Commercial/Industrial,Automotive,Warehouse Space - Fort Lauderdale, FL
The property consists of 3 concurrent parcels total 19,365 sf, sitting on a large 37,125 sf lot. It is currently used as an automotive repair and collusion business. This property is fully licensed, all paint booths are also licensed and up to code. Perfect for an owner user that wants to rent out the balance of the property and offset their costs. an investor could lease this entire building out for $10 p/sf, which would allow them to net $193,680 per year, providing a very strong 12.92% cap rate.
Would you like more information regarding this property?
Please call (954) 361-0000.
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