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3472 NE 5th Ave
Oakland Park, FL, 33334

$3,090,000 | Commercialmercial | Bed - 0 Bath | Like this property?
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A10612637


The total leasable square footage is 21,385 feet sitting on a large 34,852 square feet lot.The entire property was recently vacated and presents an excellent opportunity for an owner user, or investor.The subject property can be easily leased to multiple tenants after closing creating an excellent investment opportunity. There are 10 total bays. Included in this offering are recent lease comparables confirming the average leasing rates average $14 a square foot net. When leased and stabilized this property will net $296,136 per year yielding a strong 9.58% capitalization rate. Property is zoned I1 light industrial. This property is being offered at only $144 a sf which is well below recent sales. OAKLAND PARK SECOND ADD 1-39 B LOT 1 LESS W 4.08 M/L FOR CO RD, 2,3,28,29,30 LESS W 3.65 M/L FOR CO RD BLK 77

Status: A
Area: FTNE
Year Built: 1961
Taxes: $30,103.00


Listing Courtesy of: RE/MAX 5 Star Realty - MLS ID: A10612637

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3472 NE 5th Ave, Oakland Park, FL, 33334

3472 NE 5th Ave, Oakland Park, FL, 33334

3472 NE 5th Ave, Oakland Park, FL, 33334

3472 NE 5th Ave, Oakland Park, FL, 33334

3472 NE 5th Ave, Oakland Park, FL, 33334

3472 NE 5th Ave, Oakland Park, FL, 33334

3472 NE 5th Ave, Oakland Park, FL, 33334

3472 NE 5th Ave, Oakland Park, FL, 33334

3472 NE 5th Ave, Oakland Park, FL, 33334

3472 NE 5th Ave, Oakland Park, FL, 33334

3472 NE 5th Ave, Oakland Park, FL, 33334

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