5960 SW 23 street, West park, FL
Retail for Sale - $750,000 - 5,900 Sq. Ft. on 18866 acres
Property Info
CIMLS# | 754833 |
Location 5960 SW 23 street West park FL 33023 | |
Updated | December 4th, 2015 |
Type | Retail |
Price | $750,000 |
Building | 5,900 Sq. Ft. |
Land | 18866 acres |
Property Description
Opportunity to purchase 2 properties side by side, located on 2 parcels in the new redevelopment area known as the Transit Oriented Corridor (TOC) initiated by the Florida DOT along State Road 7 (US 441) to widening the Road and beautifying the roadway's corridor with parks, landscaping, pavers and new construction. This will substantially raise property values in the area upon completion of this project. These 2 properties for Sale consist of : 1) Free standing concrete building 5,900 s/f divided into 4 bays with 6 rolling bay doors, 16' high ceiling and have been recently renovated and painted,leased at $ 6,200 per month to 4 tenants with rent agreements of 3 years, One tenant is willing to leave if needed. price $ 750,000.00. 2) SOLD for $ 170,000
Located on 441 between Pembroke Rd and Hallandale beach blvd
In between Miami and Fort Lauderdale
Financials
Great Cash Flow with below market rents generating an 9.04 % cap rate.