Are you searching for a prime investment opportunity in the vibrant city of Lauderhill, Florida? Look no further! This exceptional retail multi-tenant building is a dream investment for both Owner-Users and Investors.
For Sale
Property Details
Purchase Price: $ 2,657,200
Annual Operating Income: $183,200
Annual Operating Expenses: $48,960
CAP Rate Proj.: 5.1%
Total Building Size: 8,176 SF
Property Type: Retail
Lot Size: 65,381 SF
Description
Documents
Highlights
- Prime Location
- Diverse Tenant Mix
- Income Potential
- Well-Maintained
- Ample Parking
- Proximity to Amenities
- High Growth Potential: The Fort Lauderdale City Commission has approved a plan for the creation of a $164 million film studio on a 61-acre plot at 1400 NW 31st Avenue.
- Ease of Management
Demographics
| 2 mile | 5 mile | 10 mile | |
| 2023 Population | 84,924 | 430,002 | 1,241,882 |
| 2023 Households | 29,358 | 173,146 | 503,745 |
| Average Household Income | $52,610 | $77,958 | $84,703 |
Property Address
Property Address
Address: 1451 NW 31st Ave
City: Lauderhill
State/County: Florida
Zip: 33311
Country: United States
Open In Google MapsAdditional Information
Floor Plans
Floor Plan
Aerial Shot
Floor Plan
Aerial Shot
The Martinez Team is a group of aggressive, knowledgeable, and experienced KW Commercial real estate professionals led by Gus Martinez. Gus Martinez is a veteran of commercial real estate with over 20 years of leasing and investment sales experience.
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