Categories
Retail
About this property
This 100% occupied multi-tenant retail building offers an investor stable long-term cash flow with the potential for future rental rate increases to market. The property is being offered as an estate sale for disposition after almost 30 years of ownership. The building has been well maintained by ownership with a new roof about 5 years ago. The property fronts on busy Atlantic Blvd yielding great exposure and visibility. Prior owner did not keep rental rates up to market and we believe upside can be realized in future income. This easily maintained, well located asset represents an excellent value for a savvy investor. For more information visit the property web site at http://sale.svn.com/94224
Property details
- Property Type
- Improved property
- Building Type
- Freestanding
- Building Size
- 8,118 sqft
- Land Size
- 0.35 acres
- Sewer
- Yes
- Water
- Yes
- Zoning
- B-1
- Electric
- Yes
- Year Built
- 1974
- Roof
- Yes
- Parking
- 24 Spaces
- Lease Type
- 625000
- Construction
- Yes
Location
- Address
-
1632 E. Atlantic Boulevard
Pompano Beach, Florida 33060