Announcing the ability to acquire the Gateway Industrial Business Center, an 8.64-acre industrial property in Pompano Beach, FL. Douglas Elliman Real Estate is the Owner’s Reps for the property. The Gateway Industrial Business Center offers turnkey operating spaces, versatile modern offices, and industrial suites with flexible layouts, top quality features and amenities. Constructed in 1976/8, rebuilt in 2004 & recently renovated as late as 2024, the Class-B properties located at 895 SW 30th Ave & 3001 SW 10th Street, Pompano Beach, FL 33069, consist of two (2) - 41% leased office & warehouse buildings encompassing a combined 133,245 square feet. The property features conditioned warehouse space, 18-foot clear heights, 7 Bay-doors one (1) being a drive-in door, and over-parked at a parking ratio of 7 / 1,000 SF offering the ability to redevelop. Currently a total of 660 spaces +/-. Owner-User or Investor/Value-add redevelopment on excess land: This location offers an ‘owner/user/investor’ a tremendous opportunity to either occupy space immediately for one’s business needs; or for a value-add by developing on the excess 3.67 acres while holding an income generating asset and while professional management leases up the existing buildings. Not considering the future income benefit from development, the existing property once 100% leased presents a proforma 7.77% unlevered Cap Rate at the offered $29.0 mm pricing. Location Situated in the bustling Gateway Park of Pompano Beach, Florida, this property offers a prime location just one mile north of Cypress Creek Road, positioned between Powerline Road and 31st Avenue. The Location places Tenants near and between major commuter highways (I-95 & Fl Turnpike), quality shopping and dining, and the city’s best golf course. Within five minutes from the property there are the picturesque green spaces of the Palm Aire Country Club, including their Oaks and Cypress Courses. The Executive Airport is within a few minutes. The location allows for access to exceptional entertainment and recreation opportunities at the nearby Harrah’s Pompano Beach Casino. Grabbing lunch or/and after-work shopping trips are conveniently nearby retail locations such as Publix Supermarket, Walgreens, Planet Fitness, Dunkin’, MacDonald’s, Chili’s, Longhorn Steakhouse, Walmart Supercenter, and many more. Pompano Beach, FL Portfolio 895 SW 30th Ave, Pompano Beach, FL Lot Size: 2.33 AC Building Size: 87,785 SF Parcel ID 49-42-04-00-0278 3001 SW 10th St, Pompano Beach, FL Lot Size 1.93 AC Building Size: 45,460 Parcel ID 49-42-04-00-0292 Parking Lot - Excess Industrial Land for development of storage or more 2-story Warehouse or Office 30 SW 30th Ave, Pompano Beach, FL Lot Size: 3.67 AC Parcel ID 49-42-04-00-0380