Portfolio of two strip centers located in Hallandale and Miramar.
Both properties are in excellent locations and are 100% occupied.
410 E. Sample Rd.
Price $2,100,000 Property Use Type Investment
Gross Leasable Area 7,708 SF Cap Rate 9.63%
Price/SF $272.44 Occupancy 100%
Property Type Retail Tenancy Multiple
Property Sub-type Strip Center Lot Size 26,000 SF
Strip Shopping Center Consisting Of 2 Buildings On Busy Sample Rd. - 100% Leased - Triple Net Leases - 5% Annual
Rent Increases - $2,100,000
Sample Rd - East Of 95
Financial Summary (Actual)
Net Operating Income $236,147
This grocery-anchored community center was built in 90's and is located in the West Jacksonville metro area. Over 90% of the current leases are guaranteed by NYSE tenants. Please contact us for the Offering Memorandum
There have been numerous tenant improvements which include, but not limited to: the roof over the anchor supermarket which was replaced in 2009, there was a parking lot overlay performed in 2013 and parking lot lighting increase/upgrade in 2013, as well. Therefore, any major capital expenditures potentially due from a buyer have been substantially minimized.
Gross Leasable Area: 65,000 SF
Property Type: Retail
Property Sub-type: Neighborhood Center
Property Use Type: Investment
Cap Rate: 7.50%
Lot Size: 10 SF
Last Verified: 7/25/2016
Listing ID: 19463012
4014650143 shopping plaza two level 10 stores or offices fully rented parking front and back central air and heat all updated fire alarm graet location mineral spring avenue 1759 mineral spring avenue call for information
Paradise Shopping Plaza is a newly commercial building that has 8 units. We have 6 built out units at 800sq.ft. each.
The mechanicals are separate. We have a newly created 2,000sq.ft. unit that is unfinished. There is over 40,000sq.ft. of parking available.
We have 2 units leased to date. Traffic according to the DOTD is 19,989 on this highway. Call or email for more information.
6-Store Shopping Center for Sale:
One-Story Masonry Building with ample front parking
1 Park Lane, Massapequa, NY
Income: $227,708 / Expenses: $75,149
NOI: $152,559 / Price: $2,750,000