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
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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
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