Investment Opportunity - 100% Leased | 1402-1414 W McNab Rd
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Investment Opportunity - 100% Leased 1402-1414 W McNab Rd
29,960 SF 100% Leased Industrial Building Fort Lauderdale, FL 33309 $8,950,000 ($299/SF) 5.87% Cap Rate
INVESTMENT HIGHLIGHTS
- Four (4) bays ; 7,490 +/- SF each
- 100% A/C
- Fenced in parking area
- Concrete tilt-wall construction w/ twin tee concrete roof system
- McNab road frontage
EXECUTIVE SUMMARY
Exciting investment opportunity to own a 100% leased, quality four (4) bay, office/warehouse building. Excellent location with frontage on West McNab Road with easy access to both I-95 and the Florida Turnpike. Located in the Gateway Industrial Park / Cypress Creek Uptown District and minutes from the Fort Lauderdale Executive Airport, the new Inter Miami CF Soccer Stadium and many restaurants, hotels and retail stores.
PROPERTY FACTS
| Price | $8,950,000 | Lot Size | 1.51 AC |
| Price Per SF | $299 | Rentable Building Area | 29,960 SF |
| Sale Type | Investment NNN | No. Stories | 1 |
| Cap Rate | 5.87% | Year Built | 1982 |
| Property Type | Industrial | Parking Ratio | 1.54/1,000 SF |
| Property Subtype | Warehouse | Clear Ceiling Height | 20’ |
| Building Class | B | No. Drive In / Grade-Level Doors | 4 |
| Price | $8,950,000 |
| Price Per SF | $299 |
| Sale Type | Investment NNN |
| Cap Rate | 5.87% |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | B |
| Lot Size | 1.51 AC |
| Rentable Building Area | 29,960 SF |
| No. Stories | 1 |
| Year Built | 1982 |
| Parking Ratio | 1.54/1,000 SF |
| Clear Ceiling Height | 20’ |
| No. Drive In / Grade-Level Doors | 4 |
AMENITIES
- Bus Line
- Fenced Lot
- Signage
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PROPERTY TAXES
| Parcel Number | 49-42-09-19-0010 | Improvements Assessment | $3,289,610 |
| Land Assessment | $858,390 | Total Assessment | $4,148,000 |
PROPERTY TAXES
Parcel Number
49-42-09-19-0010
Land Assessment
$858,390
Improvements Assessment
$3,289,610
Total Assessment
$4,148,000
ZONING
| Zoning Code | I, Fort Lauderdale (I (Industrial) City of Fort Lauderdale) |
| I, Fort Lauderdale (I (Industrial) City of Fort Lauderdale) |
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Investment Opportunity - 100% Leased | 1402-1414 W McNab Rd
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