6400 & 6402 Pembroke Rd Miramar, FL 33023

Building Details

Year Built

1956

Listing Agency FIP Realty Services, LLC p***@gmail.com Show Phone

Listed by Jarrod Gaylis · License #3473249 Show Phone

Source Exitrealty

Added: Feb 22, 2025 Checked: Jul 17 at 3:24 am

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Investment Insights

Based on property information with market context.

This investment property features a parking lot at 6400 Pembroke Rd and a fully leased building at 6402 Pembroke Road. Situated on the southwest corner of Pembroke Road, the property benefits from high visibility, with a daily traffic count of 33,000 vehicles. Its location between 441 and Florida’s Turnpike provides convenient access to major highways. The property is fully leased with tenants on month-to-month leases, who are open to extending their leases. This offers flexibility for immediate cash flow or redevelopment. The property generates a net operating income of $81,840 per year. This property is suitable for investors seeking a solid cap rate, developers, or end users.

Key Highlights

• High visibility location on Pembroke Rd with 33,000 vehicles daily.
• Net operating income of $81,840 per year.
• Fully leased property providing immediate cash flow.

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FAQs

What type of property is this?

Parking lot & garage - Parking lot and fully leased building with high visibility.

Where is this parking lot & garage located?

The property is located at 6400 & 6402 Pembroke Rd Miramar, FL.

What is the asking price?

The asking price for this property is $1,199,000.

What are key features of this property?

This property features: High visibility location on Pembroke Rd with 33,000 vehicles daily.; Net operating income of $81,840 per year.; Fully leased property providing immediate cash flow.