USD 3,600,000

310-320 NE 1st Ave
Hallandale Beach, Florida 33009

For Sale

Property Description

This 9,615 SF flex space building is a perfect blend of office and true industrial, situated on a large 19,540 SF lot. The parking lot across the street is on a long-term lease with the city of Hallandale Beach and provides a tremendous amount of available parking.The property is 100% occupied by 3 tenants and is currently netting $219,307 per year, which will provide an investor with a strong 6.09% capitalization rate at full asking price. All tenants are currently month-to-month. The property can be delivered vacant for an owner-user.

Listed by RE/MAX 5 Star Realty

Property Details

ID #
A11252431
Status
Sale
Type
Commercial, Industrial
Zip Code
33009
Year Built
1962
Occupancy
Call Listing Agent
Utilities
Internet
Zoning Information
Central RAC
Listing content provided by the Miami Association of Realtors
Disclaimer: BBC: 2.5%, The offer of compensation is made only to participants of the MLS where the listing is filed.

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