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Property Address

5716 Hallandale Beach Blvd, West Park, FL  33023

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Property Details

Status
Active
Type
Commercial
Year Built
1970
Est. Taxes
$6,734
Property Type
Retail
Zoning
B-2
Garage
Other
Parking
10-car
Days on Market
431 days
MLS#
A10572872

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Robert Reade

Robert Reade
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$539,000

5716 Hallandale Beach Blvd, West Park, FL, Florida 33023. This freestanding retail building consists of 2,624 square feet of leasable space well situated on a large 11,126 square foot lot. The physical building is very well maintained and located on a major artery of Hallandale Beach Blvd. This property is currently vacant and can work for an owner­user or investor. Included in this offering are recent lease comparables confirming the average leasing rates average $22 a square foot net. When leased and stabilized, this property will net $57,728 per year. This income will provide an investor with a strong 11% capitalization rate at a full asking price.
Call for additional information and for all showings.

 
 

Listing courtesy of RE/MAX 5 Star Realty