Price: $4,500,000
Location: Oakland Park, Commercial Blvd
Industry: Furniture Stores
Listing ID: 42734666
Listing Status: New
This two-story, freestanding commercial property consists of 9,619 sqft of useable space and situated on a corner 10,161 sqft lot, has 18' ceilings.
The property is located in Oakland Park between Federal Highway and North Dixie Highway.
Great location in East Fort Lauderdale. Has private parking. Very visible property on Commercial Blvd has over 50,000 vehicles a day.
Currently used as a furniture retail/wholesale store, it has over $100K in monthly revenue. Perfect opportunity for an investor or owner-user.
Only 20% down! For qualified buyers, 80% seller financing is available with 6% interest only for 4 years! $300K inventory included in the sale.
7% Cap rate NNN tenant is ready to sign a 3+3 year lease with the new owner at closing.
Down Payment: $900,000
Total Sales: N/A
Cash Flow: N/A
EBIT: N/A
EBITDA: N/A
Accounts Receivable: N/A
FFE: N/A
FFE Included: Yes
Inventory: $300,000
Inventory Included: Yes
Non-Owner Payroll: N/A
Real Estate: N/A
Real Estate Included: Yes
Monthly Rent: N/A
Square Footage: 9616
Reason For Sale: Relocation
Training & Support: 2 weeks at no cost