Commercial property in Oakland Park, Florida № 1990589

Commercial property in Oakland Park, Florida № 1990589
ID1990589 $ 2 300 000
  • EUR €
  • USD $
  • RUB ₽
  • GBP £
1990589

Property description

3560–3570 NW 10th Avenue is an 8-unit smallbay industrial warehouse totaling 9,315 square feet situated on a 16,337-square-foot lot in the highly desirable Oakland Park industrial corridor. This product type remains one of the most sought-after asset classes in Broward County, driven by limited supply, strong tenant demand, and consistent rental growth. The property offers functional bay sizes, gradelevel loading, ample parking, and highly efficient layouts ideal for a wide range of light industrial users. Tenants benefit from excellent connectivity with immediate access to I-95, Commercial Blvd, Powerline Road, and Central Broward’s major logistics arteries. The building is currently generating $136,229 in annual income, with clear upside to a pro forma income of $184,229 through bringing rents to market and optimizing operations. At the suggested offering price of $2,300,000, this opportunity provides investors with stabilized inplace cash flow plus immediate value-add upside in one of the strongest and supply-constrained industrial submarkets in South Florida.
MLS #: A11932090
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CityOakland Park
Address3560 NW 10th Ave, Oakland Park FL 33309
TypeCommercial property
Completion dateIV quarter, 1969
Price
  • Price
  • per m²
$ 2 300 000
  • EUR €
  • USD $
  • RUB ₽
  • GBP £
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