590 SW 9th Ter

    Pompano Beach, FL 33069
    • $3,200,000
    • STATUS: Active
    • ON SITE: 980 days
    • MLS #: A10030447
    UPDATED: 24 min ago
    $3,200,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 14,500
      SQFT
    • $221
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1987
    County:
    Area:

    School Ratings & Info

    Description

    Pompano Multi-tenant commercial distribution property of retail, office and warehouse tenants. All leases are currently gross leases. Potential to grow a 4.6% CAP to a 6% CAP over time by converting all leases to NNN-leases. Now is the time as many roll over Dec 2017 and June 2018 with the balance over time. Inquire with agent Brian Carter for the strategy and details and to request an offering package. Single story multi-bay 11 units leased as 6 units commercial income property with high visibility to I-95 N/S blocks south of Atlantic Blvd abutting & just west of I-95. Bays range as leased from 1,200 to 6,000 SF. 15,000 SF +/- of improvements on just under 40,000 SF +/- of Land.

    Monthly Payment Calculator



    Copyright 2018, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. The data relating to real estate for sale on this web site comes in part from the participating Associations/MLS’s in the Southeast Florida Regional Multiple Listing Service cooperative agreement, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. The information being provided is 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. Information is deemed reliable but not guaranteed. Copyright 2018, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. Use of search facilities of data on the site, other than a consumer looking to purchase real estate, is prohibited. Data last updated 2018-10-16T18:41:02.783.
    www.welovesouthflorida.com/homes/59608415

    590 SW 9th Ter Pompano Beach, FL 33069

    • Price: $3,200,000
    • Status: Active
    • Updated: 24 min ago
    • MLS #: A10030447
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    14,500
    SQFT
    $221
    $/SQFT
    1987
    Built
    Neighborhood:
    3432
    County:
    Broward
    Area:
    3432
    Property Description
    Pompano Multi-tenant commercial distribution property of retail, office and warehouse tenants. All leases are currently gross leases. Potential to grow a 4.6% CAP to a 6% CAP over time by converting all leases to NNN-leases. Now is the time as many roll over Dec 2017 and June 2018 with the balance over time. Inquire with agent Brian Carter for the strategy and details and to request an offering package. Single story multi-bay 11 units leased as 6 units commercial income property with high visibility to I-95 N/S blocks south of Atlantic Blvd abutting & just west of I-95. Bays range as leased from 1,200 to 6,000 SF. 15,000 SF +/- of improvements on just under 40,000 SF +/- of Land.
    Exterior Features

    Construction Type Concrete Block ConstructionPre-Cast Concrete Construction Num Parking Spaces 0 Parking Description Common Parking Road Type Description Two Lane Roof Description Built-Up RoofConcrete Roof

    Interior Features

    Cooling Description Central Individual A/C Floor Description Carpeted FloorsVinyl Floors Heating Description Central Individual A/C Interior Ceiling Height 17.0000

    Property Features

    Approximate Lot Size 0 Electric Service Over 200 Amps220 Volts Power3 Phase Electric Fire Protection No Fire Protection Information Available Other Available Information Location Of Property Commercial ParkCorner UnitCorner LotIndustrial Park Num Bays 11 Num Tenants 6 Property Description Multi Tenant Retail Building Reo YN No Sale Includes Building & Land Section 2 Security Information Security Lighting Sewer Description Public Sanitation Short Sale Yn No Style Of Property Commercial Retail Subdivision Complex Bldg Multi-Tenant Tax Amount 21300 Tax Year 2015 Terms Considered All Cash Typeof Property Industrial Water Description Public Water

    Listing courtesy of Douglas Elliman.


    Copyright 2018, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. The data relating to real estate for sale on this web site comes in part from the participating Associations/MLS’s in the Southeast Florida Regional Multiple Listing Service cooperative agreement, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. The information being provided is 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. Information is deemed reliable but not guaranteed. Copyright 2018, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. Use of search facilities of data on the site, other than a consumer looking to purchase real estate, is prohibited. Data last updated 2018-10-16T18:41:02.783.
     
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