USD 2,350,000

3075 W Oakland Park Blvd
Oakland Park, Florida 33311

For Sale

Property Description

The building is 24,134 sq ft of retail and office space that has recently experienced extensive improvements to the interior and exterior of the property. The lot size is 1,59 acres with plenty of parking in front and back.
Property is occupied by a mix of tenants with 28 office spaces ranging from 200 sq ft to 1800 sq ft and would be a great addition to any investors portfolio.
Cap rate is 7.15% on actual numbers with 95% occupancy. There is potential to increase income with 100% occupancy and increase rent because current rents are below market rates for the area.
40 year inspection completed.

Listed by Commercial Real Estate Advisors LLC

Property Details

ID #
A10873272
Status
Sale
Type
Commercial, Industrial, Office
Zip Code
33311
Lot Area
69,696ft2
Year Built
1974
Parking Spaces
88
Building Feature
Security system, Smoke alarms
Floor
Carpeted Floors, Tile Floors
Lease Term
1 To 3 Year Lease, Annual Lease, Month To Month Lease
Occupancy
Tenant Occupied
Parking
Free Parking
Road Type
Four Lane
Type of Building
Commercial/Residential Income
Utilities
Internet

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