Property Description
This prime investment property includes both parking lot at 6400 Pembroke Rd and the fully leased building at 6402 Pembroke road located on the SW corner of Prmebroke Rd with exceptional visibility, seeing 33,000 vehicles daily. Ideally located between 441 and Florida’s Turnpike, it offers easy access to major highways. Fully leased with tenants on month-to-month leases (they would like to stay and extend leases), it provides flexibility for immediate cash flow or redevelopment. With strong rental income, future appreciation potential, and a net operating income of $81,840 per year, this is a great opportunity for investors looking for a solid cap rate, developers or end users.
Address Map
FL
Broward County
Miramar
33023
6400 & 6402 Pembroke Rd
0
W81° 47' 4.7''
N25° 59' 42.8''
MLS Addon
4
: All Cash, Conventional/refinance
$960
: Sale
: Free Standing
$16,862
ML
Commercial Sale For Sale
6400 & 6402 Pembroke Rd, Miramar, Florida 33023
14,041 Sqft
$1,275,000
Listing ID #A11749645
Basic Details
Property Type : Commercial Sale
Property SubType : Retail
Listing Type : For Sale
Listing ID : A11749645
Price : $1,275,000
Year Built : 1956
Lot Area : 14,041 Sqft
Building Area : 4,821 Sqft
Status : Active
