6400 & 6402 Pembroke Rd, Miramar FL 33023,Miramar,Broward County,Commercial Sale

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Commercial Sale Active

6400 & 6402 Pembroke Rd, Miramar FL 33023

$1,199,000

Overview

Property ID: A11749645

Retail
Property Type

1956
Year Built

Description

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.