320 International Pky - Warehouse FOR SALE


Sunrise, FL 33325
$5,550,000 USD
561-400-7750
320 International Pky, Sunrise, FL for Sale
$5,550,000 USD
Warehouse - FOR SALE
1/18
null | Request Cap Rate

320 International Pky
Sunrise, FL 33325


HIGHLIGHTS

  • 1031 Exchange
  • Lot of Natural Light
  • Impact Windows

OVERVIEW

This Absolute NNN Sale-Leaseback presents a stable investment opportunity with minimal landlord responsibilities. Backed by a strong tenant with over 25 years in business, this property offers a newly signed 5-year lease, ensuring long-term income stability. With an attractive 5.88% cap rate and a net operating income (NOI) of $326,326, investors can expect reliable cash flow from a reputable medical company. Additionally, major capital improvements have been made, further enhancing the property's value. This asset is an ideal choice for a 1031 exchange, making it a compelling investment opportunity.

FOR SALE DETAILS

PRICE

$5,550,000 USD

PRICE/SF

$373 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

1031 Exchange Asset

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

ADD'L SUBTYPES

undefined, R&D, Showroom

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1991

UTILITIES

-

CLEAR CEILING HT

16.416666666666668 Ft

DOCKS

-

DRIVE INS

3

PARKING SPACES

41

LAND DETAILS

LAND ACRES

1.15

LAND SF

50,094

ZONING

I-1

APN/PARCEL ID

49-40-34-03-0011

ASK ABOUT THIS PROPERTY

Chad GottsegenLRM Commercial Real Estate AdvisorsMore Info
561-400-7750

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Chad GottsegenLRM Commercial Real Estate AdvisorsMore Info
561-400-7750

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.