1941 N Dixie Hwy Active

Pompano Beach,FL 33060

$ 2000000

- Bed

0 Bath

7470 SqFt


Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

Square Footage 7,470 sqft

Price per Sqft $267

MLS Listing ID A11577074

HOA Y/N No

Year Built 1973

Annual Tax Amount $23,666

Lot Size 0.529 Acres

Property Sub-Type Retail

Property Description

Back on the market due to the buyer being unable to secure financing. Recently remodeled retail plaza located just blocks from the new Pompano Beach. 100% occupied with long term tenants and leases in place. The center is located just blocks from the new Old Town Square and Old Town Backyard. North Dixie Hwy has become a recent hot spot of new development of residential and commercial properties.

The tenants are currently paying 17.50/sq ft and 7.50/sq ft CAM with annual 3% increases. 3 of the leases are expiring on 03/31/2025 allowing the opportunity to increase the rents. 50-year inspection recently completed.

Location

State FL

County Broward

Area 3423

Exterior

Roof Type Built-Up,Concrete

Private Pool Yes

Building

Story 1

Level or Stories One

Structure Type Block

Others

Tax ID 484226070540

Acceptable Financing Cash

Listing Terms Cash

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