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19939569
19939568

3698 NW 15th Street, Lauderhill, FL 33311 For Sale

CA
FL Sl 3129891
The Keyes Company Palm Beach Gardens
The Keyes Company (PBG)
Illustrated Properties
Illustrated Properties
Listed by The Keyes Company Palm Beach Gardens, The Keyes Company (PBG), Illustrated Properties
$7,000,000
688 days on market
Updated 35 days ago
Opportunity zone

3698 NW 15th Street

Details
APN 494231240027
Property Type Special Purpose
Sub Type Other
Square Footage 32,360
Units 1
Cap Rate 5.53%
NOI $415,044
Lease Type NNN
Lease Term 5
Year Built 1989
Acreage 2.080
Zoning IL

Special Purpose | 5.53% CAP | 32,360 SqFt

Marketing description

This is a single tenant Triple Net Lease NNN Tenat pays all expenses

Investment highlights

  • Grades served KG- 12
  • Enrollment 2022-23 284
  • Lease Term Sept. 1, 2019-Aug. 31, 2024
  • Options 3-5 years
  • Tenant has exercised Option
  • Rent Type NNN
  • Net Rent 2023/2024 $406,908

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Listing Contacts

CA
FL Sl 3129891
The Keyes Company Palm Beach Gardens
The Keyes Company (PBG)
Illustrated Properties
Illustrated Properties
Listed by The Keyes Company Palm Beach Gardens, The Keyes Company (PBG), Illustrated Properties

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$415,044.00
$34,587.00/mo

Valuation Metrics

0
DSCR
5.93%
Cap Rate
5.93%
ROI

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Additional Information

Name
Chip Armstrong
License
Sl 3129891
Brokerage
The Keyes Company
Brokerage Phone
561-282-5265
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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