Commercial/Industrial,Retail Space - Fort Lauderdale, FL
This 5481 square foot strip center is located in the prestigious Galt Ocean Mile district of East Ft Lauderdale Beach. A+++ location, walking distance of beach and intracoastal waterway. This property is currently separated into three bays and can also be used concurrently as one space. Once in a lifetime investment opportunity to receive over a 13.00% capitalization rate on a Pro-Forma basis when this property is fully leased. Priced to sell at only $291 a square foot, see enclosed recent comparables sales averaging $360 a square foot. the pro- form rent is calculated conservatively at only $38 a square foot, also enclosed in this package are recent lease comparables at leasing rates of $41.75. foot.
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Please call (954) 361-0000.
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