STATUS: ACTIVE,
,
YEAR BUILT: 1975, MLS #: A10596622, TAX YEAR: 2018
This building consists of 4,500 square feet located is rapidly appreciating Oakland Park Florida. Liberal I-1 Industrial zoning allows most industrial uses. This building is occupied by 1 tenant. The property is grossing $54,000 per year, netting $43,143 per year. A new investor can re-tenant this property after closing to market rates of $16 a foot net. This pro-forma NOI will provide an investor with a strong 7.2% capitalization rate at the full asking price of $1,000,000. See enclosed recent comparable closed leases. This property also works very well for an owner user requiring 4,500 sf.Please remember to not disturb existing business, all showings are by appointment only.
AMENITIES: LOT SIZE BETWEEN 1/4 AND 1/2 ACRE,
|
