Investment Overview

Marcus & Millichap is proud to present for sale Fairway Financial Center, a class B office building located at 10 Fairway Drive Deerfield Beach Florida 33441. Fairway Financial Center is located at the corner of Hillsboro Boulevard and Fairway Drive, less than half a mile from Interstate 95. Fairway Financial Center has approximately 34,000 square feet of rentable area situated in a 2.96-acre parcel. The building has an elegant glass exterior, well-manicured landscape, and ample parking. The building has over 120 surface and 50 covered parking spaces for a parking ratio of five parking spaces to 1000 feet of rental area. The lobby of the building is covered in beautiful marble with a locked entry point only accessible to tenants with a FOB key as well as 24-hour access. In 2020 part of the first floor in the west building was remodeled to add executive suites. The build-out cost approximately $220,000 with approximately $22,000 in furnishings. The executive offices were outfitted with high-end finishes, a business center and a kitchen providing tenants with the amenities necessary to perform day-to-day business activities. 45% of the total rentable building area is executive office and 55% of the rentable building area is large suite. Since complete occupancy has been consistently over 95%. Fairway Financial Center has a unique mix of traditional office, executive office, and virtual offices. This variety of tenant types provides a consistent and steady stream of cash flow without the risk of a large tenants vacating.