Broward Predefined Commercial Types
1971 S Park Rd ,
Pembroke Park, Florida 33009 $3,000,000
|Sq.Ft: 39,204||PSF: $76.52||Type: Commercial/Investment|
This property consists of a large 20,010 SF freestanding Industrial warehouse well situated on a 39,204 sf, 0.9 acre lot. The entire lot is fenced in and has ample parking and room to unload 60' trailers with ease. It is currently occupied by a month to month tenant and can be delivered vacant. The warehouse can be divided into two 10,000 SF spaces. An investor can lease the entire building for $14 p/SF net which would produce over $280,140 per year, and yield a 9.33% capitalization rate at the full asking price of $3,000,000. This property features tall 16 ft ceilings, two street-level overhead doors, full three-phase, full fire sprinkler system, large secure fenced-in lot, over 30 parking spaces, CBS construction, and approximately 10% built out office and much more.