310-320 NE 1st Ave, Hallandale Beach, 33009

  • $3,600,000

Listing UP for Sale

Hallandale Beach

310-320 NE 1st Ave, Hallandale Beach, 33009

Hallandale Beach

  • $3,600,000

Overview

Property ID: A11252431
  • Property Type
  • Commercial
  • 13910
  • Lot sqft
  • 1962
  • Year Built

Description

This 9,615 SF flex space building is a perfect blend of office and true industrial, situated on a large 19,540 SF lot. The parking lot across the street is on a long-term lease with the city of Hallandale Beach and provides a tremendous amount of available parking.The property is 100% occupied by 3 tenants and is currently netting $219,307 per year, which will provide an investor with a strong 6.09% capitalization rate at full asking price. All tenants are currently month-to-month. The property can be delivered vacant for an owner-user.

  • Address 310-320 NE 1st Ave
  • City Hallandale Beach
  • State/county Florida
  • Zip/Postal Code 33009
  • Area Broward County
  • Country United States

Details

Updated on March 11, 2024 at 4:00 pm
  • Property ID: A11252431
  • Price: $3,600,000
  • Land Area: 13910 sqft
  • Year Built: 1962
  • Property Type: Commercial
  • Property Status: Listing UP for Sale

Additional details

  • Days On Market: 563
  • Lot Size: 13910

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John DeMarco
  • John DeMarco