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705 NW 8th Ave 9,500 SF 74% Leased Industrial Building Fort Lauderdale, FL 33311 $2,375,000 ($250/SF) 3.41% Cap Rate

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Investment Highlights

12 ft clear ceiling height
Six bay doors for easy loading and unloading

Built-out office space for admin & mgt needs

Executive Summary

705 NW 8th Ave is a multi-tenant industrial property, that is both income producing and offers upside potential. The property has had a new roof installed recently, substantially
reducing the capex requirements for future ownership. For additional financial information, see rent roll contained herein.

Offering Memorandum-705 NW 8th Ave

Property Facts

Price	$2,375,000	Lot Size	0.32 AC
Price Per SF	$250	Rentable Building Area	9,500 SF
Sale Type	Investment or Owner User	No. Stories	1
Cap Rate	3.41%	Year Built	1956
Sale Condition	1031 Exchange	Parking Ratio	1.58/1,000 SF
Property Type	Industrial	Clear Ceiling Height	12’
Property Subtype	Warehouse Flex Light Manufacturing Industrial Distribution Industrial Manufacturing	No. Dock-High Doors/Loading	8
Building Class	C	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	I - General Industrial (I) District (48-01 Warehousing)

Price	$2,375,000
Price Per SF	$250
Sale Type	Investment or Owner User
Cap Rate	3.41%
Sale Condition	1031 Exchange
Property Type	Industrial
Property Subtype	Warehouse Flex Light Manufacturing Industrial Distribution Industrial Manufacturing
Building Class	C
Lot Size	0.32 AC
Rentable Building Area	9,500 SF
No. Stories	1
Year Built	1956
Parking Ratio	1.58/1,000 SF
Clear Ceiling Height	12’
No. Dock-High Doors/Loading	8
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	I - General Industrial (I) District (48-01 Warehousing)