Single Building with Two Tenants

820 S. State Road 7, Plantation, FL

$699,950

Price

2,955 sqft

Building Size

0.1848 acres

Lot Area

Overview
Building Size
2,955 sqft
Lot Area
0.1848 acres
Occupancy
100%
Class
B
Units
2
Year Built
1970
Floors
1
Parking Spots
13
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

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.
Documents

Location
Gallery