1601 Nw 38th Avenue, Lauderhill, FL 33311

$5,200,000

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List Price
$5,200,000
MLS#
F10364573
Status
ACTIVE
Type
Commercial

Property Description

Freestanding 24,850 SqFt Industrial building .The property is situated on a total of 1.6 Acre with immediate income as the property is 100% leased with diverse tenants (9 bays ) long term tenants some over 10 years .opportunity for a new owner to raise rents to market value (currently rents are below market value) making this investment prime for increased ROI . Building clear ceiling 14' .The property, value-add, industrial flex warehouse located in Lauderhill "industrial park " , on a strategic corner across from UPS ,this property is in an outstanding location for industrial uses and can be a strategic asset to own. Freestanding 24,850 SqFt Industrial building .The property is situated on a total of 1.6 Acre with immediate income as the property is 100% leased with diverse tenants (9 bays ) long term tenants some over 10 years .opportunity for a new owner to raise rents to market value (currently rents are below market value) making this investment prime for increased ROI . Building clear ceiling 14' .The property, value-add, industrial flex warehouse located in Lauderhill "industrial park " , on a strategic corner across from UPS ,this property is in an outstanding location for industrial uses and can be a strategic asset to own.

Additional Information

Days on Market
1304
Tax Amount
$48,648
Water Access
Land Only, Business; Building And Land
Parcel Number
494231240021
Lot Size
61,655
Directions
USE GPS
Address
1601 Nw 38th Avenue, Lauderhill
Year Built
1977
Section
31

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Calculator source: Real Geeks

Listing Courtesy of Cohen Realty Group, Contact: