3432 Red RdMiramar, FL 33025

Property Details for 3432 Red Rd

Property size (Sq ft)

1,200 SF

Property type

Retail properties

Property subtype

Other retail properties

Description

This exceptional 1,200 square foot storefront, located at 3432 Red Road in Miramar, Florida (33025), presents a unique investment opportunity. Currently vacant, this property is ideally suited for a hair salon or similar retail business, boasting a fully equipped interior ready for immediate operation. The asking price is $40,000, offering a negotiable sales price for motivated buyers. The property is a single-tenant retail space, categorized as a storefront, and operates under a NNN lease with 1.5 years remaining on the current term. Monthly rent is $5,000, inclusive of taxes and CAM charges. The property enjoys a prime location in Miramar, benefiting from high foot traffic. Prospective buyers should be prepared to demonstrate good credit, as a security deposit is required by the shopping center. This turnkey operation minimizes setup time and maximizes return on investment. The property's 1.5% cap rate reflects the current market conditions and the potential for strong rental income. This is an excellent opportunity for an investor seeking a low-risk, high-reward venture in a thriving Florida market. Serious inquiries only.

Location Insight

City

Miramar

County

Broward

State

Florida

Latitude

25.9773

Longitude

-80.2958

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].