Property
| Ownership: | Commercial |
|---|
FinancialsPrice: $3,600,000 Annual Taxes: $17,554
| Price: | $3,600,000 |
|---|---|
| Annual Taxes: | $17,554 |
888 Biscayne Blvd # Unit CU9 Miami, FL 33132 Phone: +1305-907-7555 Fax: +1305-675-0745 | |
| Courtesy of RE/MAX 5 Star Realty | |
DescriptionThis 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.
Neighborhood
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.
This 9, 615 SF flex space building is a perfect blend of office and true industrial, situated on a large 19, 540 SF lot.
DescriptionThis 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.
Neighborhood
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.
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but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors,
omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without
notice. International currency conversions where shown are estimates based on recent exchange rates and are
not official asking prices.
All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.