3200 S State Road 7, Miramar, FL
Retail for Sale - $2,125,000 - 2,906 Sq. Ft. on 0.52 acres
Property Info
CIMLS# | 1048883 |
Location 3200 S State Road 7 Miramar FL 33023 | |
Updated | December 16th, 2019 |
Type | Retail |
Price | $2,125,000 |
Building | 2,906 Sq. Ft. |
Land | 0.52 acres |
Property Description
ONE Sotheby's International Realty commercial division is pleased to present a unique investment opportunity for an Owner User or long term investor. This highly desirable location offers an investor a solid return of 7% with very little Landlord responsibilities. This corner property currently has 2 long term tenants. 1) Auto Direct of South Broward an automobile sales business with a grandfathered Used Car Sales license which are rare and not offered any longer in Miami or Broward. 2) Tints Stereo & Alarm Depot is an automobile accessories store which installs window tints, stereos, and alarms and has been at this same location for over 12 years. This property has just been newly renovated, with new offices, fenced, sealed asphalt top coating, and new central a/c. This prime retail property may also be redeveloped for other retail uses and is located on busy State Road 7 corridor also known as Broward's 441 with easy access to Florida Turnpike Palmetto 826, and I-95.
The Property is located in the heart of the Miramar Auto Mall District. The property is on West side of State Road 7, just North of Hallandale Beach Blvd./ Miramar Parkway. One of the highest traffic counts in Broward with over 44,000 vehicles daily.
DRONE VIDEO LINK: https://youtu.be/5Ct_docM3Lw