Basic Information
- MLS # A10771939
- Type Industrial
- Status Closed
- Year Built 1966
- Total Sqft 6,860
- Date Listed 11/12/2019
- Days on Market 52
This property consists of 6,860 square feet of leasable space well situated on a large 10,488 square foot lot. Property is zoned IM2 which permits most heavy industrial uses. TwinT concrete roof. All automotive uses allowed. Clean phase I environmental report on file. There is currently 1 tenant on a triple net lease who pays full CAM. The current gross annual income is 25,200. This property can also work for an investor. When the vacant bays are leased at the current leasing rate of 13 psf NNN, this property will net 83,020 annually which will provide an investor with the abovemarket capitalization rate of 8.3.
Amenities
Exterior Features
- Waterfront No
- Parking Spaces 0
- Pool No
- Parking Description
- Style Industrial
Interior Features
- Adjusted Sqft 6,860Sq.Ft
- Sqft 6,860 Sq.Ft
Property Features
- Address 5706 Funston St
- Aprox. Lot Size 6,860
- Furnished Info no
- Subdivision Complex
- Subdivision Info
- Tax Amount $6,026
- Tax Legal desc WEST HOLLYWOOD TRAILER CITY 25-35 B LOT 39 BLK 6
- Tax Year 0
- Type of Property Industrial
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Hollywood, FL 33023Similar Properties For Sale
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The multiple listing information is provided by the Miami Association of Realtors® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2023-present Miami Association of Realtors®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: REMAX 5 Star Realty. tel: 954-361-0000
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