$725,000
60th Ter

2220 SW 60th Ter, Miramar FL 33023

Beds

Baths

SQFT 11,607

Garage

57 Years Built

Home Details

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.

Other Interior Features

Heating
Appliances
Living Area - SqFt
Inside
Total - SqFt
11607

General

MLS#
A10515089
Architectural Style
Bathroom Features
Living Area - SqFt
Construction Materials
Window Features
Total - SqFt
11607

Neighbourhood

Location

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.

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