2320 SW 56th Ter
WEST PARK, FL 33023
#A11160714
Description
Industrial warehouse located in desirable West park, Florida consisting of 2,364 square feet of leasable space sitting on a 5,391 square feet lot. This building has a small office of 100 square feet, 2 drive in rollup doors and 11' ceilings. Desirable M2 heavy manufacturing zoning which allows for most industrial uses including automotive.
This property is currently 100% leased. The current tenant is paying $2,500 for the warehouse and additional $1,200 for the lot. Gross annual income is $44,400, net is over $36,985 a year. This income provides an investor with a strong 5.1% capitalization rate. The tenant has a new 2 year lease.
Seller Financing available
Construction Details
Type & Style
- Property type:Purchase
Condition
- Year built:1963
Community and Neighborhood Details
Location
- County:Broward County
Other
Source
- MLS #:A11160714
Location
Legal
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Last Updated: . Source: MAOR
Listing Courtesy
Listing Agent: John DeMarco (#3134747)
Listing Office: RE/MAX 5 Star Realty (#DBRG01)
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