305-448-5498
, Pompano Beach, FL for Sale
FOR SALE
1/2
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Park Central Light-Industrial
Pompano Beach, FL
Outer Pompano Beach/Deerfield Beach


HIGHLIGHTS

  • OPPORTUNITY TO ACQUIRE A 95% LEASED LIGHT-INDUSTRIAL PARK WITH UPSIDE IN SOUTH FLORIDA
  • STRONG, PROVEN IN-PLACE CASH FLOW WITH NEAR-TERM UPSIDE POTENTIAL
  • HIGHLY-FUNCTIONAL AND VERSATILE LIGHT-INDUSTRIAL DESIGN SPECIFICATIONS
  • ATTRACTIVE VALUE PROPOSITION POISED FOR LONG-TERM SUCCESS
  • CORE LOCATION WITH EXCELLENT TRANSPORTATION DYNAMICS PROVIDING ACCESS TO THE ENTIRE MSA WITHIN A 90-MINUTE DRIVE.

OVERVIEW

Park Central is an infill, light industrial park in one of the nation's highest barrier-to-entry markets, Broward County, FL. The 114,391 square foot park contains three highly functional industrial buildings supported by a variety of bay sizes and buildouts, with spaces ranging from 2K-29K SF, versatile loading options (31% dock-high), and dedicated air-conditioned warehouse space (45% of the NRA). The Property offers stable in-place cash flow with 95% occupancy and has maintained 94% historical occupancy since 2023. In addition, there is significant upside potential with 2.2 years of WALT, 67% of the NRA expiring by Year 4 of the projection, and a 13% MTM opportunity, yielding 48% 6-year NOI growth. Park Central benefits from a strategic centralized South Florida location with direct access to I-95 (4 minutes), Florida's Turnpike (6 minutes), and Ft. Lauderdale's CBD (20 minutes) offering unparalleled last-mile logistics to over 6.7M+ people within 90 minutes. Park Central offers investors the opportunity to acquire a highly functional light-industrial park in one of the nation's strongest industrial markets with upside potential at a substantial discount to replacement cost and recent South Florida transactions.

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305-448-5498

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305-448-5498

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