state rd 7 (441) retail plaza€¦ · property type : retail property sub-type : auto dealership...

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State Rd 7 (441) Retail Plaza 3200 S State Road 7, Miramar, FL 33023 Manny Chamizo ONE Sotheby’s 1430 S Dixie Hwy,Coral Gables, FL 33146 [email protected] (786) 453-3171

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Page 1: State Rd 7 (441) Retail Plaza€¦ · Property Type : Retail Property Sub-type : Auto Dealership Building Class : C Sale Type : Investment Cap Rate : 6.00% Lot Size : 0.52 AC Gross

State Rd 7 (441) Retail Plaza3200 S State Road 7, Miramar, FL 33023

Manny ChamizoONE Sotheby’s1430 S Dixie Hwy,Coral Gables, FL [email protected](786) 453-3171

Page 2: State Rd 7 (441) Retail Plaza€¦ · Property Type : Retail Property Sub-type : Auto Dealership Building Class : C Sale Type : Investment Cap Rate : 6.00% Lot Size : 0.52 AC Gross

Price: $2,490,000

Property Type: Retail

Property Sub-type: Auto Dealership

Building Class: C

Sale Type: Investment

Cap Rate: 6.00%

Lot Size: 0.52 AC

Gross Leasable Area: 2,906 SF

Sale Conditions: [object Object]

No. Stories: 1

Year Built: 1965

Tenancy: Multiple

Parking Ratio: 0/1,000 SF

Zoning Description: B-2

APN / Parcel ID: 51-41-25-12-0260

State Rd 7 (441) Retail Plaza$2,490,000

ONE Sotheby's International Realty commercial divisionis pleased to present a unique investment opportunityfor an Owner User or long term investor. This highlydesirable location offers an investor a solid return of 6%with very little Landlord responsibilities. This cornerproperty currently has 2 long term tenants. 1) AutoDirect of South Broward an automobile sales businesswith a grandfathered Used Car Sales license which arerare and not offered any longer in Miami or Broward. 2)Tints Stereo & Alarm Depot is an automobileaccessories store which installs window tints, stereos,and alarms and has been at this same location for over12 years. This property has just been newly renovated,with new offices, fenced, sealed asphalt top coating,and new central a/c. This prime retail property may alsobe redeveloped for other retail uses and is located onbusy State Road 7 corridor also known as Broward's441 with easy access to Florida Turnpike Palmetto 826,and I-95.The Property is located in the heart of the Miramar AutoMall District. The property is on West side of StateRoad 7, just North of Hallandale Beach Blvd./ MiramarParkway. One of the highest traffic counts in Browardwith over 44,000 vehicles daily.

DRONE VIDEO LINK: https://youtu.be/5Ct_docM3Lw

ONE Sotheby's International Realty commercial divisionis pleased to present a unique investment opportunityfor an Owner User or long term investor. This highlydesirable location offers an investor a solid return of 6%with very little Landlord responsibilities. This cornerproperty currently has 2 long term tenants. 1) AutoDirect of South Broward an automobile sales businesswith a grandfathered Used Car Sales license which arerare and not offered any longer in Miami or Broward. 2)Tints Stereo & Alarm Depot is an automobileaccessories store which installs window tints, stereos,and alarms and has been at this same location for over12 years. This property has just been newly renovated,with new offices, fenced, sealed asphalt top coating,and new central a/c. This prime retail property may alsobe redeveloped for other retail uses and is located onbusy State Road 7 corridor also known as Broward's441 with easy access to Florida Turnpike Palmetto 826,and I-95.The Property is located in the heart of the Miramar AutoMall District. The property is on West side of StateRoad 7, just North of Hallandale Beach Blvd./ MiramarParkway. One of the highest traffic counts in Browardwith over 44,000 vehicles daily.

DRONE VIDEO LINK: https://youtu.be/5Ct_docM3Lw

Grand fathered USED CARS SALES License

Corner Lot on 441 (State Road 7)..Highly visible.

••

Page 3: State Rd 7 (441) Retail Plaza€¦ · Property Type : Retail Property Sub-type : Auto Dealership Building Class : C Sale Type : Investment Cap Rate : 6.00% Lot Size : 0.52 AC Gross

Major Tenant Information

Tenant SF Occupied Lease Expired

Auto Direct Of South Broward 663

Tints Alarms Stereo 2,256

Page 4: State Rd 7 (441) Retail Plaza€¦ · Property Type : Retail Property Sub-type : Auto Dealership Building Class : C Sale Type : Investment Cap Rate : 6.00% Lot Size : 0.52 AC Gross

3200 S State Road 7, Miramar, FL 33023

ONE Sotheby's International Realty commercial division is pleased to present a unique investment opportunityfor an Owner User or long term investor. This highly desirable location offers an investor a solid return of 6%with very little Landlord responsibilities. This corner property currently has 2 long term tenants. 1) Auto Directof South Broward an automobile sales business with a grandfathered Used Car Sales license which are rareand not offered any longer in Miami or Broward. 2) Tints Stereo & Alarm Depot is an automobile accessoriesstore which installs window tints, stereos, and alarms and has been at this same location for over 12 years.This property has just been newly renovated, with new offices, fenced, sealed asphalt top coating, and newcentral a/c. This prime retail property may also be redeveloped for other retail uses and is located on busyState Road 7 corridor also known as Broward's 441 with easy access to Florida Turnpike Palmetto 826, and I-95.The Property is located in the heart of the Miramar Auto Mall District. The property is on West side of StateRoad 7, just North of Hallandale Beach Blvd./ Miramar Parkway. One of the highest traffic counts in Browardwith over 44,000 vehicles daily.

DRONE VIDEO LINK: https://youtu.be/5Ct_docM3Lw

Page 5: State Rd 7 (441) Retail Plaza€¦ · Property Type : Retail Property Sub-type : Auto Dealership Building Class : C Sale Type : Investment Cap Rate : 6.00% Lot Size : 0.52 AC Gross

Property Photos

DEALER OFFICE

DEALER 2ND OFFICE

Page 6: State Rd 7 (441) Retail Plaza€¦ · Property Type : Retail Property Sub-type : Auto Dealership Building Class : C Sale Type : Investment Cap Rate : 6.00% Lot Size : 0.52 AC Gross

Property Photos

DEALER 2ND OFFICE

TINT OFFICE

Page 7: State Rd 7 (441) Retail Plaza€¦ · Property Type : Retail Property Sub-type : Auto Dealership Building Class : C Sale Type : Investment Cap Rate : 6.00% Lot Size : 0.52 AC Gross

Property Photos

STEREO OFFICE

TINTS WAREHOUSE

Page 8: State Rd 7 (441) Retail Plaza€¦ · Property Type : Retail Property Sub-type : Auto Dealership Building Class : C Sale Type : Investment Cap Rate : 6.00% Lot Size : 0.52 AC Gross

Property Photos

TINTS WAREHOUSE

TINTS WAREHOUSE

Page 9: State Rd 7 (441) Retail Plaza€¦ · Property Type : Retail Property Sub-type : Auto Dealership Building Class : C Sale Type : Investment Cap Rate : 6.00% Lot Size : 0.52 AC Gross

Property Photos

MANNY CHAMIZO BANNER