590 Goolsby Blvd - Warehouse FOR SALE


Deerfield Beach, FL 33442- Outer Pompano Beach/Deerfield Beach
$6,899,000 USD
561-305-6794
590 Goolsby Blvd, Deerfield Beach, FL for Sale
$6,899,000 USD
Warehouse - FOR SALE
1/61
null | Request Cap Rate

590 Goolsby Blvd
Deerfield Beach, FL 33442
Outer Pompano Beach/Deerfield Beach


HIGHLIGHTS

  • Phase I Environmental Site Assessment report prepared for Wells Fargo Bank from Nov 2020 available for review
  • Brand New roof - PVC Single Ply Roof - 25 Year Warranty & Patios, Floors - Bomanite Stamped Concrete.
  • 9 Grade level electric rolling doors with 3 semi-truck loading Docks - Paving Asphalt - Gated - Hurricane Impact Windows and doors
  • Buyer can take over and assume $1.6M loan at 1.34% interest rate
  • 3 Solid tenants leasing in the back of the warehouse paying approximarely $200k per year with a 5% increase per year per tenant.
  • Option to lease back a portion or entire warehouse to landlord unless the buyer wants the entire 16,508 sqft vacant prior to closing.

OVERVIEW

Tapia Group by Compass is proud to offer for Sale This beautiful temperature control, 26,288 square foot, concrete block freestanding industrial warehouse/office building situated on 2.08 acres. Located in North Broward County just seconds from the I95 interchange off Hillsboro Boulevard and bordering Boca Raton, Pompano Beach and Coconut Creek and very close to the beaches. This building has excellent visibility, quick access to SW 10th Street and Sawgrass Expressway with numerous establishments for food, banking and retail services within a one-mile radius. Originally built in 1997, this concrete block warehouse has a brand-new PVC Single Ply Roof with a 25-year warranty, walls are concrete block, facility offers 9,180 SQFT warehouse area with a 25' ceilings height with (3) 10’ X 12’ dock high sloped for semi-trucks and (2) 12’ X 16’ Drive-in loading doors with 65 employee surface parking spaces. Attached to the warehouse are three additional small bay warehouses, separately metered for electrical service, which can be used as additional storage or can be leased for additional income. One bay contains 5,040 square feet with a small office and two 12’ X 14’ drive-in loading doors. Adjacent to the warehouse we have approximate 7,300 square feet of drop ceiling general office space which can be removed for additional warehouse use by removing the drop ceiling. The height in the office space is also over 20' in height. The office does consist of 12 private offices, 2 conference rooms, Reception area, 2 Kitchen break areas and open plan layouts with lots of natural light and hurricane impact windows and doors. One bay contains 5,040 square feet with a small office and two 12’ X 16’ drive-in loading doors. The second bay is 2,520 square feet, open with (1) 12’ X 16’ drive-in loading door and the last is 2,220 square feet with air condition, open with (1) 12’ X 16’ drive-in loading door. The building is zoned PID with all utilities serviced by the City of Deerfield Beach, has 600 amps, 3-phase, 120/208 of electrical service. All of these measurements may not be accurate. All 3 warehouse bays are fully leased with long term tenants. Seller receives approximately $200k per year for all 3 units with a 5% increase per year. All tenants are responsible for their unit. All tenants have renovated the units at their own expense. BUILDING FEATURES - $1.6M assumable loan at 1.34% - 26,288 square feet on 2.08 acres - Built in 1997 - Concrete Block Construction - 20’ clear sloped - HVAC room above training room - 7,300 sq. ft. offices space but can be converted into warehouse space by removing the drop ceiling. The office ceiling height is over 20'. - 68 surface employee parking spaces - 600 amps, 3-Phase, 120/208 electrical service - Three –10’ X 12’ dock high loading doors - Two – 12’ X 16’ drive in loading doors ADDITIONAL FEATURES: The building has three bay warehouses attached to the facility which are used for additional income all separately metered for electric. Temperature control - One – 5040 square feet with two- 12’X 16’ drive in Loading doors with built- in office space and bathroom. One – 2,520 square feet with one- 12’X 16’ drive in Loading door with bathroom. Temperature control - One – 2,220 square feet with one- 12'X 16’ drive in loading door with a recently built Mezzanine & bathroom. Permitted uses. The following uses shall be permitted principal uses in the PID district: (1) Manufacturing; (2) Office, business and professional; (3) Warehouses associated with manufacturing, assembly and distribution; (4) Wholesale packaging, supply and distribution (this category includes facilities devoted to the building trades); (5) Essential services; (6) Educational, industrial, medical, scientific research and development, laboratory; (7) Printing; (8) Building cleaning and maintenance services; (9) Construction/trade contractors; (10) Commercial kitchens; (11) Sports performance training facility; (12) Craft/artisan production (in accordance with land use plan limitations) provided. All measurements and details may have errors and omissions

FOR SALE DETAILS

PRICE

$6,899,000 USD

PRICE/SF

$418 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

ADD'L SUBTYPES

Distribution, Manufacturing, Truck Terminal

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1997

UTILITIES

Lighting, Gas, Water - City, Sewer - City, Heating - Electric

CLEAR CEILING HT

22 Ft

DOCKS

5

DRIVE INS

5

PARKING SPACES

48

LAND DETAILS

LAND ACRES

2.8

LAND SF

121,968

ZONING

PID

APN/PARCEL ID

48-42-02-06-0100

ASK ABOUT THIS PROPERTY

Christopher TapiaCompassMore Info
561-305-6794

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Christopher TapiaCompassMore Info
561-305-6794

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