Strip Centers, Shopping Malls, Commercial Real Estate In Florida
We specialize in strip centers for sale in Florida. We have several strip centers, shopping malls, and commercial properties available throughout Florida.
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A10482498
Commercial
19,040 SQ FTBuilt in 1968
Midland Plaza is a 8,800 square foot retail strip center located at 201 & 203 SW 27th Avenue in Fort Lauderdale Florida. The Property is located directly across from the newly-built Riverbend Marketplace, a 310,000 square foot Walmart anchored retail center. This 100% leased strip center has 7 long term tenants in place. The sale represents a unique opportunity to realize an excellent current cap rate of 7.83% and will allow the buyer to capture significant upside by renovating the exterior and increasing rents. Parking lot repaved and restriped this month!
ESSENTIAL INFORMATION
MLS® #A10482498
Price$1,300,000
Bathrooms0.00
Square Footage19,040
Acres0.44
Price/SqFt$68 USD
Year Built1968
TypeCommercial
Sub-TypeRetail
StatusActive
Sign Up Here To Receive A Full List Of Our Current Strip Centers Real Estate Inventory!
(Properties shown on website are only a brief summary of the real estate actually available)