Tamarac, FL 33321

Property

Ownership: For Sale
Type: Unknown
Pets: No Pets Allowed

Financials

Price:$5,000,000
Annual Taxes:$29,873
888 Biscayne Blvd # Unit CU9 Miami, FL 33132
Listing Courtesy of RE/MAX 5 Star Realty

The subject property is a 7, 593 SF freestanding commercial building located on a 39, 015 SF lot in Tamarac, Florida.

Description

The subject property is a ±7,593 SF freestanding commercial building located on a 39,015 SF lot in Tamarac, Florida. The property is 100% leased to a single tenant under a triple net lease structure with 3% annual rental increases through December 2029, including two 5-year renewal options. The building is fully built out for educational use and includes six classrooms, a library, reception and lobby area, two administrative offices, break room, multiple restrooms, and 35 on-site parking spaces. This offering provides stable in-place NNN income with contractual rent growth and long-term lease term in an established Broward County corridor.

Long Island MLS

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, 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.