4050 NE 5th Ave

    Oakland Park, FL 33334
    • $799,000
    • STATUS: Closed
    • ON SITE: 182 days
    • MLS #: F10117901
    Sold - 09/11/2018
    $799,000
    SOLD - 09/11/2018
    • 0
      BEDS
    • 0.28
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    Built:
    1961
    County:
    Area:

    School Ratings & Info

    Description

    Cash Flow For Sale! Modern, updated warehouse with established long-term tenant. Tenant has been in business many years & does electronics testing and assembly. Tenant is in year 2 of a 3 year lease. Fully air conditioned 6440 SqFt warehouse, with three of the 4 air conditioners replaced in last 5 years. Updated 3-Phase electric, 40 year inspection completed, impact windows, new exterior LED lighting. Current rent yields a 6.9% Cap Rate. Building floor plan + Financing Proposal attached.

    Monthly Payment Calculator



    Listing information © 2018 Greater Fort Lauderdale REALTORS®, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IDX data is deemed reliable but is not guaranteed accurate by the MLS or Green Realty Properties. Data last updated: 2018-10-17T00:18:19.613.
    www.welovesouthflorida.com/homes/82677944

    4050 NE 5th Ave Oakland Park, FL 33334

    • Price: $799,900
    • Status: Closed
    • MLS #: F10117901
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.28
    Acres
    1961
    Built
    Neighborhood:
    3450
    County:
    Broward
    Area:
    3450
    Property Description
    Cash Flow For Sale! Modern, updated warehouse with established long-term tenant. Tenant has been in business many years & does electronics testing and assembly. Tenant is in year 2 of a 3 year lease. Fully air conditioned 6440 SqFt warehouse, with three of the 4 air conditioners replaced in last 5 years. Updated 3-Phase electric, 40 year inspection completed, impact windows, new exterior LED lighting. Current rent yields a 6.9% Cap Rate. Building floor plan + Financing Proposal attached.
    Exterior Features

    Approximate Lot Size 12500 Construction Type Cbs Construction Improvement Height 1 Story Location Of Property City Location Parking Description Common Parking Parking Spaces 12 Road Type Description Two Lane Roof Description Composition Roll Style Of Property Industrial Type Of Property Income Waterfront Property YN No

    Interior Features

    Cooling Description Central Individual A/C Floor Description Concrete Floors

    Property Features

    Electric Service 3 Phase Electric Environmental Audit None Geographic Area Ft Ldale Ne (3240-3270;3350-3380;3440-3450;3700) Information Available DrawingsCopy Of Lease(S)Photos Lease Term Info 1 To 3 Year Lease Occupancy Information Tenant Occupied Ownership Corporation Possession Information Subject To Lease REO No Sewer Description Public Sanitation Short Sale No Tax Amount 10871 Tax Year 2017 Terms Considered CashConventional/Refinance Type Of Building IndustrialWarehouse Space Unit Count 0 Water Description Public Water Year Built Description Resale Zoning Information I-1

    This listing is courtesy of Broward Realty Partners.


    Listing information © 2018 Greater Fort Lauderdale REALTORS®, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IDX data is deemed reliable but is not guaranteed accurate by the MLS or Green Realty Properties. Data last updated: 2018-10-17T00:18:19.613.
     
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