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820 S State Road 7 Road , #7

Plantation, FL 33317
  • $699,950
  • STATUS: Active
  • ON SITE: 6 Days
  • MLS #: RX-10760898
New On Site 6 Days Ago
UPDATED: 15 min ago
$699,950
  • 0
    BEDS
  • 0.18
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,955
    SQFT
  • $237
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1970
County:
Area:

School Ratings & Info

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.

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www.bestbrowardrealestate.com/homes/123524041
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820 S State Road 7 Road , #7 Plantation, FL 33317

  • Price: $699,950
  • Status: Active
  • On Site: 6 Days
  • Updated: 15 min ago
  • MLS #: RX-10760898
0
Beds
0
Baths
0
½ Baths
0.18
Acres
2,955
SQFT
$237
$/SQFT
1970
Built
Neighborhood:
Melrose Park Sec 7
County:
Broward
Area:
Plantation
Property 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.
Exterior Features

Construction Cbs Miles To Beach 7 Miles To Expressway 2 Roof Comp Rolled Waterfront YN No

Interior Features

Bath Toilets 3.00 Ceiling AcousticSheet Rock Ceiling Height 8 Cooling Central Building Flooring CarpetCeramic Tile Heating Central Building Miscellaneous2 Office Offices 8 Percent Air Conditioned 100.00

Property Features

Auction No Available Docs None Available Info Copies Of Lease Built Desc Resale Expenses Insurance 4800.00 Expenses Maint And Repair 1000.00 Expenses Real Estate Taxes 11162.19 Fire Protection Smoke Alarm For Lease No For Sale Yes Lease 4-6 YearsRenewalTriple Net List Office Board Code Realtor Association Of The Palm Beaches (Rapb) Location City Meters 2.00 Monetary Info Gross Sched Income 70962.00 Monetary Info Net Oper Income 53983.00 Monetary Info Source Of Expenses Other Monetary Info Total Expenses 16979.00 Monetary Info Vacancy Rate 0.00 Possession At Closing Sale Includes Building And Land Security Security Light Special Info None Tax Amount Real Estate Taxes 11586.80 Tax Year 2021 Tenant Pays Common Area Maint.ElectricInsuranceTaxes Tenants 2 Terms Considered Cash Type Of Building CommercialFree StandingOffice/RetailRetail Use MixedProfessional Office Utilities 201+ AmpCableElectricPublic SewerPublic Water Zoning Ro (City)Urban

Listing provided courtesy of The Keyes Company. Listing information © 2021 BeachesMLS
 
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The Teri Arbogast Team at Keller Williams Partners SW
2000 NW 150th Ave Suite 1100
Pembroke Pines FL, 33028