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- LoopNet Team
5676 Funston St
Hollywood, FL 33023
Industrial Property For Sale
PROPERTY FACTS
AMENITIES
- 24 Hour Access
- Front Loading
- Storage Space
- Common Parts WC Facilities
- Fluorescent Lighting
UTILITIES
- Lighting
- Water
- Sewer
ABOUT 5676 FUNSTON ST , HOLLYWOOD, FL 33023
This property consists of 3,430 square feet of leasable space well situated on a large lot. Property is zoned IM2 which permits most heavy industrial uses. TwinT concrete roof. All automotive uses allowed. Clean phase I environmental report on file. The property can work for an owner-user who can occupy the property. This property can also work for an investor. When the vacant bays are leased at the current leasing rate of $13 p/sf NNN, this property will net $44,590 per year which will provide an investor with an above-market capitalization rate of 8.49%. Seller financing is available with 30% down. Excellent location for your business and to invest in the booming industrial real estate market. Please remember to not disturb existing tenant, all showings are by appointment only, call for additional information.
PROPERTY TAXES
| Parcel Number | 51-41-24-10-1900 | Improvements Assessment | $733,500 |
| Land Assessment | $52,450 | Total Assessment | $785,950 |
PROPERTY TAXES
