3230 SE 6th Ave, Ft. Lauderdale, FL 33316

INVESTMENT HIGHLIGHTS
Absolute NNN Lease
 Lease, 5+ years
Annual escalators, 3% or CPI whichever is greater

EXECUTIVE SUMMARY
Market Realty is pleased to present this one of a kind investment. The property offers 18,229 square feet of land complemented by a 1,680 square foot building, all zoned B-3. It is ideally suited for both new and used car sales and service. Notably, this location is the closest off-airport rental car facility, providing a strategic advantage in terms of accessibility and convenience. The site accommodates parking for approximately 100 cars, making it well-suited for high-volume operations. Positioned just minutes from Port Everglades (Cruise Port), Fort Lauderdale Hollywood International Airport, and Downtown, this property is perfectly located for businesses looking to capitalize on proximity to major transportation hubs and central business districts.
This property is offered with an absolute NNN lease, ensuring that the tenant is responsible for all expenses associated with the property, including taxes, insurance, and maintenance. The lease term is set for 5 years, providing stability and a predictable revenue stream. Additionally, the lease includes annual escalators of either 3% or the Consumer Price Index (CPI), whichever is greater, to accommodate for inflation and ensure the property's income keeps pace with market conditions.

PROPERTY FACTS
Sale Type: Investment NNN
Property Type: Retail
Property Subtype: Freestanding
Building Size: 1,680 SF
Building Class: C
Year Built: 1968
Price: $2,980,000
Price Per SF: $1,774
Cap Rate: 6.07%
NOI: $180,789
Tenancy: Single
Building Height: 1 Story
Building FAR: 0.09
Land Acres: 0.43 AC
Zoning: B3 - B-3, HEAVY COMMERCIAL/LIGHT INDUSTRIAL BUSINESS 

Parking: 5 Spaces (2.98 Spaces per 1,000 SF Leased)
Frontage: 77 FT on SE 6th Ave