821 NW 45th St - Warehouse FOR SALE


Oakland Park, FL 33309
$2,500,000 USD
561-901-1402
821 NW 45th St, Oakland Park, FL for Sale
$2,500,000 USD
Warehouse - FOR SALE
1/6
null | Request Cap Rate

821 NW 45th St
Oakland Park, FL 33309


HIGHLIGHTS

  • Ample parking
  • Flexible unit configuration
  • Short term leases
  • Minutes from I-95 and Powerline Road
  • 13’ Ceilings & 9’ -10’ X 10’ doors

OVERVIEW

STL Commercial has been exclusively retained to facilitate the sale of the prime warehouse property located at 821-835 NW 45th St, Oakland Park FL. This exceptional warehouse is 12,520 SF and is on a 0.53 AC lot. The property consists of 31 individual storage/work bay units, each around 400 square feet in size. The unit configuration is flexible, offering a mix of single, double, and triple units to accommodate different tenant needs. This versatility allows tenants to choose the space that best fits their requirements, whether they need a single unit or a larger, combined area. Each unit is equipped with a 9’ - 10’ x 10’ roll up door and 13’ ceilings. The property offers ample parking for all of its tenants, and is secured with manual privacy fencing, security cameras and allows for 24/7 access. The property is ideally located just off of I-95 between Powerline and Prospect Road. This strategic location offers excellent accessibility for a wide range of tenants. Small bay warehouses are in extremely limited supply in Broward County, making this a rare and highly desirable investment opportunity. The property is currently 45% occupied, due to Ownership spending significant time fixing up the property.

FOR SALE DETAILS

PRICE

$2,500,000 USD

PRICE/SF

$200 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Value-Add Small Bay Industrial

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1968

UTILITIES

-

CLEAR CEILING HT

13 Ft

DOCKS

-

DRIVE INS

-

PARKING SPACES

33

LAND DETAILS

LAND ACRES

0.53

LAND SF

23,291

ZONING

I-1

APN/PARCEL ID

49-42-15-10-0311,49-42-15-10-0320

ASK ABOUT THIS PROPERTY

Max LoriaSTL CommercialMore Info
561-901-1402

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Max LoriaSTL CommercialMore Info
561-901-1402

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