Property Listing No Longer Available for Sale

Commercial NNN Property - 22352

Pompano Park, FL

Retail for Sale - $2,128,000 - 7,920 Sq. Ft.


Property Info

CIMLS#953360
Location
  Commercial NNN Property - 22352
  Pompano Park FL 33062
UpdatedNovember 24th, 2017
TypeRetail
Price$2,128,000
Building7,920 Sq. Ft.

Property Description

Freestanding, class B, 8,000+/- Square Foot, 1 story renovated office building located in Pompano Beach, Florida. This professional building is situated on a high traffic count location, showcasing its excellent roadside prominence and great signage visibility. The property is surrounded by big condominiums and professional buildings. This NNN building has a 5.6 % cap rate (70% occupancy) with potential 7.3% cap rate with 100% occupancy. This building is located between the intracoastal and US-1, only 1.8 miles from the ocean, a densely populated area that is heavily traveled and sought after. There are 45 parking spaces conveniently located in front of the office building. The interior of the property has high quality appointments and is composed of 5 units with 4 tenants with long term leases and one space is available (2300 sq. ft.) for a professional office. For additional information contact Victoria Deykun at 754-252-6360.


Financials



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