Bought with The Keyes Company
$715,000
$699,950
2.2%For more information regarding the value of a property, please contact us for a free consultation.
3 Baths
2,955 SqFt
SOLD DATE : 01/19/2022
Key Details
Sold Price $715,000
Property Type Commercial
Sub Type Office
Listing Status Sold
Purchase Type For Sale
Square Footage 2,955 sqft
Price per Sqft $241
Subdivision Melrose Park Sec 7
MLS Listing ID RX-10760898
Sold Date 01/19/22
Construction Status Resale
Year Built 1970
Annual Tax Amount $11,586
Tax Year 2021
Lot Size 7,840 Sqft
Property Description
Looking for that investment with a seven (7%) return, look no further then the following property.The property is being sold with two long term tenants, tenant A is West Broward Management Company occupying 1955 sq. ft. and Tenant B is a Chiropractor's office occupying 1000 sq. ft.. Both leases run until December 31, 2026. The leases are both NNN with the tenants paying their pro-rata share of the Taxes, Insurance and Common Area Maintenance. Leases are confidential and will be shared during the due diligence period. All showings are after 5:00 or all day Tuesday. No weekends. The property is located on the highly visible access road to State Road 7 located in Plantation, Florida. The area is made up of professional and medical buildings on the access road.
Location
State FL
County Broward
Area 3570
Zoning RO (city)Urban
Interior
Heating Central Building
Cooling Central Building
Flooring Carpet, Ceramic Tile
Fireplaces Type Smoke Alarm
Exterior
Community Features None
Utilities Available 201+ Amp, Cable, Electric, Public Sewer, Public Water
Waterfront No
Roof Type Comp Rolled
Present Use None
Building
Story 100.00
Foundation CBS
Construction Status Resale
Others
Security Features Security Light
Acceptable Financing Cash
Listing Terms Cash
Financing Cash
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