This 4,700 sf flex space building is a perfect blend of retail and true industrial situated on a 7,088 sf lot. This building is currently occupied by a legacy tenant with an under-market rental rate. His lease is expiring in February 2020. A new investor can retenant this property at a conservative rate of $14 a foot net. This proforma NOI will provide an investor with a strong 8.77% capitalization rate at the full asking price of $750,000. Call to receive a full offering memorandum.
Elementary School | Middle School | High School |
The data relating to real estate for sale on this web site comes in part from the participating Associations of the Miami Multiple Listing Service. The MLS data provided for the property above (A10753381) is provided courtesy of (RE/MAX 5 Star Realty). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Data last updated on 03-29-2024. IDX powered by Realty Net Media
Erika Meyer , Realtor
RE/MAX 5 Star Realty
4151 Hollywood Blvd & 1901 Harrison ST
Hollywood, FL 33021
954-558-8005
floridarealtor2003@yahoo.com