately one mile west of Interstate 95 and Cypress Creek Road, and just east of Powerline Road, Champion Controls has occupied the building since 2010 and recently signed a brand new five-year triple net lease with two-five year extensions showing a long term commitment to the property. Champion Controls will occupy 10,025 SF (67 percent of the GLA) with an annual triple net rent of $150,375 per annum ($15PSF NNN) with two percent annual increases throughout the term of the lease and option periods. The remaining 4,582 SF is perfect for an owner user or for lease in a very high barrier of entry marketplace. The space occupied by Champion Controls is approximately 20% office, 12’ clear ceilings, 32.5 tons of AC (less than five years old), two loading docks and 18 parking spaces. The vacant space of 4,582 SF (plus mezzanine space) has approximately 900 sf of office space, 14’ clear ceiling height, 15 tons of AC (replaced within the past year) and 13 parking spaces. Both units have 600 Amp-3 Phase power and is separately metered for utilities. Champion Controls is a family owned and operated business that has been in operation for 20+ years and specializes in the engineering, manufacturing, and dynamometer testing for all aspects of water and wastewater control systems and movable bridge control systems that is headquartered in Fort Lauderdale, Florida with additional locations in Orlando, Florida and Ronkonkoma, New York. The Champion Controls Building offers an investor/owner-user the rare opportunity to acquire an impeccably maintained building with upside in a high barrier of entry marketplace.