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Key Details
Sold Price $2,300,000
Property Type Commercial
Sub Type Commercial
Listing Status Sold
Purchase Type For Sale
MLS Listing ID F10323459
Year Built 1986
Annual Tax Amount $21,862
Tax Year 2021
Property Sub-Type Commercial
Property Description
Fully leased medical office building for sale. Tenants' space is 6,777 +/- SF between 2 tenants. Major tenant is long term with 2 1/2 years remaining on lease with option to renew. smaller tenant has 5 year lease with 2 options to renew. 1st floor is patient parking (12 spaces + HC) and 7 physician spaces. Metered parking against building, staff/open parking along access road. NOI approximately $140,300 with in-place tenants. Tenants pay proportionate share of increases in real estate taxes, insurances, and operating expenses over base year in their lease. Ideal investment property. No showings without an agreed upon contract as there are on-going medical practices in the building.
Location
State FL
County Broward County
Area Ft Ldale Ne (3240-3270;3350-3380;3440-3450;3700)
Interior
Heating Central Individual A/C
Cooling Central Individual A/C
Flooring Ceramic Floor, Other Floors, Vinyl Floors
Exterior
Water Access N
Building
Story 2.0000
Sewer Public Sanitation
Water Public Water
Others
Acceptable Financing Cash, Conventional/Refinance, Exchange
Listing Terms Cash, Conventional/Refinance, Exchange
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Bought with Engel & Voelkers Fort Lauderdale
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