970 W Mcnab Rd
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970 W Mcnab Rd
15,140 SF 100% Leased Office Building Fort Lauderdale, FL 33309 $3,395,000 ($224/SF)
Investment Highlights
- Gateway Industrial Center Location
- Potential Owner/User or Investment opportunity
- 2-story office with flex warehouse
Executive Summary
Over 15,000 square feet of office and warehouse space, a prime value-add investment or owner/user opportunity in the Gateway Industrial Center. Three convenient grade-level overhead doors, 2 stories of office space, ample on-site parking, and a highly visible/accessible location.
Currently occupied with short-term Gross Leases in place. Versatile office/warehouse configurations which can accommodate a single owner/user, or multiple tenants. Air conditioning unit replaced in 2023, Parking Lot resurfaced in 2024. Please inquire with Listing Agent today!
Currently occupied with short-term Gross Leases in place. Versatile office/warehouse configurations which can accommodate a single owner/user, or multiple tenants. Air conditioning unit replaced in 2023, Parking Lot resurfaced in 2024. Please inquire with Listing Agent today!
Financial Summary (Actual - 2023) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$208,602
|
$13.78
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$208,602
|
$13.78
|
| Taxes |
$43,362
|
$2.86
|
| Operating Expenses |
$35,085
|
$2.32
|
| Total Expenses |
$78,447
|
$5.18
|
| Net Operating Income |
$130,155
|
$8.60
|
Financial Summary (Actual - 2023)
| Gross Rental Income | |
|---|---|
| Annual | $208,602 |
| Annual Per SF | $13.78 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $208,602 |
| Annual Per SF | $13.78 |
| Taxes | |
|---|---|
| Annual | $43,362 |
| Annual Per SF | $2.86 |
| Operating Expenses | |
|---|---|
| Annual | $35,085 |
| Annual Per SF | $2.32 |
| Total Expenses | |
|---|---|
| Annual | $78,447 |
| Annual Per SF | $5.18 |
| Net Operating Income | |
|---|---|
| Annual | $130,155 |
| Annual Per SF | $8.60 |
Property Facts
Sale Type
Investment or Owner User
Property Type
Building Size
15,140 SF
Building Class
C
Year Built
1986
Price
$3,395,000
Price Per SF
$224
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
7,570 SF
Slab To Slab
11’
Building FAR
0.55
Lot Size
0.63 AC
Zoning
I
Parking
22 Spaces (1.45 Spaces per 1,000 SF Leased)
Amenities
- Bus Line
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PROPERTY TAXES
| Parcel Number | 49-42-09-17-0010 | Total Assessment | $2,136,340 (2024) |
| Land Assessment | $413,910 (2024) | Annual Taxes | $43,362 ($2.86/SF) |
| Improvements Assessment | $1,722,430 (2024) | Tax Year | 2023 |
PROPERTY TAXES
Parcel Number
49-42-09-17-0010
Land Assessment
$413,910 (2024)
Improvements Assessment
$1,722,430 (2024)
Total Assessment
$2,136,340 (2024)
Annual Taxes
$43,362 ($2.86/SF)
Tax Year
2023
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970 W Mcnab Rd
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