Cypress Pointe Office Park Fort Lauderdale

Investment Overview

Lee & Associates presents Cypress Pointe Office Park, a 50,215-square-foot, single-story Class A office asset in Fort Lauderdale’s Cypress Creek submarket, offering a compelling combination of in-place income with stable credit tenants and owner-user upside. Situated on 4.26 acres, the property was built in 2001 and underwent comprehensive capital improvements completed in June 2026 which included updated interior lighting, exterior painting and modernization of the common areas. The building features, a 200 kW on-site backup generator with a multi tenanted layout complemented by 216 surface parking spaces. The offering is structured on a City of Fort Lauderdale / Fort Lauderdale Executive Airport ground lease with approximately 47 years remaining comprised of 22 yrs and a 25 year option. While currently configured entirely for office use, the AIP-zoned property also provides potential flexibility for future conversion to flex space, subject to applicable approvals and physical modifications. This asset provides a great opportunity for an owner user to occupy as little as 2,299 sf or as much as 15,895 sf while collecting rent from West Marine who occupies 43% of the property of the next 10 years and several other tenants.

Investment Highlights

• 50,215 SF single-story Class B office park
• 4.26 AC AIP-zoned parcel in Cypress Creek
• Comprehensive capital improvements completed June 2025
• 200 kW backup generator and hurricane-code construction
• 216 surface spaces; 4.47/1,000 SF parking ratio
• Approximately 59% occupancy, including pending West Marine lease
• 19,558 SF available for owner-user occupancy or lease-up
• Approximately 47 years remaining on ground lease; $120,000 annual ground rent