About 1508 Azalea Dr. Unit 801
Investors this is a 6+ cap rate property!!! New tenants just signed a 3-year agreement which starts this month(November 2023 and runs through November 2026). Corporate Tenant. Renovated first floor office condo unit within a popular Surfside business park. Renovations include new flooring, paint, new energy efficient windows and LED lighting. The 1,020 sq/ft space includes a reception area & reception office, 3 additional offices with one having potential as a conference room, open printer area/common workspace, 1/2 bath and a kitchenette. Both the front and rear entries are shared with 3 other tenants in the building. There is ample parking in the front and back of the building. Building had a new roof installed approximately 5 years ago and new windows about 5 years ago as well.
