This property is Off-Market

1790 E. COMMERCIAL BOULEVARD
Fort Lauderdale, FL 33334 ·

2,831 SF · Retail For Sale

N/A

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VERIZON NNN FREESTANDING BLDG-21219

Price N/A Cap Rate 6.60%
Building Size 2,831 SF Occupancy 100%
Property Type Retail No. Stories 1
Property Sub-type
Free Standing Bldg
More...
  • Commercial/ Other (land)
  • Office Building
  • Retail (Other)
Tenancy Single
Property Use Type Net Lease Investment with 9 years left on lease Lot Size 18,638 SF
Commission Split 3%
Listing ID: 16758057 Date Created: 07/14/2010 Last Updated: 01/01/2011

Description

The property has an absolute NNN lease which commenced in November 2008 and terminates in 2013. There are two three-year option periods. Annual increases based on CPI, min. 3% , max 6%. The subject property is a 2,831 square foot freestanding, absolute net leased free standing building on 18,638 sq. ft. of land in Fort Lauderdale Florida. The property is located at the intersection of Commercial Blvd. and NE 18th Ave., in a densely populated area and experiences high daily traffic. Seller financing possible with $500,000 down payment.

Property is located on the corner of Commercial and NE 18th Avenue. This property is strategically located on busy Commercial Blvd., East of 1-95. Facing constant traffic flow, the property is located in the center of commercial corridor, featuring CVS, Staples, Boston Market, Flannigan's and many other retailers. The closest Verizon store is 1.5 miles away.

Highlights

  • ABSOLUTE NNN
  • HIGH TRAFFIC AREA
  • GREAT UPSIDE POTENTIAL

Research

1790 E. COMMERCIAL BOULEVARD, Fort Lauderdale, FL 33334 (Broward County)

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