USD 520,000

12601 NW 115th Ave A-103
Medley, Florida 33178

For Sale

Property Description

Class “A” development by First Industrial Realty Trust, Fully Secured, Gated Truck Court, 400 SF office area (open layout), 700 SF Open Storage Concrete Mezzanine, 2,400 SF Warehouse Area, 100% Air Conditioned, one 4'X8' street-level double door located in rear of property; Common Area Scissor-Lift for Dock High Shipments, 20’ clear height in warehouse, Hurricane impact-resistant glass, Type-IV sprinkler protection, M-1 zoning City of Medley, Gross Annual Income of $39,375.00, with 3% annual increases, Annual Association Dues of $5,810.00/$484.17 per month (Estimated at $1.66 psf), Property Taxes at $6,790.00 (Estimated at $1.94 psf), NOI of $26,775.00, CAP RATE AT 5.15%.

Listed by The Katsikos Group, Inc.

Property Details

ID #
A10719382
Status
Sale
Type
Commercial, Industrial
Zip Code
33178
Year Built
2007
Parking Spaces
5
Building Feature
Air Conditioning
Ground Feature
Gated community
Roof Material
Metal roof
Water Source
City/mains water
Septic
City sewer
Ceiling
Ceiling Height Varies
Construction
Concrete Block Construction
Cooling
Exhaust Fans
Electric Service
3 Phase Electric
Floor
Carpeted Floors, Concrete Floors
Heating
Exhaust Fans
Lease Term
1 To 3 Year Lease, 4 To 6 Year Lease
Location
City Location, Industrial Park
Occupancy
Tenant Occupied
Parking
Guest Parking, Handicap Parking
Roof
Concrete Roof
Security
Security Lighting
Storm Protection
Clear Impact Glass
Type of Building
Condominium
Zoning Information
0000

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