3775 124th Ave ,Flex Space for Sale

3775 124th Ave for Sale

Price $6,950,000.00

• Lot size 70721
• Year Build 2002
• Waterfront
• Zip 33065
• Style
• Parking Description
• Pool Yes
• Status Active

Description

Great industrial / flex building 100% occupied with legacy tenants. Free standing building sitting on a large 2?acre lot. Huge upside potential. Once stabilized this property will provide a 7.2% capitalization rate at a full asking price.

GREATER CORAL SPRINGS RESEARCH & DEVELOPMENT PARK ADD 66-50 B LOT 2 LESS E 10 FOR CANAL R/W BLK C

Great industrial / flex building 100% occupied with legacy tenants. Free standing building sitting on a large 2?acre lot. Huge upside potential. Once stabilized this property will provide a 7.2% capitalization rate at a full asking price.

City:Coral Springs,List A O R:A-Miami Association of REALTORS,Stories:1,Latitude:26.2768713,List Price:6950000,Listing Id:A11242933,Longitude:-80.2905352,Mls Status:Active,Year Built:2002,Postal Code:33065,Street Name:124th Ave,Coordinates:1:26.2768713,Photos Count:19,Business Type:1:Warehouse Space,Days On Market:212,Lot Size Acres:2,Lot Size Units:Square Feet,On Market Date:2022-07-18,Parcel Number:484118020270,Property Type:Commercial Sale,Stories Total:1,Street Number:3775,Public Remarks:Great industrial / flex building 100% occupied with legacy tenants. Free standing building sitting on a large 2?acre lot. Huge upside potential. Once stabilized this property will provide a 7.2% capitalization rate at a full asking price.,County Or Parish:Broward County,Expiration Date:2023-06-28,List Office Name:RE/MAX 5 Star Realty,Standard Status:Active,Living Area Units:Square Feet,Major Change Type:New,Postal Code Plus4:2447,Property Sub Type:Flex Space,State Or Province:FL,Street Dir Prefix:NW,Tax Annual Amount:35560,Unparsed Address:3775 NW 124th Ave, Coral Springs FL 33065,Listing Agreement:Exclusive Right To Sell,Building Area Total:21500,Building Area Units:Square Feet,Lot Size Square Feet:70721,M I A M I R E_ For Sale Y N:1,Number Of Buildings:1,Original List Price:6950000,Public Survey Range:48,I D X Participation Y N:1,Syndication Remarks:Great industrial / flex building 100% occupied with legacy tenants. Free standing building sitting on a large 2?acre lot. Huge upside potential. Once stabilized this property will provide a 7.2% capitalization rate at a full asking price.,Listing Contract Date:2022-07-18,Originating System I D:miamire,Public Survey Section:18,Street Number Numeric:3775,Tax Legal Description:GREATER CORAL SPRINGS RESEARCH & DEVELOPMENT PARK ADD 66-50 B LOT 2 LESS E 10 FOR CANAL R/W BLK C,Public Survey Township:48,Originating System Name:Miami Association of REALTORS?,Sub Agency Compensation:2%,Contract Status Change Date:2022-07-18,Internet Address Display Y N:1,Transaction Broker Compensation:2%,Internet Entire Listing Display Y N:1,Transaction Broker Compensation Type:%,