Commercial Real Estate in Plantation, Florida, offers a unique opportunity for investors to tap into the city's growing economy. With a population of around 90,000 people, Plantation provides a diverse range of investment opportunities, from retail and education to media and healthcare. As a major transport hub, Plantation is home to DHL's Express Head Office in the United States, connecting businesses to national and international markets. The city's infrastructure, including Plantation Elementary School, Plantation High School, and Plantation General Hospital, makes it an attractive location for businesses and residents alike. Additionally, the city's proximity to the Everglades and its tropical rainforest climate make it an ideal location for those who appreciate the outdoors. With 45 Commercial Real Estate listings available for sale, investors have a wide range of options to choose from.
Plantation's Commercial Real Estate market offers a diverse range of investment opportunities, including Industrial Properties, which benefit from the city's major transportation facilities, such as Interstate 595 and Florida's Turnpike. Apartment Buildings are also in high demand, given the city's growing population and proximity to educational institutions like the University of Phoenix. Office Properties are another attractive option, with companies like TradeStation and DHL already operating in the area. Hotels also have a strong presence in Plantation, catering to the city's growing tourism industry. With an average price per square foot of $617 USD and an average size of 24,180 square feet, Commercial Real Estate in Plantation offers a unique opportunity for investors to tap into the city's growing economy. The city's average cap rate of 6.24% also makes it an attractive location for investors looking for a strong return on investment. Overall, Plantation's Commercial Real Estate market offers a diverse range of investment opportunities, making it an attractive location for businesses and investors alike.
What financing options are available for purchasing commercial real estate?
When it comes to financing options for purchasing commercial real estate in Plantation, Florida, buyers have several choices to consider, including:
- Traditional commercial mortgages, which typically offer fixed or adjustable interest rates and repayment terms ranging from 5 to 25 years.
- Small Business Administration (SBA) loans, which provide financing for small businesses and startups, often with more favorable terms and lower down payments.
- Private money lenders, which offer alternative financing options for buyers who may not qualify for traditional loans, often with shorter repayment terms and higher interest rates.
With 45 available listings of commercial real estate in Plantation, buyers have a range of properties to choose from, with average prices per square foot of $617 USD and average sizes of 24,180 square feet. Additionally, the average cap rate for commercial properties in Plantation is 6.24%, making it an attractive market for investors.
How do cap rates factor into commercial real estate purchases?
When considering commercial real estate purchases in Plantation, Florida, cap rates play a crucial role in determining the potential return on investment. With an average cap rate of 6.24%, investors can gauge the property's potential income-generating capabilities, making it essential to understand what is a cap rate and how it affects their investment decisions, as outlined in our article at what is a cap rate.
What is considered a commercial property?
In Plantation, Florida, a commercial property is typically defined as a building or land used for business or commercial purposes, such as office spaces, retail stores, restaurants, warehouses, and industrial facilities. With 45 available listings of commercial real estate in Plantation, investors and business owners have a range of options to choose from, with average prices per square foot of $617 USD, average sizes of 24,180 square feet, and average cap rates of 6.24%.
