305-807-0004
5600 N Hiatus Rd, Tamarac, FL for Sale
Medical - FOR SALE
1/8
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5600 N Hiatus Rd
Tamarac, FL 33321


HIGHLIGHTS

  • For Sale!! Can be purchased as-is for end user or redeveloped into an industrial development
  • Sold vacant at closing
  • 5.48 acres with 375 parking spaces or 18.85 spaces per 1,000 SF
  • Zoning: MU-C, Mixed-Use Corridor, City of Tamarac
  • City water and sewer
  • Incredible highway accessibility and amenities close by

OVERVIEW

On behalf of the Owner, CBRE, Inc., as exclusive agent, we are pleased to present a ±19,880 SF building on a 5.48-acre, 238,523 LSF, land development site (Folio Number: 494107100041, the Property), located at 5600 North Hiatus Road, Tamarac, FL 33321 (Broward County). The parcel is currently zoned MU-C, Mixed Use Corridor, per the City of Tamarac code, allowing for a broad range of uses including office users, car dealerships, places of worship, any type of school, or medical facilities. The site may be rezoned for industrial use. This site presents a rare opportunity to acquire a significant parcel of land in one of the country's fastest-growing and most promising markets. The Property is less than five minutes from Highway 75 and I-595, offering quick access to the Florida Turnpike and I-95. The property is currently used as a school / professional certification centers, however, the parking will allow additional uses such as Religious Centers, Community Gathering Locations, Charter Schools, Technical Colleges, and other uses that require heavy parking counts. INVESTMENT HIGHLIGHTS: DEVELOPMENT OPPORTUNITY: • Opportunity to achieve critical mass in one of the nation’s most desirable logistics markets. • The Property’s size will attract tenants looking for similar product. AREA WELL SUITED FOR INDUSTRIAL DEVELOPMENT: • Vast majority of the site has a rectangular configuration, providing for maximum site utilization. • Flexibility to attract a variety of tenants allowing for either single or multi-tenant layouts. • Excellent inflow/outflow road circulation just beyond a traffic-controlled intersection. SOUTH FLORIDA IS ONE OF THE MOST SUPPLY CONSTRAINED INDUSTRIAL MARKETS IN THE NATION • South Florida has 3,100 acres remaining for industrial development. At historical coverage ratios, this will yield a maximum of a 12% increase (48M SF) in industrial supply for the region. • Based upon a 41 year historical delivery trend of 6.4M SF of new supply added per year, South Florida only has 7.5 years supply of industrial land available for future development. EXCELLENT TRANSPORTATION DYNAMICS: • Only .5 mile from the Sawgrass Expressway (869) via Commercial Boulevard • Access to I-75 – 6 miles away • Access to I-595 – 7 miles away • Access to Florida’s Turnpike - 5.6 miles away • Access to I-95 – 9.1 miles away • Reach 5.5 million people (91% of South Florida’s populace) within a one-hour drive time

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

5.48 ACRES FOR SALE WITH BUILDING

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

ADD'L SUBTYPES

Auto Dealership, Distribution, Showroom

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

2003

SPRINKLERS

-

PARKING SPACES

375

LAND DETAILS

LAND ACRES

5.48 AC

LAND SF

238,709 SF

ZONING

MU-C (Mixed-Use Corridor)

APN/PARCEL ID

49-41-07-10-0041

ASK ABOUT THIS PROPERTY

Larry GenetCBRE, Inc.More Info
305-807-0004

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Larry GenetCBRE, Inc.More Info
305-807-0004

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