Commercial property in Coral Springs, Florida № 2264974

Property description

Rare, turnkey opportunity to own a beautifully designed, fully equipped hair salon in the heart of Coral Springs. Currently leased for 5 years with 2 additional 5 year options. Rental Rate at $5,200/m 3% Annual Increases Association dues approximately $950/m Property Taxes at sale price approximately $529/m Total NOI year 1 ~$44,000 First year Cap Rate ~8% This spacious salon features 9 styling stations, along with 2 professional hair washing sinks providing the capacity to support a high-revenue operation or multiple stylists. The layout also includes two private treatment rooms, perfect for esthetics, massage, facials, or nail services. Great Location in Down Town Coral Springs near Modera's new twin apartment buildings and City Hall.