2220 SW 60th Ter, Miramar FL 33023
Beds
Baths
SQFT 11,607
Garage
57 Years Built
Great freestanding industrial building with large fenced lot in Miramar Florida. Most automotive uses are allowed by City. This warehouse contains 4,270 sf of leasable space sitting on a large 11,607 sf lot. This property is currently 100% occupied with 2 tenants. One is occupying 2,600 sf plus lot is paying $4,176 per month. One tenant is leasing the small bay for $2,000.00 per month which is 1,670 sf. This property is currently grossing $74,112 annually. Net operating income is $58,072 per year, giving this property a strong 8% capitalization rate. Please do not disturb existing business. Please call for additional information or to receive an offering package.
Great freestanding industrial building with large fenced lot in Miramar Florida. Most automotive uses are allowed by City. This warehouse contains 4,270 sf of leasable space sitting on a large 11,607 sf lot. This property is currently 100% occupied with 2 tenants. One is occupying 2,600 sf plus lot is paying $4,176 per month. One tenant is leasing the small bay for $2,000.00 per month which is 1,670 sf. This property is currently grossing $74,112 annually. Net operating income is $58,072 per year, giving this property a strong 8% capitalization rate. Please do not disturb existing business. Please call for additional information or to receive an offering package.