$1,280,000
$1,380,000
7.2%For more information regarding the value of a property, please contact us for a free consultation.
5,979 Sqft Lot
SOLD DATE : 09/01/2022
Key Details
Sold Price $1,280,000
Property Type Commercial
Sub Type Retail
Listing Status Sold
Purchase Type For Sale
MLS Listing ID F10315287
Sold Date 09/01/22
Construction Status Resale
Total Fin. Sqft 17878
Year Built 2008
Annual Tax Amount $22,300
Tax Year 2020
Lot Size 5,979 Sqft
Property Sub-Type Retail
Property Description
The plaza was built in 2008 with 5,880 leasable SF with 3 potential Tenants (currently 2 tenants; fully lease) on a large lot with ample parking. The plaza has a prime location with 82 feet street front east/west visibility on Pembroke Road that maintains a very high traffic count exceeding 46,000 cars per day. Located next to a Home Depot, this property is centrally located only 1.4 miles to Turnpike and 2.1 miles to I-95. Laundromat occupies 3780 SF; the lease began 1/1/2021. There are 2.5% annual rent increases and two 5-year option remaining. They are billed $1732 monthly for passthroughs. Billboard has 4 years remaining on their gross lease. J&S Early Learning Academy lease began 3/5/2020 and expires 4/4/2025 with one 5-year option.
+++++Download Offer Memorandum from MLS
Location
State FL
County Broward County
Area Hollywood Central (3070-3100)
Zoning B-2
Building
Story 1.0000
Sewer Other Sewer
Water Public Water
Construction Status Resale
Others
Ownership Corporation
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