USD 1,800,000

360 NE 44th St
Oakland Park, Florida 33334

For Sale

Property Description

2 Parcels together this propane business has been running out of this location for a many years. The tenant has a 10 year lease at $10,000 per month and increases 2% per year. The lease is renewable for additional 10 years. The tenant is responsible for all repairs. Landlord pays property tax and insurance for building. Tenant generates thousands in walk up business daily. Great location. Oakland Park future is bright. Oakland Park downtown area is being built up and a commuter train that will bring people to and from the area. They are looking to grow and business friendly. Many new businesses are coming into the area. The tenant will pay off the real estate & build the business while the city is working on growth. This is a great investment. Owner needs to cash-out. Watch the video

Listed by Keller Williams Legacy

Property Details

ID #
A11101368
Status
Sale
Type
Commercial, Industrial
Zip Code
33334
Year Built
1974
Parking Spaces
10
Building Feature
Air Conditioning, Security system, Smoke alarms
Ground Feature
Fenced, Gated community
Water Source
City/mains water
Septic
City sewer
Construction
Concrete Block Construction
Floor
Tile Floors, Wood Floors
Lease Term
7-10 Year Lease
Location
Out Parcel
Occupancy
Tenant Occupied
Road Type
Divided
Type of Building
Store/Warehouse Combination
Utilities
Internet
Miscellaneous
Automobile Traffic, Outside Storage, Private Restrooms, Rear Access, Separate Office Area, Separate Warehouse Area, Showroom

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