2755 NW 63rd COURT, FORT LAUDERDALE 33309 (CREDITGUARD OF AMERICA, INC.)-SOLD

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BONVIE REALTY & DEVELOPMENT is proud to announce the sale of 2755 NW 63^rd Court, a 35,000 S.F. Premier Industrial property located in Fort Lauderdale, for $6,880,000. This two-tenant property is occupied by Credit Guard, which occupies approximately 20,882 S.F. of Prime Air-Conditioned Warehouse space and SE Utilities, a subsidiary of Congruex. which occupies approximately 14,200 S.F. of Warehouse space with an additional outside storage yard. Both buildings are located on approximately 3.0 +/- acres of prime Light Industrial land in the Ft. Lauderdale Industrial Corridor. This site is well parked with over 131 marked parking spaces with close proximity to I-95 & the Florida Turnpike. BONVIE REALTY & DEVELOPMENT represented the Buyer, Lindhurst Capital, LLC on this 1031 transaction. This initial return on this property is near 7.0%, significantly beating current market rates for this asset class. Contact Rick Bonvie for more properties like this one.