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Key Details
Sold Price $2,750,000
Property Type Commercial
Sub Type Retail
Listing Status Sold
Purchase Type For Sale
Square Footage 9,305 sqft
Price per Sqft $295
MLS Listing ID A11625019
Sold Date 11/25/24
HOA Y/N No
Year Built 2015
Annual Tax Amount $47,602
Contingent Pending Inspections
Lot Size 1.447 Acres
Property Description
Introducing the opportunity to secure a 1.5-acre hard corner, single tenant net lease (STNL) investment property with future development rights for +/- 100 units by-right in the evolving Pompano Beach area.
Currently a Family Dollar location with long-term lease, the building was constructed in 2014 as a build-to-suit and offers an investor a hassle-free place to park capital that will be a safe bet for the future as the land value appreciates beyond the income-production on the site.
Location
State FL
County Broward
Area 3250
Others
Tax ID 484235070042
Financing Cash
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Bought with Compass Florida, LLC