$2,725,000
$2,962,000
8.0%For more information regarding the value of a property, please contact us for a free consultation.
1.08 Acres Lot
SOLD DATE : 03/31/2022
Key Details
Sold Price $2,725,000
Property Type Commercial
Sub Type Retail
Listing Status Sold
Purchase Type For Sale
Subdivision Lonestar Plaza 441
MLS Listing ID F10310286
Sold Date 03/31/22
Construction Status Resale
HOA Y/N No
Total Fin. Sqft 46989
Annual Tax Amount $37,530
Tax Year 2020
Lot Size 1.079 Acres
Property Description
Impeccably maintained retail plaza consisting of 3 buildings and 14 units. Multiple capital improvements recently completed and being undertaken. Little to no deferred maintenance for a new owner. 95% occupancy with easily obtainable 100% occupancy after closing. One vacant space (705 sqft) currently being used by the owner. Low expenses currently $3.57/sqft. Above average annual rent increases. 200 feet of frontage on 441. Great location in North West Broward County. 3 miles from Florida Turnpike. ~6% Caprate at asking price.
Location
State FL
County Broward County
Area North Broward 441 To Everglades (3611-3642)
Zoning TOC-C
Interior
Heating Central Individual A/C
Cooling Central Individual A/C
Exterior
Waterfront No
Water Access N
Private Pool No
Building
Story 1.0000
Sewer Public Sanitation
Water Public Water
Construction Status Resale
Others
Pets Allowed No
Acceptable Financing Cash, Conventional/Refinance, Other Terms
Listing Terms Cash, Conventional/Refinance, Other Terms
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with Box Real Estate LLC
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "