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4200-4248 NW 12th St
Lauderhill, FL 33313
Retail Property For Sale
Investment Highlights
- Ideal location across the street from the Lauderhill Mall and the Lauderhill Mall county bus transfer facility where 7 routes converge.
- The property has a very diverse and stable tenant base with long-term tenancies and strong community connections.
- Recent renovations include new roof and upgraded electrical.
- At present all leases include CAM charges and a 3% escalator clause that could be renegotiated at renew.
- Tenants include Donna's Caribbean restaurant and Hammond's Bakery which has a great reputation among Broward county Jamaicans.
- Many local attractions such as the nearby National Cricket League Stadium and the Swap Shop, just 1.5 miles away.
Property Facts
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
10,450 SF
Building Class
C
Year Built
1974
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.33
Lot Size
0.73 AC
Zoning
CG - General Commercial
Parking
44 Spaces (4.51 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Bus Line
About 4200-4248 NW 12TH ST , LAUDERHILL, FL 33313
This is a well established neighborhood shopping center ideally located directly across from the historic Lauderhill Mall and in the heart of an Economic Re-Development Area, near a 100 Acre major park with the National Cricket League Stadium, New Cultural Arts Center, a Library and the newly completed Cricket Club 200 unit townhouse development. Directly across the street is the County's Major Bus Terminal & Central Hub.
Property Taxes
| Parcel Number | 49-41-36-05-2060 | Improvements Assessment | $1,839,370 |
| Land Assessment | $250,500 | Total Assessment | $2,089,870 |
Property Taxes
Parcel Number
49-41-36-05-2060
Land Assessment
$250,500
Improvements Assessment
$1,839,370
Total Assessment
$2,089,870
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