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$ 1,880,000
Est. payment | /mo
2,706 SqFt
$ 1,880,000
Est. payment | /mo
2,706 SqFt
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
Listed by The Cardenas Group Realty
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