TotalCommercial.com
Improved Property

$500k Price Reduction STNL Industrial

4000 NW 124th Avenue, Coral Springs, Florida 33065

Sold: $6,800,000
$139.03 / SF
Updated Oct 1, 2026
Categories Dock High

About this property

Marcus & Millichap, as exclusive advisor, is pleased to present for sale The Lupin Industrial Building (the “Property”), a 48,909 squarefoot, free-standing, single-tenant net-leased, Class “A” research and development facility, constructed in 2008, in Coral Springs, Florida. The building is leased to Lupin Pharmaceuticals, a global medical corporation from Mumbai, India and domestically based in Maryland.

The Property is a very well maintained and constructed flex warehouse with tilt-wall, impact glass, 24-foot clear height ceilings, dockhigh loading with concrete apron, fully air-conditioned, and with heavy power. Located in northwest Broward County, the Property is centrally situated within the Corporate Park of Coral Springs, the one-square-mile business park fronting the Sawgrass Expressway, off Sample Road and minutes from Florida’s Turnpike and Interstate 95, is home to more than 350 businesses occupying more than 4.1 million square feet of commercial, office, warehouse and manufacturing space.

The Lupin Industrial Building represents an opportunity for an investor to acquire a fully occupied single-tenant building with very low oversite, stabilized cash flow in a high-barrier-to-entry submarket supported by a highly improved and state-of-the-art underlying asset.

Property details

Property Type
Improved property
Building Type
Freestanding
Building Size
48,909 sqft
Land Size
3.1 acres
Sewer
Coral Springs
Water
Coral Springs
Zoning
IRD
Electric
FPL
Year Built
2008
H V A C
Fully AC'd 440 Tons
Roof
Flat 4-Ply
Parking
102 Spaces
Sprinklers
Fully Sprinklered ESFR System
Construction
Tilt-Wall

Documents 1 file

Broker-CA_Lupin-Bldg.pdf 105 KB

Last updated: Oct 1, 2026

Location

Address
4000 NW 124th Avenue
Coral Springs, Florida 33065
The information contained herein is from sources deemed reliable, but is subject to errors, omissions, and withdrawal without notice.