Property Listing No Longer Available for Sale

SHOPPING CENTER - 6,675 SF - 22053

MIRAMAR, FL

Shopping Center for Sale - $750,000 - 6,675 Sq. Ft.


Property Info

CIMLS#773167
Location
  SHOPPING CENTER - 6,675 SF - 22053
  MIRAMAR FL 33023
UpdatedJanuary 28th, 2016
TypeShopping Center
Price$750,000
Building6,675 Sq. Ft.

Property Description

6,675 Sq. Ft Freestanding Shopping Plaza, located in Miramar, FL. The Plaza has 3 bays, each bay has its own meters for water & electricity, tenants has excellent long term leases; tenants include Dry Cleaners, Beauty Salon & Appliance Store.

This well maintained plaza has parking at front and rear; it was built in 1963 and has excellent visibility, located in a high traffic zone with a Traffic count around 40,000, because is frontage on Miramar Parkway. For current tenants, average rent is $12.22 per sq. ft. with 3% annual increases. Rents are below the average which is at a minimum of $16.00 per sq. ft. This is a turnkey investment that could easily be managed with little effort and time consumption. (Br # 22053)

FOR ADDITIONAL INFORMATION, PLEASE CONTACT SHARIF MUKATI AT 954-579-9476.


Financials