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Single Building with Two Tenants

$699,950

820 S. State Road 7, Plantation, FL 33317

Active
Last Updated: 11/24/2021

2,955 sqft

Building Size

0.1848 acres

Lot Area

Details:
Building Size:    2,955 sqft
Lot Area:    0.1848 acres
Occupancy:    100%
Class:    B
Units:    2
Year Built:    1970
Floors:    1
Parking Spots:    13
Highlights:
  • Looking for that investment with a seven (7%) return, look no further then the following property.
  • The property is being sold with two long term tenants.
  • Tenant A is West Broward Management Company occupying 1955 sq. ft.
  • Tenant B is a Chiropractor's office occupying 1000 sq. ft..
  • The leases are both NNN with the tenants paying their pro-rata share of the Taxes, Insurance and Common Area Maintenance.
Description:

Looking for that investment with a seven (7%) return, look no further then the following property.
The property is being sold with two long term tenants, tenant A is West Broward Management Company occupying 1955 sq. ft. and Tenant B is a Chiropractor's office occupying 1000 sq. ft.. Both leases run until December 31, 2026.
The leases are both NNN with the tenants paying their pro-rata share of the Taxes, Insurance and Common Area Maintenance.
Leases are confidential and will be shared during the due diligence period.
All showings are after 5:00 or all day Tuesday. No weekends.

The property is located on the highly visible access road to State Road 7 located in Plantation, Florida. The area is made up of professional and medical buildings on the access road, however State Road 7 visible from this property has Car Dealers, Pharmacy's, Retail, Restaurants and additional Commercial Uses.

The area is made up of Neighborhood Commercial small converted houses to Professional / Medical uses along the access road to State Road 7. The property is visible along State Road 7.

Melrose Park Sec 7 39-35 B Lot 3 Blk 6
PID #5042-07-07-0910

Map:
Documents:
Title
Offering Memorandum
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Location
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