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South Florida Small-Bay Industrial For Sale

NW 15th Street & NW 16th Street, Lauderhill, Florida 33313
South Florida Small-Bay Industrial For Sale

Property Details

Property Type
Improved property
Building Type
Freestanding
Building Size
53,298 sqft
Land Size
3 acres
Sewer
City
Water
City
Zoning
IL-Light Industrial
Year Built
1987
Loading
Dock & Grade
Tenants
8
Parking
100
Investment Type
Value-Add

Property Description

Berger Commercial Realty, as exclusive advisor, is pleased to present teh opportunity to acquire Lauderhill Commerce Center (the Property), a ~53,298 SF, two-building small-bay industrial asset located at 2696 NW 15th Street and 3698 NW 16th Street in Central Broward County, currently 77.9% +/- leased across 11 bays.

Built in 1987 and zoned IL-Light Industrial, the Property features 18' clear heights, cross-dock and grade-level loading with 16 dock-high and 16 drive-in doors, a shared 100 foot truck court, 100 parking spaces, 1200-amp, 120/240 volt electrical service, and approximatley 20% office finish.

In-place NNN income is paired with immediate lease-up upside on 11,800 SF of vacancy. The Property sites within Lauderhill's new Copmmercial Arts & Entertainment District - where the City has invested over $4M in 38th Ave. streetscape improvements - 1.8 miles from Florida's Turnpike and 3.8 miles from I-95.

Contact Agent re: pricing, registration and OM.

Location

Contact

Keith R. Graves, CCIM, SIOR
Keith R. Graves, CCIM, SIOR
Berger Commercial Realty Corp/CORFAC International
Office: (954) 652-2031
[email protected]