Jamie Muckler - Licensed Real Estate Broker
Jamie Muckler - Licensed Real Estate Broker, Muckler PropertiesPhone: (561) 310-7627
Email: [email protected]

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listing
1 of 25
CommercialFor Sale
$2,500,000
5371 10th Ave
Greenacres, FL 33463
Courtesy of Total R E Consultants Inc
MLS: Realtors of the Palm Beaches & Greater Fort Lauderdale
Est. Mortgage
$13,005/mo

? Location: Strategically positioned on a .6568-acre lot with a 7,118 sq ft free-standing building. ?? Traffic: Boasting a substantial traffic count of 19,300, making it an ideal spot for businesses relying on foot traffic. ?? Marketing Potential: Featuring a tall and visible road sign, perfect for live signage marketing. ?? Investment Highlights: Financials: 2023 Taxes: $23,628 Common Electric: $1,983.36 Common Water: $5,100 + $2,794.88 Fire Alarm Monitoring: $1,694.88 Garbage Pickup: $4,745.88 Insurance: $5,551.63 Lease Flexibility: Short leases expiring in 2025 provide landlord flexibility. Below Market Leases: Current leases are at least 30% below market rates, offering significant growth potential. Tenant Contributions: Tenants contributing below allotted CAM, creating additional value for potential investors. ?? Opportunity for Growth: Ideal for an owner-user seeking a location with untapped potential and the opportunity to capitalize on market rates. ?? Lease Expiry: Short-term leases allow for strategic repositioning and adjustment to market trends. ?? Value Proposition: An exceptional investment opportunity with a prime location, high visibility, and potential for increased returns through lease optimization.

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Listing provided courtesy of Total R E Consultants Inc
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