Listed by RE/MAX 5 Star Realty
$1,900,000
2401 S State Rd 7, West Park, FL 33023
Details
Property Type Mixed Use
Sub Type Used & New Car Dealership
Cap Rate 7.6%
NOI $144,411
Occupancy 100%
Tenancy Single
Lease Type Modified
Lease Term 3.1
Lease Expiration 05/01/2029
Remaining Term 2.8
Rent Bumps Yes
Lot Size (SqFt) 17,774
Zoning TOC
Parking Spaces 50 spaces
Lease Commencement 04/01/2026
Used & New Car Dealership – Investment or Owner-User Opportunity 🚗
Marketing description
Used and New Car Dealership. Tenant-occupied lease expires on May 1, 2028. The property features a Net Operating Income (NOI) of $144,441, a Cap Rate of 6.88%, and 100% occupancy — ideal for an investor or owner-user. The property features an 18,000 sq. ft. lot with a 360 sq. ft. office. Room for 50+ vehicles with excellent in/out circulation. Prime street frontage with high-traffic exposure on State Road 7, just minutes from I-95, Florida’s Turnpike, and the Hollywood–Pembroke Pines corridor. Approved New and Used auto sales.
Investment highlights
The tenant-occupied lease expires on May 1, 2028, and the tenant is willing to extend it.
Listing Contacts
Listed by RE/MAX 5 Star Realty
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$144,411.00
$12,034.25/mo
Valuation Metrics
0
DSCR
7.6%
Cap Rate
7.6%
ROI
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