Value-add retail strip center located in the heart of Oakland Park's rapidly growing NE 38th Street corridor. 5,562 SF building with 6 tenants including a restaurant, laundromat, retail stores, and tax office. Current rents are significantly below market, offering approximately $44,000/year in upside potential. Recent capital improvements totaling $191,000 include a full roof replacement, new electrical, and new plumbing. Two units are month-to-month providing immediate flexibility for a new own...Value-add retail strip center located in the heart of Oakland Park's rapidly growing NE 38th Street corridor. 5,562 SF building with 6 tenants including a restaurant, laundromat, retail stores, and tax office. Current rents are significantly below market, offering approximately $44,000/year in upside potential. Recent capital improvements totaling $191,000 include a full roof replacement, new electrical, and new plumbing. Two units are month-to-month providing immediate flexibility for a new owner. Property sits within Oakland Park's Downtown Redevelopment Area-one of Broward County's most active urban growth corridors. All measurements approximate; buyer to verify.
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Agency Name: Canvas Real Estate
Agent Name: Jesahias Nathan Rodriguez
Agency Phone: 954-332-7121
Presented by
Agent Name: Jeff Hallas
Agent Phone: 561.568.9226
Agency Title: Illustrated Properties
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312-322 NE 38th Street, Oakland Park, FL 00000.
Email 312-322 NE 38th Street, Oakland Park, FL 00000
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