1620 NE 12th Ter Unit 1620-1630, Fort Lauderdale, FL 33305

Property Description

Warehouse with liberal B-3 Zoning located near I-95 and Federal Highway. Partially rented with two units vacant as seller believes building is best suited for an owner user who may need the space. The tenants are at under-market rents. Upstairs is a space perfect for buildout of an office. All warehouse units have front and back 10' x 10' overhead doors allowing for full passthrough. Units 1620, 1622 and 1624 have a small interior office. Units are already subdivided and individually metered which allows an owner to use some and rent the others. The ceiling height is 13'. Each bay is 2000 square feet. There is a right of way that runs along side and to the rear of the building. Each tenant can park one vehicle in front of the bay door but no designated parking. CAP RATE IS PRO-FORMA.