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
