Overview

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  • Status: Closed
  • Parking No info
  • Size: No info
  • Price Per: $606.00 ft2/No info m2
  • Type: Commercial/Investment
  • Built: 2001
  • HOA: No info
  • MLS Number: RX-10885671
  • View No info
  • On Site: 393 days
  • Updated: 341 Days Ago
  • Page Views: 1

Freestanding commercial building situated on the northwest corner of Dixie Hwy and Hillsboro Blvd. Built in 2001, this property contains a 2620 sq. ft building with excellent visibility to heavy traffic on Hillsboro Blvd. Close to I-95 and downtown Deerfield Bch. Located in the B1 Zoning district. The tenant has operated at the premises for many years and the lease is NNN. Lease expires 12/31/2025 with one 5-year option to renew. Cap rate is approx. 5.4% at asking price. Base rent is currently $7,182.81 (plus est. expenses) and increases 4% per year during the current term. Base rent for the entire option term would be $8,496.76. Seller prefers due diligence period of 15 days and closing 15-21 days after due diligence period.

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Price History

DateEventPriceChange RatePrice Per
06/20/2023Sold$1,500,000.006.3%$568.18 ft2/$6,115.86 m2
04/29/2023Listed$1,600,000.00$606.06 ft2/$6,523.58 m2

Features

Property Details for 1 W Hillsboro, Deerfield Beach, FL 33441

Commercial/Investment current status is Closed, 1 W Hillsboro is a Commercial/Investment in , Deerfield Beach, FL 33441 with property MLS ID# RX-10885671. This Commercial/Investment has been listed on Best of Luxury Realty since May 01, 2023 and is currently priced at 1,600,000. This property was built in 2001.
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Area Specialist

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Tracey Schmitt
Tracey Schmitt
Real Estate Advisor
Office: (305) 407-1657
Email: tracey@bestofluxuryrealty.com
Specialties:
Luxury Oceanfront Communities, Waterfront Single Family Homes
Memberships:
Master Brokers, Luxury Real Estate Marketing, Million Dollar Guild
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This property is courtesy of the Preferred Properties Intl.,Inc. This listing has been viewed 1 times. The data relating to real estate for sale/lease on this web site come in part from a cooperative data exchange program of the multiple listing service (MLS) in which this real estate firm (Broker) participates. The properties displayed may not be all of the properties in the MLS's database, or all of the properties listed with Brokers participating in the cooperative data exchange program. Properties listed by Brokers other than this Broker are marked with either the listing Broker's logo or name or the MLS name or a logo provided by the MLS. Detailed information about such properties includes the name of the listing Brokers. Information provided is thought to be reliable but is not guaranteed to be accurate; you are advised to verify facts that are important to you. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. The Florida Association of Realtors and its cooperating MLSs do not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing.

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