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Office-Warehouse 990 NW 13th Ter

8,747 SF Industrial Building Fort Lauderdale, FL 33311 $2,995,000 ($342/SF) 5.61% Cap Rate

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Investment Highlights

Property features warehouse and office space

Executive Summary

HUGE PRICE IMPROVEMENT! Investor Alert! Prime location with space in very busy area of Sunrise Blvd located East of 95 with very high visibility from the street. This combination warehouse and office space offers a solid building with updated 750 amp electric system, 3 new AC's (Rheem and Carrier), 16 ft ceilings, 2 automatic warehouse garage doors, security system with 52 cameras, marble slab floors in lower offices and showroom, pure white epoxy floors in upstairs office, concrete T roof and located in opportunity zone. 4 total bathrooms, one break room and 2 storage rooms. There is a total of 6200 SF of open warehouse space and 2547 SF of office space. Great opportunity to own a solid building very close to all main roads and in the downtown Fort Lauderdale area. SOME SELLER FINANCING AVAILABLE! Owner is motivated! BY APPT ONLY!

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Property Facts

Price	$2,995,000	Rentable Building Area	8,747 SF
Price Per SF	$342	No. Stories	2
Sale Type	Investment or Owner User	Year Built	1964
Cap Rate	5.61%	Tenancy	Single
Sale Conditions	Sale Leaseback	Parking Ratio	1.14/1,000 SF
Property Type	Industrial	Clear Ceiling Height	16 FT
Property Subtype	Warehouse Flex Light Manufacturing Showroom	No. Drive In / Grade-Level Doors	2
Building Class	C	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Lot Size	0.23 AC

Price	$2,995,000
Price Per SF	$342
Sale Type	Investment or Owner User
Cap Rate	5.61%
Sale Conditions	Sale Leaseback
Property Type	Industrial
Property Subtype	Warehouse Flex Light Manufacturing Showroom
Building Class	C
Lot Size	0.23 AC
Rentable Building Area	8,747 SF
No. Stories	2
Year Built	1964
Tenancy	Single
Parking Ratio	1.14/1,000 SF
Clear Ceiling Height	16 FT
No. Drive In / Grade-Level Doors	2
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.