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842 NW 7th Ter
Fort Lauderdale, FL 33311
Industrial Property For Sale


Investment Highlights
- Secure Storage Yard of close to 1/2 acre!
- Tenant of 9 years has expiring lease and may stay if desired based on history.
- Multi tenant/owner/investor flexibility
Executive Summary
Industrial opportunity in Fort Lauderdale with rare, grandfathered junkyard/salvage license included. Clean environmental history and recent surveys available. NNN tenant in place through July 31, 2026, offering income now with end-user occupancy available at lease expiration. One-story ±11,164 SF building on ±32,980 SF lot with appr 17,500 sf of secure outside storage and new roof. Underbuilt site offers future expansion optionality. Infill location near major corridors. Ideal for owner-user seeking control with interim income. Current tenant occupies 70% but vacates end of July 2026. Owner currently occupies 3,100sf.
Property Facts
| Sale Type | Investment or Owner User | Rentable Building Area | 11,164 SF |
| Cap Rate | 6.76% | No. Stories | 1 |
| Sale Condition | Lease Option | Year Built/Renovated | 1975/2020 |
| Property Type | Industrial | Parking Ratio | 1.54/1,000 SF |
| Property Subtype | Warehouse | Clear Ceiling Height | 14’ |
| Building Class | C | No. Drive In / Grade-Level Doors | 7 |
| Lot Size | 0.76 AC | Opportunity Zone |
Yes
|
| Zoning | I-1 - Industrial, Property has rare Junkyard salvage license in place. Heaviest industrial uses with clean history and prior Phase 1 Studies. | ||
| Sale Type | Investment or Owner User |
| Cap Rate | 6.76% |
| Sale Condition | Lease Option |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 0.76 AC |
| Rentable Building Area | 11,164 SF |
| No. Stories | 1 |
| Year Built/Renovated | 1975/2020 |
| Parking Ratio | 1.54/1,000 SF |
| Clear Ceiling Height | 14’ |
| No. Drive In / Grade-Level Doors | 7 |
| Opportunity Zone |
Yes |
| Zoning | I-1 - Industrial, Property has rare Junkyard salvage license in place. Heaviest industrial uses with clean history and prior Phase 1 Studies. |
Amenities
- Bus Line
- Fenced Lot
- Property Manager on Site
- Signage
Property Taxes
| Parcel Number | 49-42-34-06-5220 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $1,622,260 |
Property Taxes
Parcel Number
49-42-34-06-5220
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$1,622,260
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