Description
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.
School Ratings & Info
Description
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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