For Sale
$970,000

2646 4Th St Fort Lauderdale, FL 33311

High-yield multi-tenant warehouse in prime location.

Overview

Added:
Dec 11, 2024
Days on market:
136
This exceptional investment opportunity presents a 3,659 square foot industrial property located at 2646 Northwest 4th Street, Fort Lauderdale, Florida, 33311. The property boasts a strong 6.00% capitalization rate, generating a net operating income (NOI) of $58,244 annually. Currently operating at 100% occupancy, the building comprises three individual units, each featuring approximately 1,219 square feet. Each unit is separately metered for electricity and includes a small office space, restroom, and a rear overhead door, providing flexibility and convenience for tenants. Situated on a 6,309 square foot lot, the single-story building is strategically positioned just west of I-95, off Broward Boulevard, offering unparalleled access to major transportation arteries, including airports and downtown Fort Lauderdale. The asking price is $970,000, translating to $265 per square foot. This property represents a compelling investment opportunity in a high-demand market, offering a stable income stream and significant potential for future appreciation. The property's excellent location and well-maintained condition make it an attractive option for both seasoned investors and those seeking to diversify their portfolio. Detailed financial information is available upon request.

Highlights

  • $970,000 asking price for this industrial property.
  • 3,659 square foot building on a 6,309 square foot lot.
  • $265 per square foot price.
  • 6.00% cap rate with a $58,244 Net Operating Income (NOI).
  • 100% occupancy with three (3) units.

Property Details for 2646 4Th St

Property type
Warehouses, Industrial properties
Square Feet
3,659 SF
Stories
1
Units
3

Location Insight

City
Fort Lauderdale
County
Broward
State
Florida
Latitude
26.1250838
Longitude
-80.1773494

FAQs

What type of property is this?
Warehouse - High-yield multi-tenant warehouse in prime location.
Where is the warehouse located?
The property is located at 2646 4Th St Fort Lauderdale, FL.
What is the asking price?
The asking price for this property is $970,000.
What are key features of this property?
This property features: $970,000 asking price for this industrial property.; 3,659 square foot building on a 6,309 square foot lot.; $265 per square foot price.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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2646 4Th St
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