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 #
A11107488
Status
Sale
Type
Commercial, Industrial, Income/Multi-Family 5+
Zip Code
33334
Year Built
1964
Parking Spaces
10
Building Feature
Air Conditioning, Security system
Ground Feature
Fenced, Gated community
Water Source
City/mains water
Septic
City sewer
Construction
Concrete Block Construction
Floor
Ceramic Floor, Concrete Floors
Lease Term
7-10 Year Lease, Long Term Lease
Location
End Unit
Occupancy
Call Listing Agent
Parking
Guest Parking, Loading Spaces
Road Frontage
City Road
Road Type
Four Lane
Type of Building
Commercial/Residential Income, Store/Warehouse Combination
Utilities
Internet
Zoning Information
B2
Miscellaneous
Automobile Traffic, Bottled Gas, Outside Storage, Overhead Doors, Separate Office Area, Separate Warehouse Area, Showroom

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