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4003-4015 NE 6th Avenue, 4003-4015, Oakland Park, FL 33334

$7,200,000
Property Type: Comm/Industry Status: Active
Current Price: $7,200,000 Last Modified: 6/27/2023

Description

A rare industrial smallbay warehouse in Oakland Park comprised of one building totaling +/-29,563 rentable squarefeet. The 100% leased property features a diverse credit tenancy currently producing excellent returns. With virtually no new competitive supply, this asset is poised for significant rental rate appreciation.

Supplements: This presents an opportunity to acquire an asset in Broward County, one of the fastest-growing and most promising markets n the country with 2.7 million people and almost 84,000 businesses within a 60-minute drive. The property has been well-maintained with a full renovation completed in 2016 creating a fully air-conditioned multi-tenant property. Recent improvements include impact glass windows, impact bay doors, a new stucco faade, roof renovations, and upgraded building wide systems. The property is currently 100% occupied by five (5) tenants with an average rent of $15.95 PSF.

More Information MLS# FX-10386379

Contract Information

Status: Active Original List Price: 7200000 List Price: $7,200,000 Current Price: $7,200,000 Listing Date: 2023-06-21 Comm/Non-Rep: 1.5% Comm/Buyer Agent: 1.5% Comm/Trans Brk: 1.5%

General Property Description

Type: Industrial For Sale: Yes For Lease: No Year Built: 1968 Acres: 2

Location, Tax & Legal

Area: 3450 Geo Area: FTNE Country: United States County: Broward Parcel ID: 494222191020 Street #: 4003-4015 Street Dir: NE Street Name: 6th Street Suffix: Avenue Unit #: 4003-4015 State/Province: FL Zip Code: 33334 Zoning: I-1 Tax Year: 2022 Real Estate Taxes: 58876 Geo Lat: 26.175858 Geo Lon: -80.138939

Office/Member Info

DXORIGMLNO: F10386379 DXORIGMLSID: FLL
Listing Office: Biscayne Advisors
Last Updated: June - 27 - 2023
4003-4015 NE 6th Avenue, 4003-4015, Oakland Park, FL 33334- MLS# FX-10386379
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

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