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FORT LAUDERDALE - MIAMI: 954-604-9999

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2320 SW 56th TerWest Park, Florida FL33023-4019

Listing IDA11160714

0.124 Acres

$856,000

Industrial warehouse located in desirable West park, Florida consisting of 2,364 square feet of leasable space sitting on a 5,391 square feet lot. This building has a small office of 100 square feet, 2 drive ­in roll­up doors and 11' ceilings. Desirable M­2 heavy manufacturing zoning which allows for most industrial uses including automotive. This property is currently 100% leased. The current tenant is paying $2,500 for the warehouse and additional $1,200 for the lot. Gross annual income is $44,400, net is over $36,985 a year. This income provides an investor with a strong 5.1% capitalization rate. The tenant has a new 2 year lease. Seller Financing available
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