Investment Highlights
Freestanding Retail/Flex Building
8.04% Proforma CAP Rate
Building Size: 4,362 SF
Perfect for an Investor or Owner-User
Executive Summary
The subject property is a freestanding retail/flex building sitting on two parcels consisting of 4,362 SF of usable space situated on a 12,346 SF lot located close to the Florida Turnpike and State Road 7/441. This property presents a unique investment opportunity that combines ongoing renovations with income potential. The current owner is dedicated to enhancing the property's exterior, making notable improvements such as installing hurricane-resistant windows and doors, a fresh coat of paint, and a remodel of the staircase. The property has a concrete roof; an investor can potentially raise the building by an additional 2 floors. The downstairs unit is presently occupied by four separate tenants and has been thoughtfully configured as church space, offering immediate rental income. Perfect for an owner-user or investor.
