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Single-Tenant Vacant-User

Net Lease Plantation Auto Dealership

747 N State Rd 7, Plantation, FL 33317

Listing Price: $5,900,000

Cap Rate
7.12%
Tenant Name
Ride 4 U
Years Remaining On Lease
0.5
Guarantor
Private Guarantee
Rentable SF
9,170
Lease Type
Absolute Net
Rent Per Square Feet
$45.80

Investment Overview

Marcus & Millichap is proud to present Ride4U, an auto dealership located at 747 N State Road 7, Plantation FL. The lot size is 1.7 acres and can accommodate approximately 250 cars between the showroom and service department. The building is about 9,000 square feet which includes the showroom and back office. Ride4U will sign a NNN lease at the close of escrow for five-years at an annual rent of $420,000 with three percent annual increases. The property is located just 1.2 miles away from Florida’s Turnpike, which has an average daily vehicle traffic count of over 130,300 and just 0.4 miles away from W Sunrise Boulevard, which has traffic counts of over 53,500. The property sits on approximately 250 feet of frontage with N State Road 7, with has traffic counts of over 42,500. The subject property is within a 15-minute drive to the Fort Lauderdale-Hollywood International Airport.

Investment Highlights

  • Property sits on major auto dealership corridor
  • Fully functioning auto dealership with auto repair services
  • Excellent location within minutes to major highways and FLL-Hollywood International Airport
  • Zoning permits multiple uses

Exclusively Listed By

Financing By

Single-Tenant Vacant-User

Net Lease Plantation Auto Dealership

Listing Price: $5,900,000

Cap Rate
7.12%
Tenant Name
Ride 4 U
Years Remaining On Lease
0.5
Guarantor
Private Guarantee
Rentable SF
9,170
Lease Type
Absolute Net
Rent Per Square Feet
$45.80

Investment Highlights

  • Property sits on major auto dealership corridor
  • Fully functioning auto dealership with auto repair services
  • Excellent location within minutes to major highways and FLL-Hollywood International Airport
  • Zoning permits multiple uses

Investment Overview

Marcus & Millichap is proud to present Ride4U, an auto dealership located at 747 N State Road 7, Plantation FL. The lot size is 1.7 acres and can accommodate approximately 250 cars between the showroom and service department. The building is about 9,000 square feet which includes the showroom and back office. Ride4U will sign a NNN lease at the close of escrow for five-years at an annual rent of $420,000 with three percent annual increases. The property is located just 1.2 miles away from Florida’s Turnpike, which has an average daily vehicle traffic count of over 130,300 and just 0.4 miles away from W Sunrise Boulevard, which has traffic counts of over 53,500. The property sits on approximately 250 feet of frontage with N State Road 7, with has traffic counts of over 42,500. The subject property is within a 15-minute drive to the Fort Lauderdale-Hollywood International Airport.

Exclusively Listed By

Financing By

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