About 6400 & 6402 Pembroke Road
This prime investment property includes both parking lot at 6400 Pembroke Rd and the fully leased building at 6402 Pembroke road located on the SW corner of Prmebroke Rd with exceptional visibility, seeing 33,000 vehicles daily. Ideally located between 441 and Florida’s Turnpike, it offers easy access to major highways. Fully leased with tenants on month-to-month leases (they would like to stay and extend leases), it provides flexibility for immediate cash flow or redevelopment. With strong rental income, future appreciation potential, and a net operating income of $81,840 per year, this is a great opportunity for investors looking for a solid cap rate, developers or end users.
Features of 6400 & 6402 Pembroke Road
| MLS® # | A11749645 |
|---|---|
| Price | $1,199,000 |
| Acres | 0.32 |
| Year Built | 1956 |
| Type | Commercial |
| Sub-Type | Retail |
| Status | Pending |
Community Information
| Address | 6400 & 6402 Pembroke Road |
|---|---|
| Area | 3190 |
| City | Miramar |
| County | Broward |
| State | FL |
| Zip Code | 33023 |
| HOPA | No Hopa |
Additional Information
| Zoning | ML |
|---|---|
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Perfect Properties of Florida Real Estate |
|---|