Property Description
This prime investment property includes both parking lot at 6400 Pembroke Rd and the fully leased building at 6402 Pembroke road located on the SW corner of Prmebroke Rd with exceptional visibility, seeing 33,000 vehicles daily. Ideally located between 441 and Florida’s Turnpike, it offers easy access to major highways. Fully leased with tenants on month-to-month leases (they would like to stay and extend leases), it provides flexibility for immediate cash flow or redevelopment. With strong rental income, future appreciation potential, and a net operating income of $81,840 per year, this is a great opportunity for investors looking for a solid cap rate, developers or end users.
Address Map
- State:
- FL
- County:
- Broward
- City:
- Miramar
- Zipcode:
- 33023
- Street:
- 6400 & 6402 Pembroke Rd, Miramar, Florida 3302
- Longitude:
- W81° 43' 56.9''
- Latitude:
- N25° 59' 38.8''
MLS Addon
- Building Area:
- 4,821 Sqft
- Cumulative DOM:
- 346
- DOM:
- 359
- Internet Address Display:
- 1
- Internet Listing Display:
- 1
- Listing Terms:
- Cash, Conventional
- Maintenance Expense:
- $960
- Parcel Number:
- 514123071920
- Structure Type:
- Retail
- Tax Annual Amount:
- $16,862
- Virtual Tour:
- Click Here
Commercial Sale For Sale
6400 & 6402 Pembroke Rd, Miramar, Florida 3302, Miramar, Florida 33023
14,041 Sqft
$1,199,000
MLS # #A11749645
Basic Details
- Property Type :
- Commercial Sale
- Listing Type :
- For Sale
- Price :
- $1,199,000
- Year Built :
- 1956
- Lot Area :
- 14,041 Sqft
- MLS # :
- A11749645
- Property Sub Type :
- Retail
