Busy Retail Plaza. 100% Occupancy

Broward County, FL

Busy Retail Plaza. 100% Occupancy
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Asking Price: $1,400,000

Gross Revenue: $114,000

Price/Sq. Ft.: N/A

NOI: $80,000

Building SF: 7,200

FF&E: N/A

Year Built: 1979

Busy Retail Plaza. 100% Occupancy

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Property Description

Strip Plaza with 4 tenants. Located 10 minutes/3.1 miles from the beach.

Excellent operating history and 100% stable occupancy, it is an attractive investment
Currently fully leased to 4 tenants. Seller financing is available.

•Exceptional Upside Potential
•Well Located
•Strong Visibility
•Well Maintained
•Priced Well Below Replacement Value
•Great Investment Opportunity
Large Parking Lot. Easy entrance and exit.

Easy property to manage - A real money maker.

"BUYERS ONLY" NO BROKER PARTICIPATION

Bank Financing is available to qualified buyers.
Qualified and well capitalized buyers are invited to initiate contact. Please note that additional information including location will be disclosed with a completed NDA.
Email: rudy.buydirect@gmail.com for NDA. Or text: 954-873-4257
Rudy Singh. Buy Direct Real Estate Inc.

Attention Buyers: We have other profitable income properties, shopping plazas, businesses for sale such as gas stations, liquor stores, restaurants and car wash for sale. Many off market properties are also available.

Detailed Information

Location:
Broward County, FL
Type:
Shopping Center
Building SF:
7,200
Building Status:
Established
Facilities:
Bldg. size over 7,200 sq. ft. 7 bays with 4 tenants.
Financing:
Seller or Bank Financing
Location Description:
Retail Strip Plazas are an absolutely dominant part of South Florida’s Real Estate market, as the area is best known as a very popular destination for travelers around the world seeking the beautiful atmosphere and leisurely lifestyle that South Florida has to offer. This not only bolsters population growth and tourism, but the service industry as well across the board. This not only includes those sectors driven by tourism (dining, bars, entertainment) it also encompasses professionals of all kinds (accountants, lawyers, financial services, insurance sales). When presented against the backdrop of a nationwide economic shift towards service-centric jobs and businesses, South Florida appears poised to remain in high demand as a retail rental market for years to come. Being solidly in-step with nationwide economic trends overall promotes steady, sustainable job growth over the long term. As a result, the area has seen healthy population growth, and thus increased and sustained rental demand over the last decade. These factors combine to create excellent investment value for landlords in a prime location.
Current and Prior Use:
Commercial Retail.
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Rudy Singh

Property Listed By:
Rudy Singh

Buy Direct Real Estate

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