Freestanding 24,850 SqFt Industrial building .The property is situated on a total of 1.6 Acre with immediate income as the property is 100% leased with diverse tenants (9 bays ) long term tenants some over 10 years .opportunity for a new owner to raise rents to market value (currently rents are below market value) making this investment prime for increased ROI . Building clear ceiling 14' .The property, value-add, industrial flex warehouse located in Lauderhill "industrial park " , on a strategic corner across from UPS ,this property is in an outstanding location for industrial uses and can be a strategic asset to own.
Courtesy Of Cohen Realty Group
1.60
Lot
Main Features
Listing Status: Active
Year Built: 1977
County: Broward
Taxes: $48,648.00
Tax Year: 2021
MLS Number:F10364573
Additional Features
Cooling:
CentralAir
Construction:
Block
Occupied By:
Tenant
Property Subtype:
Commercial
Waterfront:
N
Parking:
Common
Electric:
Item3Phase
Heating:
CENTRAL
Sewer:
PublicSewer
Security Features:
SmokeDetectors
Water:
PUBLIC
Documents On File:
RentRolls
Gross Income:
337685
Legal Description:
INDUSTRIAL 100 UNIT 2 85-2 B PORTION OF TR D DESC AS COMM SW COR OF TR B OF INDUSTRIAL 100 UNIT ONE-PB-85-3-B,ELY 40 TO POB,CONT ELY 255,SLY
Net Operating Income:
233543
Terms:
CASH
Other
CDOM:
0
Buyer Agency Compensation:
2%
Buyer Agency Compensation Disclaimer:
The listing broker's offer of compensation is made to participants of BeachesMLS, where the listing is filed, as well as participants of MLS's participating in MLSAdvantage or a data share with BeachesMLS