This 9, 615 SF flex space building is a perfect blend of office and true industrial, situated on a large 19, 540 SF lot.


Property

Website:https://www.nestseekers.com/2454176
Address:
310-320 NE 1st Ave
Hallandale Beach, FL 33009
Ownership: Commercial

Financials

Price: $3,600,000
Annual Taxes: $17,554

Description

This 9,615 SF flex space building is a perfect blend of office and true industrial, situated on a large 19,540 SF lot. The parking lot across the street is on a long-term lease with the city of Hallandale Beach and provides a tremendous amount of available parking.The property is 100% occupied by 3 tenants and is currently netting $219,307 per year, which will provide an investor with a strong 6.09% capitalization rate at full asking price. All tenants are currently month-to-month. The property can be delivered vacant for an owner-user.

Contact

888 Biscayne Blvd # Unit CU9 Miami, FL 33132
Courtesy of RE/MAX 5 Star Realty