This building consists of 4,500 square feet located is rapidly appreciating Oakland Park Florida. Liberal I-1 Industrial zoning allows most industrial uses. This building is occupied by 1 tenant. The property is grossing $54,000 per year, netting $43,143 per year. A new investor can re-tenant this property after closing to market rates of $16 a foot net. This pro-forma NOI will provide an investor with a strong 8.01% capitalization rate at the full asking price of $899,000. See enclosed recent comparable closed leases. Please remember to not disturb existing business, all showings are by appointment only.
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
