Aquathin Corp S Andrews Ave

23,938 SF Industrial Building Pompano Beach, FL 33069 $5,475,000 ($228.72/SF) 7.70% Cap Rate

INVESTMENT HIGHLIGHTS

  • Industrial Complex: Three buildings totaling approximately 24,000 rentable square feet.
  • Land & Zoning: Nearly 1.5 acres with a secure gated yard, zoned I-1 for industrial use.
  • Major Mixed-Use Project: Near The Pomp, a 223-acre development featuring retail, office, entertainment, and Top Golf.
  • Business Versatility: Ideal for e-commerce, call centers, HVAC/plumbing, contractors, and more.
  • Development Potential: Allows for up to 10 stories of multifamily development (engineering certificate available).
  • Strategic Connectivity: Near Cypress Creek Executive Airport, train station, I-95, and institutional owners like Prologis & Blackstone.

EXECUTIVE SUMMARY

Marcus & Millichap is proud to present for sale Pompano Beach Industrial: A Premier Offering by Marcus & Millichap. This 3-building industrial complex includes a main warehouse with approximately 19,500 square feet of rentable space, plus two additional warehouses measuring 3,256 and 1,210 square feet, totaling around 24,000 rentable square feet.
Spanning nearly 1.5 acres, the property features a secure gated yard for industrial outdoor storage. Zoned I-1 by the City of Pompano Beach, it allows for various industrial uses and offers potential for up to 10 stories of multifamily development (engineering certificate available upon request).
This property is an excellent investment or redevelopment opportunity, catering to businesses such as e-commerce fulfillment, call centers, HVAC/plumbing, and general contracting. The flexible zoning permits light to moderate manufacturing, assembly, warehousing, distribution, gas stations, sport shooting, and even childcare facilities, making it highly versatile.
Located in Broward County’s thriving industrial hub, Pompano Beach Industrial is near major developments like Fairfield Cypress Creek, an 8-story mixed-use complex with 295 apartments, retail, and restaurants.
The property also benefits from proximity to Harrah’s Casino and The Pomp, a massive 223-acre mixed-use project featuring over 3 million square feet of retail, entertainment, office space, and a Top Golf facility. Additionally, Pompano Beach’s revitalized Old Town district is emerging as a key dining and entertainment destination.
Situated in Broward County’s second-largest office market—home to Citrix Systems, Microsoft, Hotwire, and Zimmerman Advertising—the property is near Cypress Creek Executive Airport, the Cypress Creek Train Station, and I-95, with major institutional industrial owners like Prologis and Blackstone operating nearby.

PROPERTY FACTS

Price $5,475,000
Price Per SF $228.72
Sale Type Investment or Owner User
Cap Rate 7.70%
Property Type Industrial
Property Subtype Manufacturing
Building Class B
Lot Size 1.43 AC
Rentable Building Area 23,938 SF
No. Stories 2
Year Built 1968
Tenancy Single
Parking Ratio 2.01/1,000 SF
Clear Ceiling Height 18’
No. Drive In / Grade-Level Doors 1

AMENITIES

  • Bus Line
  • Fenced Lot
  • Signage
  • Fiber Optic Internet

UTILITIES

  • Water
  • Sewer
  • Heating - Electric

MAJOR TENANTS Click Here to Access

  • TENANT
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  • RENT/SF
  • LEASE TYPE
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TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE TYPE LEASE END
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PROPERTY TAXES

ZONING

Zoning Code I-1 (Light Industrial zoning)
  • Listing ID: 35159965

  • Date on Market: 3/17/2025

  • Last Updated:

  • Address: S Andrews Ave, Pompano Beach, FL 33069