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117 NW 9th Terrace, Hallandale Beach, FL
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117 NW 9th Terrace
Hallandale Beach, FL 33009-3912 - Southeast Broward Ind Submarket
.5 AC (21,780 SF)
For Sale Price:
Free Surface spaces are available; Ratio of .92/1,000 SF
9/99: The building sold to an undisclosed buyer for $600,000. The seller, Southern Elevator, was represented by Rauch, Weaver, Millsaps, & Co.
* Minutes from I-95
The subject property consists of 14,373 square feet of useable space, sitting on a large 26,013 square foot lot. The building is currently occupied by a single occupant, who can vacate the property or can remain after closing based on buyers use.
The property has six street level roll up doors, large built out offices, a receptionist and waiting area, three bathrooms, a large conference/training room, and kitchen. Build-out works perfect for most business'. Warehouse is fully air conditioned and has 16' ceilings. The warehouse is in excellent condition. Twin T roof and CBS construction make this building very secure.
looking to occupy the space or investor looking to lease the building out. This building can be leased for $11 a square foot, which after expenses will provide an investor a Net Operating Income of $158,103 per year, yielding a 7.77% pro-forma capitalization rate.
Please remember to not disturb the existing occupant, call listing broker for all showings and additional information.
CLICK HERE TO CONTACT THE SALES BROKER
FOR SALE CONTACTS
Re/Max 5 Star Realty
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