Flagship Car Dealership-601 N. State Road 7

$3,800,000

Overview

Price
$3,800,000
Type
NNN Investment
Sold
No
Contract
Sale
Status
For Sale
Location
Plantation

Description

Address:

601 N. State Road 7
Plantation, FL 33317

 

Building Size:  ±8,771 SF

RJ Realty, as the exclusive marketing agent, is pleased to present the opportunity to purchase LMP Corporate and Flagship dealership for sale on a triple net basis. The property is located in one of the main auto districts of Broward County, Florida. This is truly a one-of-a-kind property in a one-of-a-kind location.

Highlights

  • 9.27% Cap Triple Net
  • ±54,462 SF Parcel with ±8,771 SF Building
  • Zoned SP12-AM
  • 5 Year NNN Lease Term/2 5-Year Options w/3% Rent Increases
  • Current NOI:  $352,260

 

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Location

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