South Florida Small-Bay Industrial For Sale
Property Details
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.