3698 15Th St Lauderhill, FL 33311
- Parking lots & garages
- 3.00 lot acres
Current Use by Public Records
- Parking lots & garages
Property Details for 3698 15Th St
- Year built
- 1987
- Lot size
- 3.00 lot acres
- Zone code
- IL
- Property type
- Parking lots & garages
- APN
- 49-42-31-24-0033
- APU
- 494231240033
Description
This exceptional investment opportunity presents a 2.08-acre commercial parcel located at 3698 NW 15th Street, Lauderhill, Florida. Priced at $7,500,000, this property is currently under a single-tenant Triple Net Lease (NNN) agreement. The NNN structure means the tenant is responsible for all operating expenses, including property taxes, insurance, and maintenance, minimizing the owner's ongoing responsibilities and maximizing passive income potential. The substantial land area offers significant development possibilities for future expansion or redevelopment, subject to local zoning regulations. This property is ideally situated in Lauderhill, Florida, providing easy access to major transportation routes and a thriving local economy. The existing lease provides a stable income stream, making this an attractive option for investors seeking a low-maintenance, high-return investment in a desirable location. Detailed financial information and lease terms are available upon request. This is a rare opportunity to acquire a significant commercial property in a growing market. The property's size and location make it a compelling investment for both short-term and long-term growth. Serious inquiries only. Due diligence is recommended. All information provided is deemed reliable but not guaranteed and should be independently verified.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Lauderhill
- County
- Broward
- State
- Florida
- Longitude
- -80.1971
- Latitude
- 26.1445
- CBSA code
- 33100
- CBSA name
- MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA
