For Sale
$950,000

4038 5Th Ter Oakland Park, FL 33334

Three-tenant industrial warehouse, 4,000 SF

Overview

Added:
Dec 11, 2024
Days on market:
135
This exceptional investment opportunity presents a 4,000-square-foot multi-tenant warehouse situated in Oakland Park, Florida, at 4038 NE 5th Terrace, zip code 33334. Built in 1960, this single-story industrial property boasts 100% occupancy with three distinct units. The property features a versatile layout, including office space, a bay with a retail counter, and ample warehouse area. Access is provided by two 12-foot bay doors at the front and three additional bay doors secured within a fenced area off the back alley. The building includes one full bathroom and four half bathrooms. The units are currently leased under varying terms: one tenant holds a yearly lease, while the other two are on month-to-month agreements. Unit A comprises approximately 1,740 square feet, Unit B approximately 760 square feet, and Unit C approximately 1,500 square feet. The asking price for this institutional-grade investment is $950,000. The property is located within an established Oakland Park industrial park. Lot size is not specified. This property offers a strong return on investment with its current occupancy and diverse tenant base.

Highlights

  • 4,000 SF multi-tenant warehouse in Oakland Park, FL (33334) at 4038 NE 5th Terrace.
  • 100% occupancy with three units (approx. 1,740 SF, 760 SF, and 1,500 SF).
  • Features office space, retail bay, ample warehouse area, and five bay doors (two front, three rear).
  • One full bath and four half baths. Varying lease terms (one yearly, two month-to-month).
  • Asking price: $950,000. Located in an established industrial park.

Property Details for 4038 5Th Ter

Property type
Warehouses, Industrial properties
Square Feet
4,000 SF
Year Built
1960
Stories
1
Units
3

Location Insight

City
Oakland Park
County
Broward
State
Florida
Latitude
26.17698581539
Longitude
-80.139710620484

FAQs

What type of property is this?
Warehouse - Three-tenant industrial warehouse, 4,000 SF
Where is the warehouse located?
The property is located at 4038 5Th Ter Oakland Park, FL.
What is the asking price?
The asking price for this property is $950,000.
What are key features of this property?
This property features: 4,000 SF multi-tenant warehouse in Oakland Park, FL (33334) at 4038 NE 5th Terrace.; 100% occupancy with three units (approx. 1,740 SF, 760 SF, and 1,500 SF).; Features office space, retail bay, ample warehouse area, and five bay doors (two front, three rear).
How can I contact the broker?
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4038 5Th Ter
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