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3000 N University Drive # 3h, Coral Springs FL 33065

Coral Springs, FL 33065

$550,000

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Price
$550,000
Building size
1,294
Property type
Retail
Year built
1978
Lot size (sq ft)
101,753
MLS number
F10530833

This listing is courtesy of Box Real Estate LLC, 954-526-3900.

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About this property

Rare, turnkey opportunity to own a beautifully designed, fully equipped hair salon in the heart of Coral Springs. Currently leased for 5 years with 2 additional 5 year options. Rental Rate at $5,200/m 3% Annual Increases Association dues approximately $950/m Property Taxes at sale price approximately $529/m Total NOI year 1 ~$44,000 First year Cap Rate ~8% This spacious salon features 9 styling stations, along with 2 professional hair washing sinks providing the capacity to support a high-revenue operation or multiple stylists. The layout also includes two private treatment rooms, perfect for esthetics, massage, facials, or nail services. Great Location in Down Town Coral Springs near Modera's new twin apartment buildings and City Hall.

Details

Property type
Retail
Year built
1978
Lot size (sq ft)
101,753

Location

Listing information is deemed reliable but is not guaranteed accurate by MIAMI REALTORS®.

Newmar Brokerage, LLC

3000 N University Drive # 3h, Coral Springs FL 33065 | Newmar Brokerage, LLC