1500 E Commercial Blvd - Freestanding FOR SALE


Fort Lauderdale, FL 33334
$3,980,000 USD
561-756-9222
1500 E Commercial Blvd, Fort Lauderdale, FL for Sale
$3,980,000 USD
Freestanding - FOR SALE
1/16
null | Request Cap Rate

1500 E Commercial Blvd
Fort Lauderdale, FL 33334


HIGHLIGHTS

  • Very visible property on Commercial Blvd has over 50,000 vehicles a day

OVERVIEW

This two-story, freestanding commercial property consists of 9,619 sqft of useable space and situated on a corner 10,161 sqft lot, has 18' ceilings. The property is located in Oakland Park between Federal Highway and North Dixie Highway. Great location in East Fort Lauderdale. Has private parking. Currently used as a furniture retail/wholesale store, it has over $100K in monthly revenue. Perfect opportunity for an investor or owner-user. Only 30% down! For qualified buyers, 70% seller financing is available with 6% interest only for 4 years! $300K inventory included in the sale. 7% Cap rate NNN tenant is ready to sign a 3+3 year lease with the new owner at closing.

FOR SALE DETAILS

PRICE

$3,980,000 USD

PRICE/SF

$414 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1976

SPRINKLERS

-

PARKING SPACES

18

LAND DETAILS

LAND ACRES

0.23 AC

LAND SF

10,019 SF

ZONING

B-1

APN/PARCEL ID

49-42-14-12-1410

ASK ABOUT THIS PROPERTY

Baris GulerVr Business Brokers Palm BeachMore Info
561-756-9222

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Baris GulerVr Business Brokers Palm BeachMore Info
561-756-9222

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.