THE AGENCY
Listed by THE AGENCY
$3,500,000
Dixie Plaza
Details
Property Type Industrial, Retail
Sub Type Shopping Center
Square Footage 16,285
Net Rentable (SqFt) 16,285
Units 16
Cap Rate 5.2%
NOI $182,000
Occupancy 100%
Tenancy Multi
Brand/Tenant Multi
Lease Type Gross
Remaining Term 2
Rent Bumps Yes
Pro-Forma Cap Rate 7.14%
Pro-Forma NOI $250,000
Price per SqFt $215
Class B
Year Built 1971
Buildings 1
Lot Size (SqFt) 29,000
Zoning B3
Parking Spaces 32 spaces
Parking Per SqFt 1.96
Investment Type Stabilized
Ownership llc
Multi Tenant 100% Occupied Building In Hot Oakland Park
Marketing description
The property features approximately 16,285 square feet of improvements situated on a 29,840 square foot parcel and is fully leased to a diversified tenant roster. The asset delivers reliable in-place income with embedded mark-to-market potential, supported by near-term lease expirations in 2026–2027. B-3 zoning provides additional long-term flexibility and optionality for future ownership.
Investment highlights
40 year certification
Multi Tenant
Long-term tenants
Short-term leases
Listing Contacts
THE AGENCY
Listed by THE AGENCY
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$182,000.00
$15,166.67/mo
Valuation Metrics
0
DSCR
5.2%
Cap Rate
5.2%
ROI
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