USD 1,200,000
1511 Hammondville Rd
Pompano Beach, Florida 33069
Property Description
Covered land Retail Strip. Can be purchased individually or as a portfolio sale. Located on Hammondville Road between the busy Andrews Ave & Powerline Road. Blocks away from I-95 & East Atlantic Blvd & Florida Turnpike. This property features 1 retail buildings (total 3,772 Sf) sitting on 19,224 sf of land.
This investment opportunity features 4 Tenants 100% occupied (Barbershop, Church, Limousine Rental, and Clothing Store) all on month to month leases. Below current market lease rates with strong potential to increase rates/income for the future. The current NOI is approximately $48,000. Property can be delivered vacant at closing.
Allowable Uses include; Warehouse, Manufacturing, Wholesale, Healthcare, Motor-vehicle Sales, Boat & Marine Sales and Service.
Listed by APEX Capital Realty LLC
Property Details
- ID #
- A11258192
- Status
- Sale
- Type
- Commercial, Industrial
- Zip Code
- 33069
- Year Built
- 1956
- Lease Term
- Month To Month Lease
- Occupancy
- Call Listing Agent
- Type of Building
- Shopping Center
- Utilities
- Internet
- Zoning Information
- B4- Heavy Business
