2550 S Park Road, Pembroke Park, FL

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2550 S Park Road

Pembroke Park, FL 33009 - Hallandale Submarket

Property Type:Land Parcel Size:2.15 Acres
Zoning:M-1

For Sale Price:$1,850,000 Price/Acre:$860,465 Price/SF:$19.72

Topography:Level

Proposed Use:Industrial

On-Site Improv:Finished lot

Net Leased land. 37 years to go with annual CPI increases. Well established Tenant owns and constructed 51,317 sq.ft. of rental warehouses on the land in 1987-88 and has excellent payment history. Land size is 2.55 acres. Property can be divided into two leases. No buildings included this is a net, net, net land lease.

Sale Notes:
Net Leased land. 37 years to go with annual CPI increases. Well established Tenant owns and constructed 51,317 sq.ft. of rental warehouses on the land in 1987-88 and has excellent payment history. Land size is 2.55 acres. Property can be divided into two leases. No buildings included this is a net, net, net land lease.
3.62 cap rate

CLICK HERE TO CONTACT THE SALES BROKER

FOR SALE CONTACTS

Sara David Realty, Inc.

Bennett L David

(954) 925-7100

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