Property Description
This 9,615 SF flex space building is a perfect blend of office and true industrial, situated on a large 19,540 SF lot. The parking lot across the street is on a long-term lease with the city of Hallandale Beach and provides a tremendous amount of available parking.The property is 100% occupied by 3 tenants and is currently netting $219,307 per year, which will provide an investor with a strong 6.09% capitalization rate at full asking price. All tenants are currently month-to-month. The property can be delivered vacant for an owner-user.
Address Map
FL
Broward County
Hallandale Beach
33009
310-320 NE 1st Ave
W81° 51' 7.9''
N25° 59' 23.6''
MLS Addon
310-320 NE 1st Ave, Hallandale Beach, Florida 33009
$3,600,000
13,910 size sq.ft.
Listing ID #A11252431
Basic Details
Property Type Commercial Sale
Listing Type For Sale
Listing ID A11252431
Price $3,600,000
Year Built 1962
Days on Market 563
Building Area 9,615 Sqft
Status Active
Property SubType Flex Space
Lot Area 13,910 Sqft
List Date 2022-10-01
On Market Date 05/08/2022

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