NNN Office/Retail Center
Miramar, FL 33027
Contact: Dinah Ana Darcy
C: 954-336-0084
F: 954-944-1830
Solidinvestments2@gmail.com
 
 
*ProForma
Primary Type:
Retail/Office
Price:
$23,000,000
NOI: $1,687,445
CAP Rate: 7.34%
Occupancy - ProForma: 95%
Occupancy - Actual: 52%
Building Size:
100,429 ± SF
Lot Size: 8.40 ± Acres
Year Built:
2007
Net Lease Investment:
Yes
Date Last Verified:
9/3/2008
If you are interested in this property, feel free to contact the Solid Investments Group!
Via E-Mail
Dinah Ana Darcy


Property:
 Monarch Gardens
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Via Phone:
Dinah Ana Darcy

Solid Investments
954-492-9431


Property Description:
Great potential upside with the lease up of office space. Brand new, Class A 100,429 ± SF mixed use building that is part of a new community surrounded by major national tenants. Property is 48% Retail and 52% Office. Shadow anchored by a new Publix shopping center! Very strong demographics and traffic count exceeds 40,000 VPD! Great mix of national and local tenants all on long term NNN leases! Next to the Miramar Town Center.

Location:
Traffic count exceeds 40,000 VPD! Next to the Miramar Town Center & The Shoppes at Pembroke Gardens

**For more information on this property, please click the link that applies below
and complete the confidentiality agreement.**

 

Financial Summary  

*ProForma

Gross Scheduled Income:   $1,776,258
   Plus Recapture - NNN   $494,000
Effective Gross Income:   $2,270,258
   Less Vacancy - 5%   $88,813
   Less Expenses:   $494,000
NOI:   $1,687,445
CAP:   7.34%
 
  • A+ Location! Next to Publix Center
  • Tremendous Upside with Lease Up of Office
  • Brand New Construction!
  • Great Upside Potential
  • Class A Office/Retail Building
  • Long Term NNN Leases with Bumps!
 
   
Additional Photos
 
 
   
 
 
 
 
 
 
 
 
 
 
 
   

The information above has been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial, and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.

The properties shown on this website may or may not be exclusively listed by the Solid Investments Group of Realty Associates Florida Properties.
All information shown on
www.solidinvestmentsfl.com is believed to be accurate, but is not warranted.

 
Realty Associates Florida Properties
3087 E. Commercial Blvd. Ft. Lauderdale, FL 33308