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1405 SW 8th St
Pompano Beach, FL 33069
Olympia Building Supplies · Industrial Property For Sale

PROPERTY FACTS

Property Type Industrial
Property Subtype Warehouse
Building Class C
Lot Size 4.56 AC
Rentable Building Area 40,428 SF
No. Stories 1
Year Built 1969
Tenancy Single
Clear Ceiling Height 22’
Zoning I-1

AMENITIES

  • Fenced Lot

ABOUT 1405 SW 8TH ST , POMPANO BEACH, FL 33069

This opportunity features a virtually new facility with a 10-year lease in place which is corporately guaranteed by the $1.4 Billion Gypsum Management & Supply company. The facility had a new roof installed August of 2016 and it provides a 20 year warranty. The entire exterior steel cladding was replaced in 2008 and the office/showroom area is currently undergoing an expansion and complete renovation. It is an extremely functional facility offering a CSX rail spur which lowers shipping costs to the tenant and enhances its efficiency. The property is located in the heart of the largest industrial submarket in Broward County, Pompano Beach which is centrally located and offers excellent highway access. It is an extremely safe long-term investment that will continue to appreciate over time because of its unique functionality. The Property is a benefactor of a CSX rail spur that runs through the South Andrews industrial park. The rail spur awards the tenant of this Property the ability to unload two (2) containers per day, translating to an average cost savings of $1,500 per container, as opposed to receiving these same goods via truck. Total savings for the tenant could potentially reach $375,000 per year, when utilizing the rail spur to its full capacity.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
49-42-03-00-0400
Land Assessment
$1,588,540
Improvements Assessment
$6,361,940
Total Assessment
$7,950,480
  • Listing ID: 6832097

  • Date on Market: 4/18/2017

  • Last Updated:

  • Address: 1405 SW 8th St, Pompano Beach, FL 33069

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