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1 Hillsboro, Deerfield Beach, FL 33441

Commercial Recently Sold
$1,500,000

BTC: 22.38805970

ETH: 487.16008405

Sold on: 2023-06-20
4 days
0 room(s)
2,640 sqft
Est. Estimated sales range: $0 - $0
$0

Overview

Freestanding commercial building situated on the northwest corner of Dixie Hwy and Hillsboro Blvd. Built in 2001, this property contains a 2620 sq. ft building with excellent visibility to heavy traffic on Hillsboro Blvd. Close to I-95 and downtown Deerfield Bch. Located in the B1 Zoning district. The tenant has operated at the premises for many years and the lease is NNN. Lease expires 12/31/2025 with one 5-year option to renew. Cap rate is approx. 5.4% at asking price. Base rent is currently $7,182.81 (plus est. expenses) and increases 4% per year during the current term. Base rent for the entire option term would be $8,496.76. Seller prefers due diligence period of 15 days and closing 15-21 days after due diligence period.

Location

Florida • Deerfield Beach • 33441 • Commercial • Recently Sold

Facts and features

Type:
Commercial Sale
Parking:
No Data
Year Built:
2001
Lot:
No Data
Heating:
No Data
Price/sqft:
$606
Cooling:
No Data
HOA:
No Data
All facts and features

  • Other Property Information

    • Parcel Number: 484306050310

    • Zoning: B-1

  • Type and style

    • Property Type: Commercial Sale

    • Property Sub Type: Commercial Sale

  • Other financial information

    • Annual tax amount: $10,615

  • Source details

    • MLS ID: RX-10885671

    Other facts

    • Direction Faces: North side of Hillsboro Blvd just west of Dixie Hwy.

    • Garage: Yes

    • Living Area: 2640

    • Subdivision Name: CLOPTON ADD TO DEERFIELD

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The multiple listing information is provided by the Beaches MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2024-present Beaches MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Preferred Properties Intl.,Inc