3901 North Andrews Avenue

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3901 North Andrews Avenue

Oakland Park, FL 33309
Asking Price
$1.70M
Cap Rate
7%
Asset Type
Shopping Center Retail
Class
Class B

What's Special

Value-Add Retail - 7% Cap Rate in Oakland Park <ul><li>​8,694 SF on 0.47 acres with 160 Feet Frontage on N. Andrews Ave +/-24,000 VPD</li><li>​7.00% In-Place cap rate; 9.38% Year-3 Proforma Cap Rate</li><li>​147,323 residents within 3 miles, $1.8B total consumer spend</li><li>​Seller-financing Available</li></ul>

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NOI
$80,000
Cap Rate
4.71%
DSCR
0.79
Underwater
Cash-on-Cash
-4.10%
Monthly Payment
$8,410.672
Annual Cash Flow
$-20,928.069

Location & Travel Times