USD 725,000

2220 SW 60th Ter
Miramar, Florida 33023

For Sale

Property Description

Great freestanding industrial building with large fenced lot in Miramar Florida. Most automotive uses are allowed by City. This warehouse contains 4,270 sf of leasable space sitting on a large 11,607 sf lot.
This property is currently 100% occupied with 2 tenants. One is occupying 2,600 sf plus lot is paying $4,176 per month. One tenant is leasing the small bay for $2,000.00 per month which is 1,670 sf.
This property is currently grossing $74,112 annually. Net operating income is $58,072 per year, giving this property a strong 8% capitalization rate.
Call for additional information, and for all showings. Please do not disturb existing business.

Listed by RE/MAX 5 Star Realty

Property Details

ID #
A10515089
Status
Sale
Type
Commercial, Industrial
Zip Code
33023
Year Built
1967
Electric Service
110 Volts Power
Occupancy
Tenant Occupied
Type of Building
Free Standing

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