310-320 NE 1st Ave, Hallandale Beach FL 33009
310-320 NE 1st Ave, Hallandale Beach FL 33009
$3,600,000
Basics
- Date added: Added 1 year ago
- Category: Commercial Sale
- Type: Flex Space
- Status: Active
- Year built: 1962
- County Or Parish: Broward County
- DOM: 392
- Lot Size Square Feet: 13910 sq ft
Description
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Description:
This 9,615 SF flex space building is a perfect blend of office and true industrial situated on a large 19,540 SF lot. Parking lot across the street is on a long term lease with the city of Hallandale Beach and provides a tremendous amount of available parking. The building as well as the adjacent lot is being sold for $4,250,000. The property is 100% occupied by 3 tenants and is currently netting $184,368 per year which will provide an investor with a strong 5.12% capitalization rate at full asking price. All tenants are currently month to month. The property can be delivered vacated for an owner user.
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Location
- Street Name: 1st Ave
- Street Number: 310-320
- State: FL
- Province: FL
- Zip / Postal Code: 33009
Building Details
- Building Area Total: 9615 sq ft
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