5
See all 5 photos
$1,295,000
Est. payment /mo
7,500 Sqft Lot
Active
4700 N Federal Hwy Fort Lauderdale, FL 33308
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UPDATED:
09/18/2024 01:22 PM
Key Details
Property Type Commercial
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID F10460539
HOA Y/N No
Total Fin. Sqft 7500
Year Built 1963
Annual Tax Amount $14,625
Tax Year 2023
Lot Size 7,500 Sqft
Property Description
This property features approximately 75' of Federal Highway frontage with B-1 zoning directly across the street from Holy Cross Hospital and is surrounded by office and professional buildings. There is a long term, triple net lease in place with a national franchisee, Jersey Mike's. There is approximately 6.5 years left with two five-year renewal options on the lease, the lease is not voidable. THIS SALE IS LAND AND BUILDING ONLY, the business is NOT for sale. Please do not disturb the tenant, feel free to go in and order a sandwich or a drink if you would like to view the interior. Building is appx. 1320 sf with one bathroom and 13 parking spaces. Seller may consider financing with at least 40% down. Current rent is $3277 through 4/2025, 2% annual bumps.
Location
State FL
County Broward County
Area Ft Ldale Ne (3240-3270;3350-3380;3440-3450;3700)
Zoning B-1
Exterior
Water Access N
Private Pool No
Building
Foundation Concrete Block Construction
Others
Pets Allowed No
Acceptable Financing Cash, Conventional/Refinance
Listing Terms Cash, Conventional/Refinance
Listed by Dettman Realty Group LLC
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Panagiotis Peter Sarantidis
Licensed Real Estate Sales Professional | License ID: 3332095