Commercial property in Oakland Park, Florida № 1331906

Property description

Excellent investment opportunity located in Oakland Park featuring both industrial and retail spaces in a high traffic area (AADT=45,000). Property has 7 retail bays in the front building facing Oakland Park Blvd and 5 warehouse spaces in the rear building. They alleyway in between the two buildings is included in the sale. Property is currently 92% occupied. There are no leases on the property providing buyer flexibility. Tenant rental rates are below market value which allows for potential to increase rates in the future.