Commercial Building over 25,872 sq ft on 37,458

Fort Lauderdale, FL
Broward County


Asking Price: Annual Revenue:
$7,000,000 $481,464

Commercial Real Estate: For Lease Commercial Properties


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RE: Commercial Building over 25,872 sq ft on 37,458 Broker: John Devries

Quick Facts

Asking Price: $7,000,000
Annual Revenue: $481,464
Net Profit: $310,464
Cash Flow: $310,464
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: $7,000,000
Year Established: 1972
Employees: Not Disclosed
BBN Listing #: 9204630
Broker Reference #: 7301657240

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Business Overview:

Located in the heart of Fort Lauderdale Florida, this highly desirable Commercial Building is over 25,872 square feet on a 37,458 sq ft property, all concrete block, several offices, showrooms, loading docks and ample parking, they currently have 3 long term tenants in the Tile, Granite and Cabinet Industry. Available Rents of $10.00 per sq ft with triple net leases, across from a waterway the riparian rights, this facility would also be great for a marine related business. Reasonably priced at $7mm at $270.56 per square feet with a 4% Cap Rate, Don’t Miss This Opportunity! Please refer to listing 7301657240, Business Broker John Devries when you inquire about this listing.

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Property Features and Assets:

Lease/Month: $27,000; Square Footage: 27,000; Building Type: Commercial; Terms & Options: Negotiable; Expiration Date: 11/1/2026.

Reason for Selling:

Retiring

Additional Details:

  • The property is owned.
  • The owner is not willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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