2926 NW 17th Ter, Oakland Park FL 33311
Beds
Baths
SQFT 6,374
Garage
49 Years Built
Home Details
This building consists of 4,500 square feet located is rapidly appreciating Oakland Park Florida. Liberal I-1 Industrial zoning allows most industrial uses. This building is occupied by 1 tenant. The property is grossing $54,000 per year, netting $43,143 per year. A new investor can re-tenant this property after closing to market rates of $16 a foot net. This Pro-forma NOI will provide an investor with a strong 9.47% capitalization rate at the full asking price of $760,000. See enclosed recent comparable closed leases. Please remember to not disturb existing business, all showings are by appointment only.
Other Interior Features
General
Neighbourhood
Location
This building consists of 4,500 square feet located is rapidly appreciating Oakland Park Florida. Liberal I-1 Industrial zoning allows most industrial uses. This building is occupied by 1 tenant. The property is grossing $54,000 per year, netting $43,143 per year. A new investor can re-tenant this property after closing to market rates of $16 a foot net. This Pro-forma NOI will provide an investor with a strong 9.47% capitalization rate at the full asking price of $760,000. See enclosed recent comparable closed leases. Please remember to not disturb existing business, all showings are by appointment only.