USD 649,000

5195 E 10th Ave
Hialeah, Florida 33013

For Sale

Property Description

GREAT CORNER UNIT WAREHOUSE WITH A 20+ YEAR TENENT IN PLACE, THREE MORE YEARS ON LEASE WITH OPTION AND WILLING TO RENEW IT. GREAT RENTAL INCOME PRODUCING PROPERTY WITH A GROSS LEASE OF
$58,800 YEARLY INCOME AND A TOTAL OF $12,357 OPERATING EXPENSE.
NET ANNUAL INCOME OF $46,443
PROPERTY HAS 40 YEAR CERTIFICATION GOOD FOR THE NEXT 10 YEARS
REPAIRS COMPLETED WITHIN THE LAST FOUR YEARS
ALL BUT ONE OF THE OVERHEAD DOORS REPLACED
BATHROOMS PLUMBING UPDATED AND EMERGENCY LIGHTS ADDED

Listed by Developers Group Realty

Property Details

ID #
A10777358
Status
Sale
Type
Commercial, Industrial
Zip Code
33013
Building Area
5,118ft2
Year Built
1959
Parking Spaces
14
Construction
Concrete Block Construction
Electric Service
110 Volts Power, 220 Volts Power
Floor
Concrete Floors
Lease Term
1 To 3 Year Lease, Gross Rent Shown, Net Rent Shown
Location
Corner Unit
Occupancy
Tenant Occupied
Parking
Common Parking
Road Frontage
City Road
Road Type
Two Lane
Roof
Built-Up Roof
Type of Building
Automotive, Warehouse Space
Utilities
Internet
Zoning Information
7100

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