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500 N State Road 7 1,372 SF of Retail Space Available in Plantation, FL 33317
Highlights
- Hard Lighted Cornor in the heart of the Plantation Car district.
- All Licences and permits are available
- See Flyer for addition Information
- Long term tenant is retiring after 17 years.
- Assumeable 6 year lease @ Below Market Rent for a Car Dealership
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 1,372 SF | 5 Years | Upon Request Upon Request Upon Request Upon Request | Triple Net (NNN) |
1st Floor
Assume the existing lease that is below Market rent. The sale of the business and assumption of the current lease. The reaming time is approximately 6 years. The sale price is $795,000 which is made up of $295,000 for the Blue Sky and approximately $500,000 in inventory of vehicles.
- Lease rate does not include utilities, property expenses or building services
- Space is an outparcel at this property
- Central Air Conditioning
- After Hours HVAC Available
- Lighed Hard Corner
- Assume the existing Lease at below market Rent
- Business and Inventory is for sale for $795,000
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
Select Tenants at 500 N State Road 7, Plantation, FL 33317
- Tenant
- Description
- US Locations
- Reach
- Car Net Auto Sales
- Auto Showroom
- 1
- -
| Tenant | Description | US Locations | Reach |
| Car Net Auto Sales | Auto Showroom | 1 | - |
Property Facts
| Total Space Available | 1,372 SF | Gross Leasable Area | 1,372 SF |
| Property Type | Retail | Year Built | 1968 |
| Property Subtype | Auto Repair | Parking Ratio | 10/1,000 SF |
| Total Space Available | 1,372 SF |
| Property Type | Retail |
| Property Subtype | Auto Repair |
| Gross Leasable Area | 1,372 SF |
| Year Built | 1968 |
| Parking Ratio | 10/1,000 SF |
About the Property
Assume the existing lease at below market rent. Up for sale is the business and inventory. Real Estate is NOT Included. The Business and Inventory is for sale at 795,000. 6+ Years remaining on the below Market lease. Business financials available to qualified buyers with signed NDA & CA.
- Bus Line
- Signalized Intersection
Nearby Major Retailers
Presented by
500 N State Road 7
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