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828 NW 1st St 10,033 SF 100% Leased Industrial Building Fort Lauderdale, FL 33311 $2,650,000 ($264.13/SF) 4.16% Cap Rate

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INVESTMENT HIGHLIGHTS

  • Heavy traffic/Downtown Fort Lauderdale

EXECUTIVE SUMMARY

B-3 Zoning-10,003 sqft corner lot warehouse/8 bays(approximately 1200-1400 sqft each bay) completely leased. Completed 40 year inspection.
BUY NOW AND BUILD YOUR INCREASED CAP RATE WITHIN A YEAR!
Opportunity zone, high traffic. SELLER FINANCE POSSIBLE
All seperate meters. 6 total tenants in good standing which would all like to stay. Ceiling height is 12-13.5 FT
15+ exterior parking spots. Tenants pay their own electric and insurance. Landlord pays all taxes, water/sewer.

DATA ROOM Click Here to Access

FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access

ANNUAL ANNUAL PER SF
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Taxes - -
Operating Expenses - -
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per SF $9.99
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Taxes
Annual -
Annual Per SF -
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual $99,999
Annual Per SF $9.99

PROPERTY FACTS

Price $2,650,000
Price Per SF $264.13
Sale Type Investment
Cap Rate 4.16%
Sale Condition Build to Suit
Property Type Industrial
Property Subtype
Service
  • General Retail Auto Repair
  • Industrial Distribution
  • Industrial Warehouse
Building Class C
Lot Size 0.32 AC
Rentable Building Area 10,033 SF
No. Stories 1
Year Built 1960
Parking Ratio 0.6/1,000 SF
Clear Ceiling Height 10’
No. Drive In / Grade-Level Doors 6
Opportunity Zone Yes
Zoning B-3 - B-3 Tenants include auto mechanic, tint specialist, ceramic coating, paint distribution, auto detail, personal/storage

AMENITIES

  • Reception
  • Storage Space
  • Air Conditioning
  • Smoke Detector

UTILITIES

  • Lighting
  • Gas
  • Water
  • Sewer
  • Heating
Walk Score®
Very Walkable (83)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
50-42-10-20-0280
Land Assessment
$0 (2025)
Improvements Assessment
$0 (2025)
Total Assessment
$1,423,000 (2025)
  • Listing ID: 36287957

  • Date on Market: 6/17/2025

  • Last Updated:

  • Address: 828 NW 1st St, Fort Lauderdale, FL 33311

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