0 ConfidentialHallandale Beach, FL 33009

Property Details for 0 Confidential

Property type

Office properties

Property subtype

Medical offices

Description

This exceptional medical office building in Hallandale Beach, Florida, presents a lucrative investment opportunity. Priced at $450,000, the property boasts a strong cash flow (details upon request) and significant value in its existing tenant base and lease agreements. The building includes $150,000 in furniture, fixtures, and equipment (FF&E) and $50,000 in inventory. The property features multiple income streams from various lease arrangements. One location holds a 10-year lease, expiring August 31, 2025, at $8,200 per month NNN, with a 10% increase in year six. Additionally, there are two sub-leases: one at $3,300 per month, expiring March 2025, with a five-year renewal option and a 3% annual increase

Location Insight

City

Hallandale Beach

County

Broward

State

Florida

Latitude

25.9823

Longitude

-80.1484

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