Listed by CMV Realty LLC
$4,000,000
Well Positioned Retail Shopping Plaza
Details
APN 4941 32 10 0020
Property Type Retail
Sub Type Shopping Center
Square Footage 13,622
Cap Rate 8.20%
Occupancy 98%
Tenancy Multi
Lease Type Gross
Remaining Term 1
Rent Bumps Yes
Broker Co-Op Yes
Class B
Year Built 1981
Stories 1
Parking Spaces 45 per unit
Investment Type Value Add
Tenant Credit No Credit Rating
Ground Lease No
High Traffic Area with High Visibility & Access to Major Roadways
Marketing description
Located in the heart of Plantation, Florida, this retail shopping plaza offers a rare opportunity for savvy investors to acquire a well-positioned property with significant upside potential. The plaza is strategically situated in a high-traffic area, surrounded by a diverse and growing community with excellent visibility and easy access to major roadways.
Investment highlights
- Tremendous Upside for a seasoned landlord.
- All leases are under market and are charged as Gross rents.
- More than half the tenants are M-T-M.
- Plenty of parking for customers, patients and employees.
- In the Heart of Plantation.
- Rear of property is on a canal for a peaceful environment.
- 45 parking spaces
Listing Contacts
Listed by CMV Realty LLC
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