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Additional details
$1,880,000
Est. payment /mo
2,706 SqFt
UPDATED:
11/14/2024 12:38 AM
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
Square Footage 2,706 sqft
Price per Sqft $694
MLS Listing ID A11684998
HOA Y/N No
Year Built 1985
Annual Tax Amount $23,459
Tax Year 2023
Lot Size 0.643 Acres
Property Description
The property generates a robust annual income of
$84,392, offering a strong return on investment.
Predictable Growth: With a 4% annual increase in rent, investors
can anticipate consistent revenue growth over the lease term,
enhancing long-term profitability.
Minimal Management: The NNN lease structure places
responsibility for property expenses—such as taxes, insurance, and
maintenance—on the tenant, allowing for a hassle-free investment
experience.
Prime Location: Situated on a busy thoroughfare in Oakland Park,
the property benefits from high visibility and accessibility, attracting
a diverse customer base and ensuring tenant stability.
$84,392, offering a strong return on investment.
Predictable Growth: With a 4% annual increase in rent, investors
can anticipate consistent revenue growth over the lease term,
enhancing long-term profitability.
Minimal Management: The NNN lease structure places
responsibility for property expenses—such as taxes, insurance, and
maintenance—on the tenant, allowing for a hassle-free investment
experience.
Prime Location: Situated on a busy thoroughfare in Oakland Park,
the property benefits from high visibility and accessibility, attracting
a diverse customer base and ensuring tenant stability.
Location
State FL
County Broward
Area 3550
Interior
Cooling Central Air
Building
Water Public
Others
Tax ID 494220010014
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Listed by The Cardenas Group Realty
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