USD 495,000

1938 E Sunrise Blvd
Fort Lauderdale, Florida 33304

For Sale

Property Description

Excellent investment opportunity minutes away from Ft. Lauderdale Beach and The Galleria Mall. Currently performing at a 9.7% cap rate with $4K NOI monthly. Retail/Office building located in The Gateway Shopping Center near Sunrise Blvd. and US-1 with 58,000 VPD and ample free parking for a new owner-user. Currently fully lease by two tenants: Suite A is about 500 Sqft with the lease starting in Jan. 2021 and Suite B is about 1,100 SqFt currently a month to month lease. Owner financing available with 20% down. Please do not disturb the tenants. Contact listing agent for any questions.

Listed by The Keyes Company

Property Details

ID #
A10961361
Status
Sale
Type
Commercial, Industrial, Retail
Zip Code
33304
Year Built
1963
Building Feature
Air Conditioning
Water Source
City/mains water
Septic
City sewer
Construction
CBS Construction, Concrete Block With Brick
Lease Term
1 To 3 Year Lease
Occupancy
Tenant Occupied
Parking
Common Parking
Road Frontage
City Road, Main Thoroughfare
Roof
Tar & Gravel Roof
Utilities
Internet
Zoning Information
B-1

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