901-903 NE 42nd St
Oakland Park, FL 33334
Flex Property For Sale

Extremely well maintanined warehouse in East Oakland Park Florida (Ft Lauderdale Geographical area). Strategically located directly off of Dixie Highway and Commercial Blvd. Property contains over 4000 square feet of usable space, two street level roll up doors and large built-out office. Tall 16' ceilings, large covered rear work area, and oversized 11,200 sf lot. Excellent choice for your Industrial or Retail business. Perfect for all automotive business'. Current owner is occupying the entire property and retiring. Business, business equipment and onsite containers will be included in sale. Property works very well for an investor; can be leased to two tenants at $15 a square foot providing an investor with a strong 8.0% capitalization rate or $60,000 a year net income on a pro-forma basis. See enclosed recent comparable leasing rates confirming average leasing rates in this area is $15 a foot. Please do not disturb the existing business, all showings are by appointment only. Call listing broker directly for additional information.