Description
Great freestanding office building in desirable East Hollywood Florida well situated directly on Dixie Highway. This property consists of 19,448 SF sitting on a large 32,217 SF lot (0.73 Acres) This building is currently vacant. A new investor can lease this property after closing at a conservative rates of $15 a foot net. When leased, this building will be netting $291,720 a year providing an investor an above market capitalization rate of 9.1% at full asking price. This property will also work for an owner user looking to relocate in East Hollywood. Please call listing broker for additional information or to receive an offering memorandum.
School Ratings & Info
Description
Great freestanding office building in desirable East Hollywood Florida well situated directly on Dixie Highway. This property consists of 19,448 SF sitting on a large 32,217 SF lot (0.73 Acres) This building is currently vacant. A new investor can lease this property after closing at a conservative rates of $15 a foot net. When leased, this building will be netting $291,720 a year providing an investor an above market capitalization rate of 9.1% at full asking price. This property will also work for an owner user looking to relocate in East Hollywood. Please call listing broker for additional information or to receive an offering memorandum.
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