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201 SW 21st St
Listing Details
- $3,495,000
- MLS# A11960453
- Type Commercial - Industrial
- Status Active
Description
RARE SMALL BAY WAREHOUSE FOR SALE 201-215 SW 21st in Ft. Lauderdale. Completely updated small bay industrial warehouse property totals +/- 12,070 square feet & sits on a 0.48-acre site. Currently laid out as 15 Individual Bays & is 100% leased. Located in one of the countrys densest and most desirable submarkets of Ft. Lauderdale. Current in-place rents for existing tenants are $20.00 modified gross with all tenants on Month to Month leases. NOI approximately $195,000. +/- . Market rents remain meaningfully below the competitive set, allowing new ownership to increase rents while preserving the Propertys value-alternative positioning. Built... Read more
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All Property Features
- Property Type: Commercial - Industrial
- Crops Included Y/N: No
- Days on Site: 99
- Directions: Property is just north off of State Road 84 between Andrews Ave and SW 4th Avenue off of SW 2nd Ave. Immediate access to Ft. Lauderdale International Airport, Port Everglades, I-595, I-95, & the FL. Turnpike. All easy approaches to the location.
- Fenced: Yes
- Flooring: Concrete
- Home Warranty Y/N: No
- Lease Considered Y/N: Yes
- Lease Terms: Month To Month
- Lot Description: Corner Unit, Corner Lot
- Lot Size: 0.48 Acres
- Parcel#: 504215015580
- Property Attached Y/N: No
- Property Sub-Type: Industrial
- Security: Security Fence, Security Lights
- Sewer: Public Sanitation
- Stories: 1.0
- Taxes: $32,110
- Water: Public
- Window: Complete Impact Glass
- Year Built: 1959