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2589 S Park Ln
Pembroke Park, FL, 33009

$715,000 | Commercialmercial | Bed - 0 Bath | Like this property?
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A10701770


The subject property consists of 5,000 SF of leasable space well situated on a 7,690 Sf lot. The building has a +/- 1000 SF office space, 2 drive-in roll-up street-level doors, and 16' ceilings. Property is located in close proximity to I-95. Liberal M-1 zoning permits most industrial uses. Perfect for an owner-user looking to relocate his business to one of the most rapidly growing markets in South Florida. This property can make a great investment as well. An investor can easily lease this property for a $14 a square foot. This rent will produce $55,750 per year in net income providing an over market capitalization rate of 7.8% on a pro- forma basis.Seller financing is available with 30% down payment at 7.5% annual interest rate, subject to buyer's qualifications. 29-51-42 S 50 OF N 325 OF W1/2 OF NW1/4 OF NE1/4 OF NE1/4 LESS W 181 DESC IN OR 3589/195 AKA:LOT 18,PEMBROKE PARK INDUSTRIAL CENTER (UNR

Status: A
Area: HWCE
Year Built: 1968
Taxes: $8,989.00


Listing Courtesy of: RE/MAX 5 Star Realty - MLS ID: A10701770

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2589 S Park Ln, Pembroke Park, FL, 33009

2589 S Park Ln, Pembroke Park, FL, 33009

2589 S Park Ln, Pembroke Park, FL, 33009

2589 S Park Ln, Pembroke Park, FL, 33009

2589 S Park Ln, Pembroke Park, FL, 33009

2589 S Park Ln, Pembroke Park, FL, 33009

2589 S Park Ln, Pembroke Park, FL, 33009

2589 S Park Ln, Pembroke Park, FL, 33009

2589 S Park Ln, Pembroke Park, FL, 33009

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