Description
Excellent investment opportunity minutes away from Ft. Lauderdale Beach and The Galleria Mall. Currently performing at a 9.7% cap rate with $4K NOI monthly. Retail/Office building located in The Gateway Shopping Center near Sunrise Blvd. and US-1 with 58,000 VPD and ample free parking for a new owner-user. Currently fully lease by two tenants: Suite A is about 500 Sqft with the lease starting in Jan. 2021 and Suite B is about 1,100 SqFt currently a month to month lease. Owner financing available with 20% down. Please do not disturb the tenants. Contact listing agent for any questions.
School Ratings & Info
Description
Excellent investment opportunity minutes away from Ft. Lauderdale Beach and The Galleria Mall. Currently performing at a 9.7% cap rate with $4K NOI monthly. Retail/Office building located in The Gateway Shopping Center near Sunrise Blvd. and US-1 with 58,000 VPD and ample free parking for a new owner-user. Currently fully lease by two tenants: Suite A is about 500 Sqft with the lease starting in Jan. 2021 and Suite B is about 1,100 SqFt currently a month to month lease. Owner financing available with 20% down. Please do not disturb the tenants. Contact listing agent for any questions.
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