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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
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

Property Taxes

Parcel Number
49-42-34-06-5220
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$1,622,260
  • Listing ID: 39454394

  • Date on Market: 2/16/2026

  • Last Updated:

  • Address: 842 NW 7th Ter, Fort Lauderdale, FL 33311

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