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Strip Center 11,000+ SF in Davie

Overview

Property ID: 22537

Description

Green Tree Commercial is pleased to present strip center 11,000+ square feet located in the thriving city of Davie, FL.

With long term tenants, and a strategic location, this property represents the opportunity to  acquire  a  stabilized  asset  which  has  been  well maintained. Property is currently 100% occupied, with their tenants thriving at this location. The property was built in 1985, and is situated on a 43,500+ square feet lot which provides ample parking for tenants and customers alike. The tenants benefit from the 237 feet of frontage on where there is  a  traffic  count  of  20,500  vehicles  per  day,  according  to  the  Florida  Department  of Transportation.  The roof  has  been  well  maintained  with  a  silicone  sealer  having  been  applied  in  the past year, and the air conditioning systems being less than 10 years old. Property currently has rents below market  which  the  savvy  investor  can  increase  as  the  leases  are  due  for  renewal,  and represents  the  golden  opportunity  to  acquire  a  turn  key  asset  in  a  market  that  has  experienced historical growth over the years. ID#22537

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