USD 1,675,000

360 NE 44th St
Oakland Park, Florida 33334

Beds
Baths 0

Property Description

Great investment Located in Opportunity Zone & Revitalization Area. MAJOR Incentives from City, State & IRS worth THOUSANDS of $. Price is for 2 Parcels. Warehouse, storefront, offices & fences yard. Propane business has been running out of this location for a many years. The tenant is owned by a major corp. & has a 10 year lease at $10,000/month plus 2% annual increase. Renewable for additional 10 years. The tenant responsible for all repairs. Landlord pays property tax & insurance for building. Tenant generates thousands in walk up business daily. Great location. Oakland Park is being revitalized. New commuter train. City is business friendly. Property located in Redevelopment Area. $ for $ Match for improvements. Many new businesses coming into the area. See Attachments & watch Video

Listed by Keller Williams Legacy

Property Details

ID #
A11101368
Status
Sale
Type
Commercial, Industrial
Zip Code
33334
Year Built
1974
Parking Spaces
10
Building Feature
Air Conditioning, Security system, Smoke alarms
Ground Feature
Fenced, Gated community
Water Source
City/mains water
Septic
City sewer
Construction
Concrete Block Construction
Floor
Tile Floors, Wood Floors
Lease Term
7-10 Year Lease
Location
Out Parcel
Occupancy
Tenant Occupied
Road Type
Divided
Type of Building
Store/Warehouse Combination
Utilities
Internet
Miscellaneous
Automobile Traffic, Outside Storage, Private Restrooms, Rear Access, Separate Office Area, Separate Warehouse Area, Showroom

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