Property Listing No Longer Available for Sale

W. State Road 84, Davie, FL

Shopping Center for Sale - $1,750,000


Property Info

CIMLS#1047444
Location
  W. State Road 84
  Davie FL 33324
UpdatedDecember 3rd, 2019
TypeShopping Center
Price$1,750,000

Property Description

Strip Center 11,000+ square feet located in the thriving city of Davie, FL.

With long term tenants, and a strategic location, this property represents the opportunity to acquire a stabilized asset which has been well maintained. Property is currently 100% occupied, with their tenants thriving at this location. The property was built in 1985, and is situated on a 43,500+ square feet lot which provides ample parking for tenants and customers alike. The tenants benefit from the 237 feet of frontage on where there is a traffic count of 20,500 vehicles per day, according to the Florida Department of Transportation. The roof has been well maintained with a silicone sealer having been applied in the past year, and the air conditioning systems being less than 10 years old. Property currently has rents below market which the savvy investor can increase as the leases are due for renewal, and represents the golden opportunity to acquire a turn key asset in a market that has experienced historical growth over the years. Fpr additional information contact Jason Nadayil, PA at 954-812-4502.


Financials