OFFICE/FLEX SPACE/WAREHOUSE
FORT LAUDERDALE, FL
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Location Highlights:
Cap Rate: 7%
Average NOI for Lease Term: $515,000 per year.
NNN Lease
Tenant: Worldwide Corporation ranked top 10 in Fortune 500
Moody's Credit Rating "AAA"
Lease term ends 12/31/2020
Location: Ft. Lauderdale FL
Purchase Price: $7,500,000
Concrete Building, 80,000 Square Feet
Great Location
This investment is one of kind, excellent tenant, no landlord responsibilities, full recourse. Located in desirable Ft. Lauderdale Florida, very close to major interstates an other main roads. Minutes from International Airport. Tenant is paying below market rents which insures better returns once lease term is over.
Property Type: Sale
Property Use : Commercial Warehouse
Class: B
Zoning: 41/LIGHT MANUFACTURING
Descrip: Light Manufacturing/Office/Warehouse
Land: 3.79 ACRES
Building Size: 79,412
Year Built: 1986
Number of Stories: 2Executive Summary
Executive Summary
The Offering:
Asking Price: $7,500,000
Per SF Price: $94.00
Location Highlights:
Cap Rate: 7%
Average NOI for Lease Term: $515,000 per year.
NNN Lease
Tenant: Worldwide Corporation ranked top 10 in Fortune 500
Moody's Credit Rating "AAA"
Lease term ends 12/31/2020
Location: Ft. Lauderdale FL
Purchase Price: $7,500,000
Concrete Building, 80,000 Square Feet
Great Location
This investment is one of kind, excellent tenant, no landlord responsibilities, full recourse. Located in desirable Ft. Lauderdale Florida, very close to major interstates an other main roads. Minutes from International Airport. Tenant is paying below market rents which insures better returns once lease term is over.
Property Type: Sale
Property Use : Commercial Warehouse
Class: B
Zoning: 41/LIGHT MANUFACTURING
Descrip: Light Manufacturing/Office/Warehouse
Land: 3.79 ACRES
Building Size: 79,412
Year Built: 1986
Number of Stories: 2
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