1883 NW 38th Ave - Light Distribution FOR SALE


Lauderdale Lakes, FL 33311
$5,000,000 USD
954-372-7280
1883 NW 38th Ave, Lauderdale Lakes, FL for Sale
$5,000,000 USD
Light Distribution - FOR SALE
1/27
null | Request Cap Rate

1883 NW 38th Ave
Lauderdale Lakes, FL 33311


HIGHLIGHTS

  • Corner lot at signalized intersection
  • 280 FT of frontage visible from SR-7/441
  • Cornerstone property for favorable CRA district
  • Facade improvements encouraged through CRA grants
  • 14’ ceilings, security cameras, fenced yard, generator, and two garage doors
  • Large floorplate with existing areas for warehouse, retail, and offices.

OVERVIEW

The Lauderhill Corner Building caters to many uses with existing areas for warehouse, retail, and offices. The building includes 14’ ceilings, security cameras, a fenced yard, and two garage doors. There is also a large generator from the first owner, a blood-donation clinic. Located at the northern entrance to Lauderhill's Arts and Entertainment District at 19th St. and 38th Ave., this property is visible from SR-7 and serves as an introduction to the city’s innovative district. Lauderhill’s CRA aims to energize the community by creating a vibrant environment. They encourage owners and tenants to pursue facade improvements, and have provided grants to assist. Significant investments have been made to streets, sidewalks, and foliage. This corner is a destination where art, commerce, and culture converge, and is often included in the local CRA’s events. Lauderhill's strategic location, growing economy, and increasing demand for flexible commercial spaces make it an ideal choice for multi-tenant or single-use ventures. Centrally positioned in the Miami-Fort Lauderdale metropolitan area, Lauderhill serves as a hub for businesses seeking proximity to major highways, airports, and shipping ports.

FOR SALE DETAILS

PRICE

$5,000,000 USD

PRICE/SF

$173 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY NAME

Lauderhill Corner

PROPERTY TYPE

Flex

PROPERTY SUBTYPE

Light Distribution

ADD'L SUBTYPES

undefined, Freestanding, Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1979

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

-

PARKING SPACES

100

LAND DETAILS

LAND ACRES

1.98

LAND SF

86,249

ZONING

CW

APN/PARCEL ID

49-42-31-25-0023

ASK ABOUT THIS PROPERTY

Joshua DeitchmanLevel RealtyMore Info
954-372-7280

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Joshua DeitchmanLevel RealtyMore Info
954-372-7280

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.