43,544 SF User or Investment Property

West Elevation

West Elevation

 

 

N elevation rotated 270

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Price: $2,300,000
Address: 2680 Gateway Drive
City: Pompano Beach
State: Florida
ZIP: 33069
Lease Rate:
CAM:
Price Per Sq Ft: $52.82
Building Sq Footage: 43,544
Smallest Divisible: 11,500
Largest Divisible: 43,000
Land Size: 1.7 acres

Additional Features:

2680 Gateway Drive, Pompano Beach

8.8% CAP Rate with upside

3 tenants

100% leased – 28,000 sf is on short term leases

currently divided into  3 bays – 15,200 sf, 16,375 sf and 11,580 sf

11,580 sf expires end of November 2014 allowing new owner to renew leases or occupy space

15,200 sf is expires Dec 31, 2014 – has option to renew for 1 year with 3% increase

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