1620-1630 NE 12th Ter - Warehouse FOR SALE


Fort Lauderdale, FL 33305- Middle River Terrace
$1,750,000 USD
954-747-1000
1620-1630 NE 12th Ter, Fort Lauderdale, FL for Sale
$1,750,000 USD
Warehouse - FOR SALE
1/5
null | 6.72% Cap Rate

1620-1630 NE 12th Ter
Fort Lauderdale, FL 33305
Middle River Terrace


OVERVIEW

CAP RATE IS PRO-FORMA. Warehouse with liberal B-3 Zoning located near I-95 and Federal Highway. Partially rented with two units vacant as seller believes building is best suited for an owner user who may need the space. The tenants are at under-market rents. Upstairs is a space perfect for buildout of an office. All warehouse units have front and back 10' x 10' overhead doors allowing for full passthrough. Units 1620, 1622 and 1624 have a small interior office. Units are already subdivided and metered which allows an owner to use some and rent the others. The ceiling height is 13'. There is a right of way that runs along side and to the rear of the building. Each tenant can park one vehicle in front of the bay door but there is no designated parking.

FOR SALE DETAILS

PRICE

$1,750,000 USD

PRICE/SF

$164 USD /SF

CAP RATE

6.72%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1959

UTILITIES

Lighting, Water, Sewer

CLEAR CEILING HT

13 Ft

DOCKS

-

DRIVE INS

10

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.27

LAND SF

11,761

ZONING

B-3

APN/PARCEL ID

49-42-35-17-0180

ASK ABOUT THIS PROPERTY

Robert WainlandColdwell Banker Commercial RealtyMore Info
954-747-1000

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Robert WainlandColdwell Banker Commercial RealtyMore Info
954-747-1000

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.