FORT LAUDERDALE, Fla. – Berger Commercial Realty brokers Keith Graves, CCIM, and Jonathan Thiel recently represented North Andrews Way Corp. in the $2.35 million purchase of the Miller Legg building from AVS Security Systems, Inc.
Located at 5701-5775 N. Andrews Way in Fort Lauderdale, the 21,871-square-foot multi-tenant office building sits on a 1.76-acre lot adjacent to the Cypress Creek Tri-Rail Station and provides convenient access and exposure to I-95. The property is currently more than 95 percent occupied with local consulting firm Miller Legg as its anchor tenant.
“This purchase exemplifies the continued resurgence in the Cypress Creek commercial real estate sub-market,” said Graves. “It’s a positive indication that our local market is keeping pace with the strong momentum that has been exhibited regionally in South Florida. This single-story building and its flexible floorplans serve as an attractive investment option for North Andrews Way Corp. and offer great value for tenants in today’s market.”
The property is located along the Cypress Creek corridor and is within minutes of Florida’s Turnpike, area shopping, banking and high-tech employers.