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Jorlex | Industrial Investment Property

$3,706,000

5431- 5441 Northwest 15th Street, Margate, FL 33063

Active
Last Updated: 05/20/2021

6

Cap Rate

222,406

NOI

Details:
Cap Rate:    6%
NOI:    $222,406
Building Size:    29,000 sqft
Lot Area:    1.8 acres
Year Built:    1987
Floors:    1
Highlights:
  • Multi-Tenant Industrial Investment
  • Mid Size Bay
  • Ideal for 1031 Tax Free Exchange
  • NNN & MG Leases
  • 2 to 3 & 5 Year Terms - Annual Increases
  • Recent Upgrades
  • Great Potential Upside
Description:

Well kept +/- 29,000 sf mid size bay, multi-tenant industrial building, 12 bays ranging from +/-1,850 to 6,300 square feet, 16' ceilings, 1.8 acres, +/- 83 parking spaces, separate electric & water meters- most leases are NNN- P&L and Rent roll available by submitting Confidentiality Agreement which is an attachment to this listing

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Offering Brochure
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