Property Description
This 9,615 SF flex space building is a perfect blend of office and true industrial, situated on a large 19,540 SF lot. The parking lot across the street is on a long-term lease with the city of Hallandale Beach and provides a tremendous amount of available parking.The property is 100% occupied by 3 tenants and is currently netting $219,307 per year, which will provide an investor with a strong 6.09% capitalization rate at full asking price. All tenants are currently month-to-month. The property can be delivered vacant for an owner-user.
Address Map
FL
Broward County
Hallandale Beach
33009
310-320 NE 1st Ave
W81° 51' 7.9''
N25° 59' 23.6''
MLS Addon
Commercialsale For Sale
310-320 NE 1st Ave, Hallandale Beach, Florida 33009
13,910 Sqft
$3,600,000
MLS # #A11252431
Basic Details
Property Type : Commercialsale
Listing Type : For Sale
Price : $3,600,000
Year Built : 1962
Lot Area : 13,910 Sqft
MLS # : A11252431
Property Sub Type : Commercial