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4020 NE 5th Ter 8,000 SF 33% Leased Industrial Building Oakland Park, FL 33334 $1,995,000 ($249.38/SF) 5.61% Cap Rate
Investment Highlights
- Three 2,666 square foot bays
- Ample parking
- Clear height: +/- 11'
Executive Summary
Multi-tenant industrial warehouse building situated in Oakland Park west of NE 6 Avenue two blocks south of Prospect Road. This location is ideal to service the well-established surrounding residential communities while also offering easy access to I-95 and Federal Highway. The building features three, 2,666 square foot bays. three electric meters, 7 drive-in overhead doors and 11 ft clear ceiling height.
Property Facts
| Price | $1,995,000 | Rentable Building Area | 8,000 SF |
| Price Per SF | $249.38 | No. Stories | 1 |
| Sale Type | Investment | Year Built | 1960 |
| Cap Rate | 5.61% | Parking Ratio | 1/1,000 SF |
| Property Type | Industrial | No. Drive In / Grade-Level Doors | 7 |
| Property Subtype | Warehouse | Cross Streets | NE 40th Ct |
| Building Class | C | Opportunity Zone |
Yes
|
| Lot Size | 0.28 AC | ||
| Zoning | I-1 - Light Industrial District | ||
| Price | $1,995,000 |
| Price Per SF | $249.38 |
| Sale Type | Investment |
| Cap Rate | 5.61% |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 0.28 AC |
| Rentable Building Area | 8,000 SF |
| No. Stories | 1 |
| Year Built | 1960 |
| Parking Ratio | 1/1,000 SF |
| No. Drive In / Grade-Level Doors | 7 |
| Cross Streets | NE 40th Ct |
| Opportunity Zone |
Yes |
| Zoning | I-1 - Light Industrial District |
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Broward Tops & Interiors
- Services
- -
- -
- -
- Durden Industries Inc
- Manufacturing
- -
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Broward Tops & Interiors | Services | - | - | - | ||
| Durden Industries Inc | Manufacturing | - | - | - |
Space Availability
- Space
- Size
- Space Use
- Build-Out
- Available
One bay available at 2,650 SF. Property is well located in the City of Oakland Park with easy access to I-95 via Commercial Blvd or Oakland Park Blvd.
| Space | Size | Space Use | Build-Out | Available |
| 1st Floor | 2,650 SF | Industrial | Partial Build-Out | 30 Days |
1st Floor
| Size |
| 2,650 SF |
| Space Use |
| Industrial |
| Build-Out |
| Partial Build-Out |
| Available |
| 30 Days |
1 of 3
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1st Floor
| Size | 2,650 SF |
| Space Use | Industrial |
| Build-Out | Partial Build-Out |
| Available | 30 Days |
One bay available at 2,650 SF. Property is well located in the City of Oakland Park with easy access to I-95 via Commercial Blvd or Oakland Park Blvd.
1 1
Moderately walkable
70/100
Moderately drivable
70/100
Limited public transit
20/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 49-42-22-19-0790 | Improvements Assessment | $1,251,620 |
| Land Assessment | $197,840 | Total Assessment | $1,449,460 |
Property Taxes
Parcel Number
49-42-22-19-0790
Land Assessment
$197,840
Improvements Assessment
$1,251,620
Total Assessment
$1,449,460
1 of 2
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
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4020 NE 5th Ter
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