2220 SW 60th Ter, Miramar FL 33023,Miramar,Broward County,Commercial Sale

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Commercial Sale Active

2220 SW 60th Ter, Miramar FL 33023

$1,600,000

Overview

Property ID: A11900859

Industrial
Property Type

1967
Year Built

Description

This freestanding industrial warehouse in prime Miramar offers excellent accessibility to major routes including SR-441, the Turnpike, I-95, and I-75. The property features a large fenced lot with ample outdoor storage, secure parking, and flexible space suitable for a variety of industrial or automotive uses permitted by the City of Miramar. Currently 100% occupied under full-service gross leases, Unit A (±2,950 SF + outdoor lot) is used for satellite equipment repairs and future food-related projects, while Unit B (±1,350 SF) supports equipment storage and material distribution. The property generates a gross income of $108,864 and nets $82,036 annually, offering investors a 5.12% capitalization rate.